What’s News!  July 6 – July 12, 2009

Your weekly link to national (50-plus) news and information from newspaper and magazine publications, news organizations and web resources nationwide! Click here to receive this free service via e-mail.

Health:

Medicine:

Mind:

Personal Finance:

  • Reverse Mortgages: While the recession hasn't spared any age group, it's been particularly brutal for older Americans who were counting on their (now shrunken) nest eggs to last through their retirement years. Time, July 20.
  • Set yourself free: Financial freedom is within reach, if you adopt specific strategies to get there. MarketWatch, July 9.
  • Does laddering make sense now? In a prolonged low-rate environment, what can investors do to beef up their earnings? Bankrate.com, July 8.
  • 5 keys to automatic retirement plans: Are you putting money into a 401(k) without even knowing it? Automatic enrollment plans allow an employer to take a portion of your paycheck and put it into a 401(k) on your behalf. Bankrate.com, July 7.
  • Reverse mortgage can help seniors buy new home: Your home is not your piggy bank. However, there is a reward for those who did build equity in their homes: In their senior years, their home can provide a monthly stream of tax-free income, or a lump sum of cash to spend as they wish, while remaining safely in their home. Or it can provide a source of financing for a new, smaller home. Chicago Sun-Times, July 6.
  • Target reassessment: Target-date funds were roundly criticized after crash -- how are they doing now? MarketWatch, July 6.

Retirement:

  • Many couples diverge on retirement planning: They may have vowed to stick together in sickness or in health, but that doesn't mean married couples have talked much about their financial plans for retirement. The Dallas Morning News, July 9.

Social Security:

Work:

End of Life:

  • Sisters Face Death With Dignity and Reverence: For end-of-life care, a group of convent sisters rely on social networks rather than aggressive medical care. The New York Times, July 8.
  • The Caregiver’s Last Expense: Funerals mark a sad turning point in the emotional lives of families and, often, an end to years of caregiving. But they are also a major expense, often undertaken by stricken loved ones ill-prepared to make major financial decisions. The New York Times, July 8.

Xtra!

  • Couple show age is no barrier in track and field: At an age when most people are content to be spectators, O'Connor is striving to run faster, throw farther and jump higher. She is entered in seven events this week at the USA Masters Outdoor Track and Field Championships, which begin today in Oshkosh, Wis. USA Today, July 8.
  • States seek tests for older drivers: A looming "gray wave" of Baby Boomers expected on the nation's highways over the next two decades has prompted states to launch programs aimed at allowing seniors to keep driving as long as they can without endangering themselves or others. USA Today, July 6.
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