MATURE MARKET HEADLINES POSTED 07/28/97
How to Make Your Retirement Dough Rise
When it comes to retirement, there are two financial realities. First, you have to have enough money saved to meet expenses. Second, you have to make sure that money continues to rise along with inflation.
The August issue of "Retire With Money" (RWM) offers boomers the following plan designed to meet these two financial realities. With twenty years until retirement, keep 80% of your investments in fast-growing stocks as an inflationary hedge. The remaining 20% should be in guaranteed investments, like bonds. With 10 years until retirement, keep 70% in high-growth stocks, and 30% in guaranteed investments.
During the first ten years of retirement, when you're dipping into your portfolio for living expense money, the allocation should be changed to 60% high-growth and 40% guaranteed. In the second decade of retirement, the allocation between high-growth, inflationary hedge investments and guaranteed income investments should be 50-50. For a sample issue of the RWM newsletter, contact: "Retire With Money" at 1-800-284-5300.
See related articles in the AgeVenture archives.
Top Myths on Retirement Plans: IRAs, 401(k)s
Gap Between Retirement Planning and Action
SAVER Act Promotes Retirement Planning
AgeVenture News Service, www.demko.com
BACK TO TOP
WHO Looks Into Global Depression
The number one, worldwide cause of disability is depression, according to a study jointly sponsored by WHO (the World Health Organization), the Harvard School of Public Health, and the World Bank. The study assessed the impact of mortality and disability from disease and injury for the year 1990 and made projections for the year 2020.
Among other things, the study found that the leading causes of disability differed from the leading causes of death. Findings were reported as either "years of life lost due to death", and "years of life lost due to disability". With regard to disability, unipolar depression affected 51 million people worldwide. However, the combined effect of unipolar depression, bipolar depression, alcohol use, schizophrenia, and obsessive compulsive disorder accounted for 28% of years of life lost to disability.
Deaths attributed to depression numbered nearly 800,000. Finally, in 1990, depression was ranked the fourth greatest disabling disease. The WHO study projected that depression would rank second by the year 2020. Source:National Foundation for Depressive Illness.
See related articles in the AgeVenture archives.
Meds Plus Counseling Best Depression Therapy?
Low Cholesterol Linked to Boomer Depression
Older Adults: Depression and Suicide Facts
AgeVenture News Service, www.demko.com
BACK TO TOP
Retirement Planning is Top Employee Benefit for 1997
Beyond the obvious "take-home" paycheck, what are workers seeking from their employer's benefit package? According to the International Society of Certified Employee Benefit Specialists, investment education ranked as a top priority, second only to health care reform.
Other results from the survey conducted for the Society by Deloitte & Touche, 25% of employees surveyed reported that the design and implementation of retirement planning sessions was of major importance. In response to these trends, many businesses are encouraging employees to adequately plan for retirement by participating in corporate retirement preparation programs. For more information about the survey, visit the following website address http://dttus.com
See related articles in the AgeVenture archives.
More and More Retirees Are Experiencing It ... Poverty
Best Time to Retire Is July 1st says Expert
Pre-retirees Say Not Working Isn't Working
AgeVenture News Service, www.demko.com
BACK TO TOP
The View from AFAR
AFAR (American Federation for Aging Research) is setting its sights on global research. This December 10, AFAR will convene the opening of its first International Conference on the Biomedical Aspects of Aging Research. At the conference site (Venice, Italy) researchers representing institutions and organizations from around the world will gather to consider recent findings in aging research.
"This conference will give the world's top aging researchers a chance to meet one another, exchange new ideas, and build a stronger network to support aging research in their own countries", says Conference Co-chair, Gaetano Crepaldi, M.D. Participating associations for this global gathering include the National Institute on Aging, the University of Padova (Italy), the National Research Council, the International Association of Gerontology, the Alzheimer's Association, the AARP Andrus Foundation, and the United Nations. Corporate sponsors for the four-day event include: Merck Sharpe & Dohme, Novartis, Eli-Lilly, Glaxo-Wellcome, Bayer, Boehringer-Ingelheim, and Pfizer Inc. Source: AFAR.
See related articles in the AgeVenture archives.
Gero-technology Creates Anti-aging Cells
Science Helps Boomers Battle Premature Aging
Biologist Says No Firm Limit on Aging
AgeVenture News Service, www.demko.com
BACK TO TOP
Insomniacs Alerted that Hypnotics not Z cure
Hypnotics should be used with extreme caution and only for transient or situational sleep disturbances, says Dr. Michael Vitiello, University of Washington, Seattle. The reason? We just don't know enough about sleep disturbance, a disorder affecting 40% of all elders.
Vitiello offers another precaution about drugs used to treat sleep disorders. There is a temptation to prescribe a sedative when elders complain of sleep loss. In 1985, over 20 million sedative prescriptions were written, a 38% increase from 1980 levels. Persons age 60 and over received nearly 70% more sedatives than younger people. Older women were almost twice as likely as older men to receive a sedative prescription.
There are so many factors related to sleep disturbance, that the causal prescription of drugs or hypnotics can be dangerous. It is important, says Vitiello, to distinguish age-related sleep disturbances from those that stem from pathological processes. For example, older people spend more time in bed, less time asleep, take more time to fall asleep, and awaken more often. Many elders simply aren't active enough during the day to tire themselves for sleep at night. A good diagnosis, then, begins with a recognition of the many factors from which sleep disturbance can emerge. Source: Gerontological Society of America.
See related articles in the AgeVenture archives.
Sleep Loss Harms Metabolic Functions
Dentists Help Manage Snoring and Sleep Apnea
Pillow Prescriptions for Sleepless Seniors
AgeVenture News Service, www.demko.com
BACK TO TOP
Internet Surfers Caught in Fraudulent Webs
Con artists haven't changed their style that much. They just use new technology, like the Internet, to deliver their scams. The most common incidences of fraud on the Internet include the following scams. The scams are ordered by frequency on the Net. For example, the first scam occurs most often.
(1) Multi-level Marketing Pyramids, (2) Computer Software and Equipment Rip-offs, (3) Internet Services, (4) Business Opportunities, (5) Work At Home Scams, (6) Club Memberships / Buyers Clubs, and (7) an assortment of magazines, investments, scholarship services, and prize offers. Read the latest news on scams and browse through anti-fraud tips at the National Consumers League Website at http://www.fraud.org
See related articles in the AgeVenture archives.
Keys to Fraudulent Health Claims
Feds Fix Fraud Fretting Home Health Future
AARP Calls Estate Planning Firm A Scam
AgeVenture News Service, www.demko.com
BACK TO TOP
Is Gray Pride going down the drain?
Where, Oh Where, has the Gray Pride gone? For years, gerontologists have praised the virtues of gray. But now, it seems that virtue is being put to rest. And with good reason. In a recent survey sponsored by Combe Incorporated, 100 leading image consultants worldwide were asked to rate how gray hair impacts men's professional success. Here are some of the surprising findings.
- Money Matters
The image consultants perceived men with gray hair to earn an average of almost $10,000 less than those without gray hair ($61,000 compared to $70,000).
- Getting the Job Done
Men with gray hair were judged less capable than their non-gray counterparts. Only 27% of the gray-haired participants were rated "very capable". When the consultants were shown the same men with their natural hair color restored, the "very capable" rating jumped to 49%.
- Get Up and Go
According to the survey, gray-haired men don't convey the dynamism and energy that men with colored hair do. In 87% of cases, image consultants rated men without gray hair as "dynamic and energetic", but rated men with gray hair as "not dynamic and energetic" 40% of the time.
Since 1986, the sale of men's hair color products has increased 300%. Shampooing out the gray seems to have progressed at a feverish pace. In other words, Gray Pride is going down the drain.
See related articles in the AgeVenture archives.
Ageless Style Magazine for Mature Women
America's Oldest Old Get Better With Age
Harvard Creates Ageless Medical Guide
AgeVenture News Service, www.demko.com
BACK TO TOP
AgeVenture News Service, 21946 Pine Trace, Boca Raton, FL 33428 USA
Dr. David Demko, Editor
E-mail: demko@demko.com
the media may use these headlines
free-of-charge