A new statistical model predicts that by the year 2100, the number of people older than 85 worldwide will increase more than previously estimated, and there will be fewer working-age adults to support them than previously expected.The findings,
Baby boomers aren't saving enough for retirement because they are spending too much on mortgage debtand carrying that and other debts into their near-retirement years, says a new study from the National Center for Policy a greater percentage
Riverview Retirement Community says it plans to pay for a major remodel, refinance debt, and fund ongoing construction through the sale of $16 million to $20 million in tax-exempt revenue bonds.The majority of the bonds would fund remodel at the
Staff members at the Alzheimer's Association Inland Northwest Chapter in Spokane say they are seeing a rise in demand for support services and information in recent years, in part because of better awareness and diagnosis of the disease.Joan a a
Spokane Valley residential designer Curt Schimanski, who has worked with some of the Spokane area's most prominent homebuilders, believes there is untapped demand for new homes designed specifically to meet the needs of residents as they age.He
As many as a quarter of Medicare recipients spend more than the total value of their assets on out-of-pocket health care expenses during the last five years of their lives, say researchers at New York-based Mount Sinai School of Medicine. In 43
Rules changes intended to increase transparency, but some still confused
October 11, 2012
Last summer, the U.S. Department of Labor put new rules in place to make it easier for 401(k) plan sponsors and participants to understand how much they're paying in 401(k) fees. However, a recent national survey of small business owners conducted
Program intended to help those 50 and older who are starting businesses
October 11, 2012
The U.S. Small Business Administration and AARP have teamed up in an effort to improve the chances for success of "encore entrepreneurs," or entrepreneurs over the age of 50, by matching them with successful business owners and community leaders, a
Regency Pacific Management LLC, a Bellevue, Wash.-based retirement-community operator, has taken over operations at two North Idaho complexes developed and formerly run by Beehive of North Idaho Inc., says the court-appointed receiver that plans to
As people lose their jobs due to the economy, more people have started to take money out of 401(k) plans and individual retirement accounts to make ends meet, says Greg Stewart-Longhurst, certified public accountant and founder of Stewart & PS. it