Heart Disease - A long-Term Care Illness Posing A threat to Baby Boomer Women

In our previous blog, we joined millions of Americans in observing World Cancer Day to help spread awareness, prevention and treatment for the disease, today, we may see a lot of social media post about women wearing red dress with the hashtag #GoRedForWomen. Ever wondered why those women are all wearing red? Because its National Wear Red Day, which symbolizes the observation of heart disease awareness.

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Planning for Retirement: Security for Baby Booomers

Working in the golden years have proved that baby boomer's attitude towards retirement has dramatically changed. A lot of people who are 55 years old and above are still active in the workforce and some are still looking for career opportunity despite their old age.

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Cancer Crisis: A Burden for Aging Baby Boomers

Today is World Cancer Day, a lot of people are joining hands to help spread awareness about this chronic illness and encourage the prevention, detection and cure to the disease. Considered as the second  most common or leading cause of death, this disease may require a patient to be on long-term care services, around 8% of claimants are affected with this illness. Cancer can affect people from all walks of life, regardless if you're wealthy or poor, young or old, however, the most significant risk factor of cancer is age. This being said, seniors and boomers have higher risk of developing the disease.

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Baby Boomer's Health is Wealth

"Health is wealth", this is an old saying but holds true especially for aging baby boomers. The burden of health and long-term care cost are being shouldered by majority of our aging population since they are prone to be care recipients due to the effects brought about by aging.

Long-Term Care Insurance: Does Baby Boomer Need It?

You may have read, seen or heard that for people aged 65 and above, the odds of needing long-term care services at some point in their life is 70%, so how come baby boomers are ignoring this prospect? Boomers have seen their parents struggle with long-term care, they are aware of the emotional, mental and physical devastation people have to deal with as a result of not taking necessary actions to plan properly for future health and long-term care needs.

Aging the Boomer Way: Who Will Take Care of Childless Seniors?

Statistics revealed that 1 in every 5 baby boomers is childless, that is about 15 million boomers who never had children. And since boomers are mostly in their retirement years, there is a looming crisis on who is going to take care of them? We are all aware that the foundation of caregiving is family, majority of caregivers are spouses and children, for spouses who are childless, women are expected to provide care, if so, who will take care of her when she eventually needed care? And how about single boomers who are likely to live alone in their old age?

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Baby Boomers Retirement Planning Guide - Don't be Ill-Prepared

Once you hit the age of 50, your goals change, you are more serious and focused on retirement security, savings goals and financial future. Boomers are now more confident, this is evidenced by the research result which showed that there is a great increase in the percentage of boomers who are certain when they would retire.

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