Senior Living
Found 73 Articles.
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Older People and Friendships
This post is anecdotal, not research based, but it’s interesting. The author’s theory is that older people are more willing to “fire” their friends. He thinks younger people have more but shallower relationships and that younger people’s relationships are more group-oriented, so firing one friend has repercussions with others. In the past few years, I’ve […]
Living to 100
There are four keys to a long life, according to a recent study by BMO Wealth Institute (related to the Bank of Montreal). The four factors shouldn’t come as a surprise to readers of Retirement Watch or this blog. But the linked article is a good summary of the available research. The BMO report cited […]
Estimating Longevity
A major mistake in most retirement plans is underestimating how long retirement will last. Most people routinely underestimate the life expectancy for people their age. More importantly, life expectancy varies with income level. The higher your income in your 50s, the longer you are likely to live, and life expectancy has increased more for higher […]
Really Helping the Grandkids
Too often these days it seems that things parents and grandparents do to help the youngsters actually are harmful over the long run. I’m not talking too much about financial help, though that is a factor. Read this. It covers both actions and failures to act. 2. We rescue too quickly Today’s generation of young […]
Health Risks in Senior Housing
You probably know about superbugs. That’s the name for bacteria that are resistant to antibiotics. There have been widespread reports that superbugs are likely to be found in hospitals. But a recent study found that superbugs are very likely to be found in residences for the elderly, such as nursing homes. That means anyone who […]
Helping the Grandkids with Financial Literacy
One of the periodic features in Retirement Watch is focused on ways to help grandkids. I rarely see anything about that in other publications, though I know that a number of grandparents regularly look for ways to help their grnadkids. That’s why I was attracted by this article from The New York Times. It points […]
Life Expectancy in the U.S.
One of the criticisms of the medical system in the U.S. is that despite all the money we spend, we don’t have great results. Life expectancy is considered the prime way of measuring the effectiveness of medical care. Most of the time the U.S. ranks 19th or 20th when developed countries are ranked for life […]
Age and Financial Decisions
I write regularly about the research on aging and financial decisions. It doesn’t matter how smart you are. Analytical decisionmaking declines, and it begins to decline earlier than most people think. There are ways to deal with this, other than turning your decisionmaking over to other people. But the coping mechanism isn’t what most people […]
