By Lee Callaway

Sunday, October 05, 2008

The Financial Hurricane

Knocked down by the financial hurricane? Get up and reboot!

The financial crisis that toppled major Wall Street banks and snarled credit markets around the world has also taken a toll on nest eggs, forcing people to rethink when and if their savings will allow them to retire.

More than half of people surveyed in an Associated Press-GfK poll released Wednesday said they worry that they will have to work longer because the value of their retirement savings has declined (Associated Press, Oct. 1, 2008).

Talk about an inconvenient truth. I know the feeling. I watched the monster eat a giant hole in my IRA in September.

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posted at 03:36:39 PM | permalink

Tuesday, September 23, 2008

Staying Healthy and Vigorous All Your Life

The headline on the story in the August 26 New York Times says it all: "Living Longer, in Good Health to the End."

Isn't that the way we all want it to be?

I think so. This article, by Jane E. Brody in the Times' Personal Health column, is one of many I've seen lately offering encouragement that the final years of life don't have to be a prolonged period of discomfort, distress and suffering.

"There is increasing evidence that the societal burden of increased longevity need not be so drastic," says the article. "Long-term studies have shown that how people live accounts for more than half the difference in how hale and hearty they will remain until very near the end."

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posted at 09:51:38 AM | permalink

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