Tag Archives | baby boomers

…and our senior citizens are in the mix!

An analysis of how different generations are getting their news suggests that these trends are likely to continue. In 2010, for the first time, the internet has surpassed television as the main source of national and international news for people younger than 30. Since 2007, the number of 18 to 29 year olds citing the internet as their main source has nearly doubled, from 34% to 65%. Over this period, the number of young people citing television as their main news source has dropped from 68% to 52%.

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BABY BOOMER INVESTMENT PORTFOLIO

The baby boomer seniors will have more financial and market information at their fingertips than any generation ever. The only problem is that they don’t have the time to process it.

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COMMONWEALTH OF PENNSYLVANIA OFFICE OF LONG-TERM LIVING PENNSYLVANIA SENIOR CARE AND SERVICES STUDY COMMISSION

This fact places providers in a difficult position of attempting to meet consumers varied preferences while complying with regulations and an inequitable and arbitrary funding system that has failed to meet the actual cost of care for decades.
For example, the capital costs for nursing facilities under the Medicaid program are capped at one-tenth of the actual cost and have been for over 20 years despite numerous and costly increases in regulations during that period of time.

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…and I thought they had all the money!?

One of the biggest problems seniors face hasen’t even been mentioned. The cost of health care related issues. Most already know that medicare will not cover all health related issues. Many seniors feel they will need to work till they drop and feel they can rely on employer funded health plans well into their retirement years. The economic situation we find ourselves in today requires we do more for ourselves. A local company just announced they are going to cut back 7800 jobs. Who do you think they will look at first? Think maybe the 50+ will be the first to go?

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Senior Day Offers Many Activities

This is the seventh year the event has had such a tone. In the past Town and Country Days had a special day for senior citizens and the WCCOA held a picnic for their seniors each September. But seven years ago they decided to work together on a combined event and the result has been very positive. “It started out with about 90 people and has grown to over 400!” said Ash. “It’s been very successful,” reiterated Lemasters.

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Are you ready for assisted living?

Along with providing access to care facilities across the country, Senior Living Mentor provides a complete senior guide and also gives concise information related to moving to an assisted living facility.

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I told you those seniors are independent active folks! Take a LOOK!

“Seniors are not a medical problem and not a health problem. All of us face ageing. We should see it as a social issue,” she told the news source.

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