By Jun Wang, Intern & UAB Community Health & Human Services Student
Title: Working Longer Cannot Solve the Retirement Income Crisis
Brief Description: One of the warning signs of the oncoming retirement crisis is how often people are told to work longer. You work longer if you have not been able to save enough or your savings are wiped out by any other expenses. Studies overestimated benefits of working that only 26 percent of people could maintain their pre-retirement standard of living if they retired at age 62. However, 72 percent could reach financial security if they waited until age 70 to retire. Due to COVID-19 pandemic, job loss exacerbates the retirement saving crisis that nearly 5 million workers age 55 to 70 lost their jobs in the recession resulting from the virus.
Title: Hispanic Older Adults at Greatest Risk of Poverty from COVID-19
Brief Description: The National Council on Aging (NCOA), a trusted national leader working to ensure that every person can age well, is warning that while the financial hardships created by the COVID-19 pandemic will impact the economic security of all older adults, it will disproportionately hurt Hispanics over age 60. The NCOA Senior Director, Research and Evaluation Dr. Susan Silberman says, “All groups over age 60 will experience significant decreases in total net wealth, but without question, the Hispanic population will experience the most dramatic declines.” Hispanic older adults are more vulnerable due to lower and non-growing household incomes and having multiple chronic conditions. Dr. Silberman says it is very important to maintain a strong social safety net and undertake policies that focus on narrowing financial disparities across racial and ethnic lines.
Title: 15 Lessons that Coronavirus Pandemic Has Taught Us
Brief Description: From the past year, our country has been going through a lot: a pandemic, an economic meltdown, and a political transition. AARP collected all the shared deeper lessons of the past year on older Americans. Here is what shared by the older Americans: Family matters more than we realized, Medical breakthroughs, Self-care matters, Be financially prepared, Age is just a number, Getting online for good, Working anywhere, Restoring trust, Gathering carefully, Isolation’s health toll, Getting outside, Wealth disparities’ toll, Preparing for the future, Tapping Telemedicine, and Cities are changing.
Title: Stages of Alzheimer’s
Brief Description: Alzheimer’s disease typically progresses slowly in three general stages: early (mild), middle (moderate), and late (severe). It affects people in different way and may experiencing the symptoms differently. The symptoms of Alzheimer’s disease worsen over time, although the rate at which the disease progresses varies. On average, a person with Alzheimer’s lives four to eight years after diagnosis, but can live as long as 20 years, depending on other factors. Changes in the brain related to Alzheimer’s begin years before any signs of the disease. This time period, which can last for years, is referred to as preclinical Alzheimer’s disease.
Link to resource: https://www.alz.org/alzheimers-dementia/stages