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ANNIEAPPLESEED PROJECT
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Who created this website? A woman with breast cancer and an attitude.
Although this Project began...
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ARTICLES |
Date Posted: 7/26/2010
Title: Senior NewsWire July 26
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July 26, 2010
Your weekly link to national (50-plus) news and information from mainstream newspaper and magazine publications, news organizations and web resources nationwide.
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Medicine
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F.D.A. Panel Urges Limits for Avastin: An advisory committee recommended on Tuesday that the Food and Drug Administration revoke approval of the drug Avastin as a treatment for breast cancer, saying the drug was not helping patients.The New York Times, July 20.
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Mind
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Alzheimer's disease--The best bets for prevention, so far: It's uncurable and will strike 1 in 8 of us. So do your part by eating the right kind of diet and keeping your body and brain engaged. Los Angeles Times, July 26.
Gene Shows Promise for Alzheimer's: Scientists have found a way to dramatically reduce the erosion of memory and learning ability in mice with a version of Alzheimer's disease, potentially offering a new approach for tackling the illness in humans. WSJ, July 23.
Depression May Increase Chances of Getting Alzheimer's: As if depression wasn't bad enough on its own, new research suggests older adults with depressive symptoms are at increased risk of developing Alzheimer's disease. LiveScience, July 21.
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Personal Finance
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When Trusts Meet Retirement Accounts: Many parents want to control how quickly their children can draw down the retirement accounts they inherit-and are fixating on trusts as the answer. It can be a complicated and risky process. WSJ, July 24.
When to Rebalance Your 401(k) Investments: When it comes to 401(k) plans, savvy investors know that asset allocation - based on your time horizon, risk tolerance and savings goal - is crucial. SmartMoney, July 23.
Playing Retirement Account Catch-Up: If you'll be age 50 or older as of year-end, you can make extra "catch-up" contributions to certain types of tax-favored retirement accounts. SmartMoney, July 20.
Retiring? What to do with your 401(k): When your ready to leave the workforce, should you leave your nest egg in your company's 401(k) plan or roll it over? Here's how to decide. Money, July 20.
Pros and cons of retirement income options: Despite near-constant reminders, Americans aren't really good at saving for retirement. And they're likely to be just as bad at stretching their savings to last the entirety of their golden years. Bankrate.com, July 19.
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Taxes
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Estate tax to return in 2011, and it could hurt ordinary folks: If former New York Yankees owner George Steinbrenner's estate was valued at over $1 billion, the fact that he died while the estate tax is not in effect may have saved his heirs $500 million in taxes. USA Today, July 20.
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Retirement
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Predicting Your Own Life Expectancy: One of the biggest retirement challenges is figuring out how many years of retirement you need to plan for. US News and World Report, July 22.
The Best-and Worst-Places to Build a Nest Egg: A state-by-state look at how workers saving for retirement will fare. US News and World Report, July 22.
What To Do When You Don't Have Enough To Retire: Lifestyle changes and a bit more work can make all the difference. Forbes, July 19.
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Investing
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How to Pick a Target-Date Fund: New data give investors a look at what these popular retirement vehicles actually hold-and how their fees weigh on returns. WSJ, July 24.
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Social Security
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Faith in Social Security system tanking: A USA TODAY/Gallup Poll finds that a majority of retirees say they expect their current benefits to be cut, a dramatic increase in the number who hold that view. USA Today, July 20.
Social Security Defenders Circling the Wagons: The National Commission on Fiscal Responsibility and Reform, appointed earlier this year by President Obama, is expected to address Social Security and other major sources of federal red ink in recommendations late this year. US News and World Report, July 19.
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Housing
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Making Homes Safer for Dementia Patients: Just about everyone with an older parent living alone worries about falls, and there is no shortage of suggestions for how to elder-proof a home in order to minimize trips and slips. But experts say it is also important to minimize household dangers for people with dementia and Alzheimer's disease. The New York Times, July 19.
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Long-Term Care
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Cuts in Home Care Put Elderly and Disabled at Risk: States facing deficits have cut home-care services, even though they save by keeping people out of nursing homes. The New York Times, July 16.
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Xtra!
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How to E-Mail Seniors Who Don't Have a Computer: Keeping in touch with grandparents and other older relatives can be a bit more challenging when they don't use a computer. Fortunately, there are two new services available today that can bridge the gap between those who use e-mail and seniors who don't. KFOR-TV, July 23.
Some employers steal from 401(k) plans: Keep a close eye on your account to make sure your money is safe. MarketWatch, July 22.
Facing Pension Woes, Maine Looks to Social Security: Some states provide retirement benefits for their employees solely from their state pension programs, but Maine, spurred by costs, is considering changes. The New York Times, July 20.
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NOTE: Articles linked by Senior Newswire may not be published without consent from the publication or outlet from which they came.
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