Caring for Aging Parents 11/06
WWJ's Pat Sweeting says it is best to be prepared when anticipating the care of aging parents.
Caring for Aging Parents - Cancer 11/06
Are men getting prostate exams as recommended? WWJ Newsradio 950's Pat Sweeting discusses the issue with Dr. Isaac Powell, Professor of Urology at the Karmanos Cancer Institute and Wayne State University. They spoke during the recent Heroes of Breast Canc
Mature Workers Program 11/02/09
WWJ's Pat Sweeting talks with N. Charles Anderson, President and CEO of the Urban League of Detroit and Southeast Michigan, about the Mature Workers Program, a Title-5 program funded by the Department of Labor.
Caring for Aging Parents 11/02
WWJ's Pat Sweeting says it is best to be prepared when anticipating the care of aging parents.
Sometimes it seems it takes a lifetime of character-building to prepare us for old age. The costs of medical care, nursing care and other age-related needs is staggering, and it can be frightening to contemplate. However, there are strategies anyonecan employ to maximize your finances, manage them sensibly and make them last as long as possible -- while still leaving something for your descendants.
Getting Started Financial planning for one's elder years -- whether your own or a parent's -- should begin years before bifocals and back pain. None of us knows how long we'll live, and we have to be prepared for the years when we have to live on pension, savings and Social Security.
Pension Protection: How it Works If you start noticing a little less in your paycheck, it may not be your imagination. The Pension Protection Act 2006 law allows companies to "auto-enroll" employees in retirement savings plans.
Job Web Sites For The Over 50 Set Over age 50 and looking for a job? Google the words "over 50 employment," and you'll be presented with a number of websites.
Income-Eligible Seniors Can Tap Low-Cost Loans for Home Improvements Income-eligible Michigan homeowners, including many seniors, may now borrow up to $50,000 from the Michigan State Housing Development Authority (MSHDA) to make alternative energy efficiency improvements to their homes. The program adds alternative energy improvements to a long list of traditional improvements.
Understand life insurance needs for elderly relatives As parents or other relatives advance in age, the cost of health care, nursing homes, and other services can spiral out of control. Does it make sense for older people elderly to pay huge monthly life insurance premiums on top of the other bills they face?
Brophy: You Need a Harvest Strategy If you're a small business owner, you need a "harvest strategy": a strategic plan for positioning your company for an orderly monetization before or at the time of your retirement or passing.
You Aren't Immortal, Your Planning Should Reflect That Planning for one's own demise or disability makes a lot of people uncomfortable. What is the success rate of family firms transitioning to following generations? WWJ asked an expert for this Q&A report.
A Cautionary Tale About Early Retirement Dreams More than one of every five Americans age 62 and older who expected to retire early are still working, according to a recent analysis of the prevalence of unanticipated work in retirement and its consequences for the well-being of older adults.
What Documents Do I Need? A reader writes to WWJ: Is there a check list of information (financial, mortgage, insurance, auto, etc.) that children should have from their parents? We posed the question to Danielle Mayoras, attorney at the Center for Elder Law.
Dealing With Debt It isn't just young people prone to miring themselves in credit-card debt. Between 1992 and 2001, people age 65-69 saw their average credit-card balance rise 217 percent -- a frightening amount for people on a fixed income.
Investor Education:Your Next Step If you have taken an early-retirement buy-out from your employer, chances are you good that you now have the largest lump sum of cash you have ever had in your life. Once you take the buy-out, self-evaluation, not investing should be your next step.
Reverse Mortgages Reverse mortgages can be described as a form of piggy bank – for years, you put money in your house (the piggy bank), and eventually paid off your mortgage, or reduced the balance dramatically.
More Financial Resources
AARP: Money Find information on financial planning and retirement, Social Secutiry, credit and debt, tax-aide and more.
The Center for Elder Law Get information and connect with the Center for Elder Law, a full-service facility covering every legal issue affecting the lives of seniors or their families.
U.S. Administration on Aging AoA is the federal focal point and advocacy agency for older persons and their concerns. AoA works to heighten awareness among federal agencies, organizations, groups, and the public about the valuable contributions that older Americans make to the nation and alerts them to the needs of vulnerable older people.
National Council on Aging Nonprofit organization with a national network of more than 14,000 organizations and leaders with programs to help older people remain healthy and independent, find jobs, increase access to benefits programs, and discover meaningful ways to continuecontributing to society.
Michigan Office of Services to the Aging Resource for information on aging in Michigan. If you're an older adult, family member, or caregiver, here you can easily find and be referred to community programs available in your area, as well as access general health information and more.
Southern Michigan SR Alliance Offers solutions for seniors with a respected reputation in the community for senior services.
Senior Resource Line Michigan Seniors can get free information on housing, transportation, health care, classes and support grounds by calling Beaumont Hospital's Senior Resource Line.
Elder News
Program Offers Help Returning To Work Are you at or beyond age 55 and looking for a job? N. Charles Anderson, President and CEO of the Urban League of Detroit and Southeast Michigan talked with WWJ's Pat Sweeting about the Mature Workers Program.
A Little Help Along the 'Road to Recovery' Mom needs to get to treatment and dad needs to use the car to get to work. Well, the American Cancer Society may be able to help through its “Road to Recovery” program, a transportation service to and from treatment.
Interview: Seniors At Risk for HIV With input from Detroit Medical Center's Dr. Lawrence Crane, WWJ Newsradio 950's Pat Sweeting explores the reasons why more people over age 50 are being diagnosed with HIV-AIDS.
How to Know It's Time to Dump Your Doctor In relationships, sometimes you have to know when to call it quits. That's especially true when it comes to the relationship with your doctor.
Keep It Sharp: Feed Your Brain Although many people add vitamin and mineral supplements to their diets as a way to boost brain health as they age, there are certain foods that'll get those brain cells going, too.
Managing Menopause (For Men, Too) As millions of families can attest -- when mom moves into the menopausal phase of life -- the entire household often finds itself walking on eggshells. Lately, doctors are seeing male patients complaining of similar symptoms, too. WWJ's Pat Sweeting takes a look at managing menopause.
Job Web Sites For The Over 50 Set Over age 50 and looking for a job? Google the words "over 50 employment," and you'll be presented with a number of websites.
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