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How Big a Boost Do Working Seniors Give the Economy?
NewsHour economics correspondent Paul Solman reports on a factory where the average age is 74, on the graying of academia, on senior entrepreneurship, and on age discrimination. He considers how working longer could help the economy. It’s all part of Paul’s…
Savvy Senior: Assistance programs that help seniors with health care …
Programs that help seniors with their Medicare expenses: There are several financial assistance programs that can help Medicare beneficiaries who are having a tough time paying their out-of-pocket health care costs. Here’s what’s offered, along with the eligibility requirements and how…
The Budget Battle
What’s more confused, the Obama administration’s Middle East policy or its economic policy? Kind of a pick-’em situation. While the Syrian befuddlement is in the headlines now, the brewing battle over the budget and debt ceiling will soon remind America…
Compromise, hard choices can work for benefit reduction
Recent reports from the Congressional Budget Office and trustees for Medicare and Social Security underscore the difficult fiscal challenges facing our nation. Although some short-term declines are projected for federal deficits in the next couple of years, the CBO warns…
Adjustments to Social Security important
Imagine if tomorrow morning’s headline was this: “Four hundred thousand to get one half billion dollar boost in income.” The news story announces that thousands of people in three states of the Northern Rockies whose good earning jobs are behind…
Find right time for Social Security
During your working lifetime, with every paycheck you’ve dutifully paid Social Security taxes. When the time comes to retire, will you file for your benefits as soon as possible — age 62 under current guidelines — or will you wait until…
Burns: Federal budget needs closer look
A new organization is seeking support for something we desperately need, but don’t have: A realistic accounting for the unfunded commitments our government made. You can learn about it at www.theinformact.org. The idea is to pass a bipartisan initiative called “The Inform…
Fill the Gaps in Your Retirement Income
People are living longer, so the retirement span has increased. They face rapidly rising health care costs, and given low interest rates, they need a bigger pile of money than they did in the past. At the same time, the full retirement…
Meetings offer details on seniors’ benefits
A training series titled Boomer Ed 101 will be offered for seniors (born between 1948-1953) in El Dorado County this month. Sponsored by the El Dorado County Commission on Aging and County Health and Human Services Agency, it will focus on…
Veterans now have a home, and hope
After leaving the military, Bob Larsen, 55, was at risk for homelessness. He’d lost everything, was consumed by depression, addicted to opiates, and tried four times to end his life. After a time he entered transitional housing, them got approved for…