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Good to Know!

“Spendaphobia”: The Reluctance to Spend

It is widely recognized that America’s economic growth since the 2008 recession has been slower than that of past recoveries. Some economists believe this is due in part to Americans putting more money into savings and spending less. The desire by a large percentage of the population – including baby boomers – to contribute to their…

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The Power of Meditation

The Science of Worrying Worrying; it’s part of being human. Retirees might be concerned about running out of income, poor health or how the world has changed and what that means for their grandchildren. Parents might worry about everything from money and work to family, health and nutrition. The problem is, the more we worry,…

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Trends in Philanthropy

Americans are big givers, data on philanthropic donations suggests. In 2016, we donated more than $373 billion to charitable organizations – a record amount – and Indiana University’s Lilly Family School of Philanthropy projected 2017 would see a 3.6 percent increase in giving. Among the recipients of this largess were progressive causes that appeared to…

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Education Tips for Retirees

You are never too old to learn something new, and that means you even can go back to college if you’re interested in furthering your education during retirement. In fact, by contributing to a 529 college savings plan, you can grow your earnings tax-deferred and then use your qualified distributions to make tax-free tuition payments…

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Is Feeling Younger the Secret to a Longer Life?

While some people accept getting older as a natural part of life, many others are on a mission to fight the aging process and maintain a youthful attitude and appearance. Although we are often reminded to “age gracefully” – to accept our older selves just as they are – research shows those who stay young…

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Preventing Elderly Financial Abuse

A recent study by the Center for Retirement Research at Boston College concluded that many retirees who do not suffer from any cognitive impairment can still manage their money through their 70s and 80s. The study reports that financial capacity relies on accumulated knowledge and that knowledge stays mostly intact as we age. However, the study…

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Equifax Cybersecurity Incident

You have likely heard that on July 29, 2017, Equifax discovered a breach of some of the sensitive information that they maintain in their data bases. Equifax estimates that as many of 143 million Americans were impacted by this hack. This data security incident may have exposed some of your personal information, including your Social…

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Ways to Relate to Your Teenage Grandchildren

During the different stages of being a grandparent, you may go from getting great big hugs to a casual nod, scant eye contact and a request for the Wi-Fi code. Welcome to grandparenting a teenager. You might complain about your grand-teen’s constant connection to headphones, apparent inability to hold an intelligent conversation and utter lack…

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Help Stay on Course with a Life Plan

Have you ever looked at your life and wondered, “How on earth did I end up here?” It’s probably happened to us all at some point. Author Michael Hyatt refers to it as drift: wandering so far off our original course that we don’t recognize where we are anymore. How do you help avoid drift and live…

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Innovations in the Baby Boomer Tech Market

Today, technology companies boast a rapid-fire pipeline of new innovations designed to help consumers in the home environment. While many are designed to help elderly people around the house, in some cases, it’s boomers who buy, install and help monitor those devices for their retired parents. The baby boomer generation is the fastest-growing segment of…

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