TUCSON, Ariz.— Carol Ross can’t stop smiling at dance practice as she shouts out the steps of a routine to members of her tap and jazz troupe for women age 50 and older. “I’ve been dancing my whole life, it’s the best,” said Ross, who founded the Rodeo City Wreckettes group 23 ...
Reader question: My spouse has little interest in our financial position. As we age, this concerns me. I try to share some basic information (income, spending, account balances, debt, and so on) each month but rarely get a response. I think graphs or charts might be of more interest to her than a bunch of numbers. What recommendations would you have for illustrating our financial position so that I am not the only person aware of how we are situated? Thanks! Answer: Your situation is pretty common. Most couples I know develop a division of labor over time, where one person is in charge ...
WASHINGTON — A novel pill helped people with advanced pancreatic cancer live longer, researchers reported Sunday, raising hopes of long-needed better treatments for one of the deadliest types of cancer. “While not curing the cancer, it is a very large step forward,” said Dr. Zev ...
Do you remember the distinct sound that was one of the hallmarks of your education? No, it wasn’t the crackling public address system or the bell prompting us to change classes at the end of the day. It could be heard echoing through the halls. If you were inside the classroom, you were ...
When we were children, it was common to be afraid of the boogeyman. As we age, the boogeyman gets replaced with a new fear: running out of money in retirement. This concern is understandable given so many Americans are now responsible for not only building their retirement savings but also deciding how much they should pay themselves annually in retirement. It’s a problem many don’t feel adequately prepared to solve, especially when failure means a funding shortfall at the end of life. Limit your spending, limit your lifestyle Recent research from Morningstar’s Behavioral ...
Dear Savvy Senior: My wife and I were recently talking about updating our will and wondered if we should also set up a trust. How do we know if we need one? — Planning Ahead Dear Planning, That’s an excellent question. A will is one of the most important tools in estate planning, but many people wonder if it’s enough, or if adding a trust makes sense. The answer depends on your finances, your family situation, and what you want your plan to accomplish. Here’s a simple way to think about it. What a will does A will spells out who gets your assets after you pass away. ...
