Building a Longer Life Community

Rewiring your future

Older Job Applicants Not Protected By Age Bias Law, Says U.S. Appeals Court

Older Job Applicants Not Protected By Age Bias Law, Says U.S. Appeals Court

For decades, federal law has protected job seekers over the age of 40 from age discrimination. But in a major blow to older applicants on Wednesday, the 7th U.S. Circuit Court of Public Appeals ruled that the Age Discrimination in Employment Act (ADEA) only protects current employees and does not cover external applicants. Attorney DaleRead more about Older Job Applicants Not Protected By Age Bias Law, Says U.S. Appeals Court[…]

Why Americans can’t expect a comfortable retirement anymore

Why Americans can’t expect a comfortable retirement anymore

In the old days, when people retired, 30 or 40 years of service to a company was often rewarded with a gold watch. Today it’s more likely to be a gold alarm clock, so those employees can get right back to work. Our nation’s seniors are working longer than ever as Americans’ retirement dreams evaporate,Read more about Why Americans can’t expect a comfortable retirement anymore[…]

Too Many Americans Will Never Be Able To Retire

Too Many Americans Will Never Be Able To Retire

Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time to relax, spend time with family and friends, and reflect on their life. But since the financial crisis,Read more about Too Many Americans Will Never Be Able To Retire[…]

Longer Lives Mean Greater Financial Risks For Elderly

Longer Lives Mean Greater Financial Risks For Elderly

Americans are living longer and are bound to face late-life financial risks that they may not be prepared for, even prior to any need for long-term care, according to a new report. The study by the Center for Retirement Research at Boston College highlights the risk areas that those 75 and over are susceptible to,Read more about Longer Lives Mean Greater Financial Risks For Elderly[…]

We mourn the loss of our National Spokesman and Good Friend Pat Boone’s wife, Shirley.

We mourn the loss of our National Spokesman and Good Friend Pat Boone’s wife, Shirley.

They were married for 65 years until Friday morning when death took her. But Pat says he will see her soon, seeing as how she just changed address. In her final moments, Shirley was surrounded by her husband and the couple’s four daughters, Cherry, Lindy, Debby and Laury, all of whom were by her bedsideRead more about We mourn the loss of our National Spokesman and Good Friend Pat Boone’s wife, Shirley.[…]

News Review for December 21, 2018

News Review for December 21, 2018

Links to the articles discussed in the video: https://www.politico.com/story/2018/12/18/criminal-justice-reform-bill-vote-1068268 https://www.washingtontimes.com/news/2018/dec/16/judge-reed-oconnors-obamacare-ruling-poses-new-pro/ https://www.americanthinker.com/articles/2018/12/americas_most_profitable_nonprofit.html

40% of the American middle class face poverty in retirement, study concludes

40% of the American middle class face poverty in retirement, study concludes

Nearly half of middle-class Americans face a slide into poverty as they enter their retirement, a recent study by the Schwartz Center for Economic Policy Analysis at the New School has concluded. That risk has been driven by depressed earnings, depressed asset values and increased health-care costs — causing 74 percent of Americans planning toRead more about 40% of the American middle class face poverty in retirement, study concludes[…]

This is how the boomer generation will influence retirement homes

This is how the boomer generation will influence retirement homes

For a glimpse into the future of retirement communities and — pardon the odious term — “senior housing,” you couldn’t do much better than to ask Robert Kramer. He and several partners got together in 1991 to launch what has become the leading trade group for this industry, the National Investment Center for Seniors HousingRead more about This is how the boomer generation will influence retirement homes[…]

House GOP expected to push changes to 401(k)s this fall

House GOP expected to push changes to 401(k)s this fall

Workplace retirement plans could be headed for a makeover in Congress. As part of a push for additional tax law changes, GOP lawmakers in the House are expected this month to float legislation that includes modifications to 401(k) savings plans. Broadly, those could include: reducing costs for small businesses to offer such accounts, making itRead more about House GOP expected to push changes to 401(k)s this fall[…]

65% of Americans save little or nothing—and half could end up struggling in retirement

65% of Americans save little or nothing—and half could end up struggling in retirement

Despite a low unemployment rate and increasing wage growth, Americans still aren’t saving much. That’s according to a new survey from Bankrate.com, which found that 20 percent of Americans don’t save any of their annual income at all and even those who do save aren’t putting away a lot. Only 16 percent of survey respondentsRead more about 65% of Americans save little or nothing—and half could end up struggling in retirement[…]