Tag: retirement

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Medicare Part D, passed in 2003, has significantly reduced seniors’ spending on prescription drugs. But the coverage hasn’t protected Leslie Ross from near calamity. The 72-year-old diabetic needs insulin to stay alive. The prices of these drugs have skyrocketed, forcing her to supplement her long-lasting insulin, Lantus, with more frequent use of a less-expensive insulin…

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A new study lays out all the difficulties older workers have holding onto a job so they can retire on their own terms – even when the economy is doing well. Over the past quarter of a century, more than half of the older Americans who had been employed in stable jobs have been pushed…