Medicare Celebrates a Half Century

Give Medicare and Medicaid an AARP card — they’re turning 50 this year. At a special program on Wednesday commemorating the upcoming 50th anniversary, experts spoke about how the two federal programs have transformed both the country’s health care system and the health of its older citizens. “Medicare has been a health care lifeline for millions of older Americans and must be strengthened for the future,” AARP President Jeannine English said at the conference, sponsored by the LBJ Presidential Library, …

AARP’s Superstar Challenge: 5 Finalists Standing!

With their eyes on the prize — $5,000 and a professional recording session at DMI Music & Media in Pasadena, Calif. — five potential Superstars are bound for AARP’s Life@50+ event in Miami on May 15. The singers, aged 50 to 85, hail from four states and Puerto Rico and boast a wide range of musical backgrounds. They are the elite of nearly 1,300 aspirants who submitted music videos to AARP. The finalists were chosen Tuesday night, during a lively …

Millennials Are Spending Less and Saving for a Rainy Day

While waiting in line last week at Starbucks, I realized that I was the only “guest” ordering black coffee — not a grande, no-foam macchiato concoction — and the only person using cash. The mostly millennial customers were flashing a smartphone app or swiping credit or debit cards. The way our adult children spend and save money is very different from their boomer parents. “I want it fast, and I want it now” is the millennial mantra when it comes …

Why You Should Consider a Roth Conversion

Soon we’ll be looking at tax day in the rearview mirror, which is the perfect time to plan for future tax consequences. One strategy that’s especially good for recent retirees is converting part of a traditional IRA to a Roth IRA. First, a little background. Generally speaking, when you contribute to a traditional IRA, you get a tax break immediately but your money is taxed as ordinary income when you take it out later to live on. A Roth is …

Aging Issues, Volunteerism Top Talks in Phoenix

“We have to start thinking about healthy aging starting at an early age,” Amy St. Peter, human services manager for the Maricopa Association of Governments, told attendees in Phoenix at the second of a series of five forums leading up to the White House Conference on Aging this summer. Experts on aging issues along with advocates and everyday older Americans gathered for the invitation-only confab to offer opinions and help set the agenda for the White House conference in Washington. …

Millennials Create Their Own Expressions of Religion

At Passover seders and in Christian churches this week, families will gather to observe the religious holidays. While some adult children will join in, many will do so out of a sense of obligation rather than practice. More than one-third of all millennials say they are “religiously unaffiliated” today, the highest percentage ever in Pew Research Center polling. It’s not just a rite of passage. Both Gen X and boomers were significantly more religiously affiliated as young adults. So why …