BUSINESS
May 20, 2012 | By Alan J. Heavens, INQUIRER REAL ESTATE WRITER
In the first few years of the last decade, a lot of assumptions were made about aging baby boomers, their parents, their children, and their housing needs. Boomers would begin downsizing as soon as the children flew the coop, starting at about 55. Boomers would move to communities filled with their own kind. Elderly parents would be accommodated in a casita — a part of the house — until they needed continuing care. The casita would then be converted to a crafts room.
NEWS
May 19, 2012 | By David Brown, Washington Post
The federal government Friday called for all baby boomers to be tested for hepatitis C, which kills more Americans each year than AIDS and is the leading reason for liver transplants. The Centers for Disease Control and Prevention made the recommendation to find hundreds of thousands of people who don't realize that they have the infection, which greatly increases their chances of developing cirrhosis and liver cancer. The hepatitis C virus is transmitted by blood, usually through intravenous drug use or transfusions.
NEWS
March 11, 2012 | By Dan Sewell, Associated Press
MOUNT ORAB, Ohio - It's winter, so Donna Robirds puts on two sweaters in the morning and keeps heavy blankets handy as she sets her thermostat low - 60 at night - and bundles up to keep her utility bill down. At 67, with a fixed income and a $563-a-month mortgage, she lives on a tight budget. Food stamps help the retired state employee stretch her budget in this Appalachian village. So has the mild winter. "We haven't had the extreme cold, so it hasn't been too bad," she said.
NEWS
November 27, 2011
Nicole Gelinas is a City Journal contributing editor and a fellow at the Manhattan Institute Aging members of America's middle class worry about retirement, and for good reason. When the TV talking heads aren't reminding us about plummeting house prices, they're speculating about not whether but by how much politicians will cut Social Security and Medicare benefits. And the financial and economic crises of the last several years have left the country 10 percent poorer, obliterating $6.1 trillion in wealth, a healthy chunk of which was in retirement savings.
NEWS
October 27, 2011 | ASSOCIATED PRESS
WASHINGTON - Many baby boomers say that they're likely to stay put in retirement amid a shaky economy. Those who hope to buy a new place are looking for a smaller home somewhere with a better climate that's more affordable and close to family, a new poll finds. The 77 million-strong generation born between 1946 and 1964 is increasingly worried about retirement and their finances in light of the economic crisis of the past three years. Just 9 percent said that they are strongly convinced they'll be able to live comfortably when they retire, according to the Associated Press-LifeGoesStrong.com poll.
BUSINESS
September 11, 2011 | By Gail MarksJarvis, Chicago Tribune
For so many Americans, these are desperate, fearful, and contradictory times. More than 20 million are out of a job, have given up looking, or settled for part-time work. Those with jobs fear they will be laid off, and people trying to move for a job are stymied by homes they cannot sell. "How are consumers feeling this month? . . . Pretty depressed," said analyst Ed Yardeni, after perusing consumer-confidence numbers in late August. According to a recent Gallup poll, three in 10 workers are worried about being laid off - a level of fear last seen in August 2009.
NEWS
July 31, 2011 | Jennifer C. Kerr, Associated Press
WASHINGTON - The "golden years" may lose some luster for many baby boomers worried about the financial pressures that come with age. Many of the nation's 77 million boomers are worried about being able to pay their medical bills as they get older, a new poll finds. The concern is so deep that it outpaces worries about facing a major illness or disease, dying, or losing the ability to do favorite activities. Another major concern among the boomers: losing their financial independence.
NEWS
July 16, 2011
Theodore Roszak, 77, the author, scholar, and critic who brought the term counterculture into the mainstream as he documented the social upheavals of the 1960s, died July 5 of cancer in Berkeley, Calif. The longtime professor's best-selling The Making of a Counter Culture was published in 1969 and gave a label to the assortment of youth movements upending life on college campuses and beyond. "People were trying to figure out, 'What is this thing that has come upon us?' He named it," Columbia University historian Todd Gitlin said.
NEWS
July 14, 2011 | By Connie Cass and Stacy A. Anderson, Associated Press
WASHINGTON - Baby boomers say wrinkles aren't so bad and they're not that worried about dying. Just don't call them old. The generation that once powered a youth movement isn't ready to symbolize the aging of America, even as its first members are becoming eligible for Medicare. A new poll finds three-quarters of all baby boomers still consider themselves middle-aged or younger. That includes most of the boomers who are ages 57 to 65. Younger adults call 60 the start of old age, but baby boomers are pushing that number back, according to the Associated Press-LifeGoesStrong.com poll.