Robin Williams’ Suicide Triggered by Type of Dementia?

A gossip website has attributed actor Robin Williams’ suicide to Lewy body dementia, a devastating disease that affects an estimated 1.4 million Americans, most of them men over age 60. Sources told TMZ that Williams’ doctors agree that the dementia was a “key factor” that drove him to suicide, though neither the diagnosis nor the doctors’ statements have been confirmed. >> Famous People We’ve Lost in 2014 Lewy body dementia is the second or third most common type of progressive dementia, according …

Why You Should Pay Down Your Mortgage

Many in the financial services industry will advise you not to pay down your mortgage. I can’t disagree more. Why? Because a mortgage is essentially the inverse of a bond: Mortgage: borrowed money where you pay someone principal and interest. Bond: money you lend where the borrower pays you principal and interest.   It’s that simple. For example, the high-quality bonds I wrote about here recently, or bank certificates of deposit (CDs), will pay you roughly 2 percent. The average mortgage rate is about 4 percent. My conclusion …

Compression Socks Are Now … Hip?

These definitely are not your grandma’s compression stockings. Suddenly, those tight, thick hose that help improve blood circulation are the newest hip-and-healthy trend. My grandma, who wore compression hose back in the day, would be stunned to hear that companies are now making compression tights and knee-high socks in chic colors and fun patterns to appeal to both fashion-conscious travelers and hard-core runners. >> 23 Fabulous and Famous Grandmas Here’s the New York Times on the trend among fashionistas: In preparation …

This Week in Boomer History: ‘Sesame Street’ … ‘Catch-22’

Notable events from our shared experience Published Nov. 10, 1961, Joseph Heller’s antiwar novel Catch-22 over the years spawns a catchphrase for paradoxical futility. Alan Arkin, Martin Balsam, Richard Benjamin and Art Garfunkel star in a 1970 movie version. Carl Stokes becomes the first black mayor of a major American city when he takes the reins in Cleveland on Nov. 13, 1967. After two terms, he becomes New York City’s first African American TV news anchorman in 1972. >> 10 Essential Boomer Books On Nov. 10, …

Stand Guard Against Veterans Scams

As we honor our former military personnel, Veterans Day is also a good time to recognize the year-round attempts to defraud them and to take advantage of those who appreciate their sacrifice and service. In some scams, veterans are specifically targeted. In others, fraudsters impersonate active-duty or former soldiers or claim to be working on their behalf to con patriotic civilians. A rundown of common schemes: Charity scams: Bogus charities that claim to benefit veterans are also among the most successful schemes, …

Your Biggest Gripe: Debt Collectors!

The Consumer Financial Protection Bureau gets more complaints from older Americans about debt collectors than any other issue. According to a report released Wednesday by the CFPB’s Office of Older Americans, the agency received 8,700 debt collection complaints in the past 15 months. Consumers complained that debt collectors: – Try to collect the debts of dead relatives — even years after the estate has been settled. – Threaten to garnish Social Security and other federal benefits, which they can’t legally do. – Attempt …