Can consumers fix what’s wrong with healthcare? Letting consumers call the shots is a central idea in the Medicare reform plan proposed by Rep. Paul Ryan (R-Wis.) and adopted by the GOP-controlled House of Representatives. The GOP plan proposes replacing fee-for-service Medicare with a voucher that seniors would use to buy private health insurance on [...] [...more]
Fidelity Investments says the cost of healthcare in retirement is falling for the first time since the company began tracking health spending ten years ago — and the new healthcare reform law is getting the credit. Fidelity estimates that a 65-year-old couple retiring this year will need $230,000 to pay for medical expenses throughout retirement, [...] [...more]
The new health care reform law will be under attack in 2011 in the courts and in Congress. If you’re over age 50 but too young for Medicare, you’d do well follow the battles closely. No age group stands to lose more than Americans age 50-64 if the conservative efforts to strangle the Affordable Care [...] [...more]
What were the ten most popular stories on retirement in 2010? I checked the traffic data here at RetirementRevised, and–no surprise–the list of most-viewed stories reflect our hard times economy. The most-read stories focused on issues like Social Security benefits, 50+ job-hunting, saving money and improving cash flow. Here are the ten most viewed stories [...] [...more]
Soaring credit card debt and medical expenses sparked a major increase in the number of older Americans filing for bankruptcy in recent years. A study of bankruptcy filings found that the average age of bankruptcy petitioners is rising, with the sharpest increase among those over age 55. While older people account for a relatively small [...] [...more]
