Last week I phoned my mother to see how things were going and she reported that my father was up on a ladder, shoveling snow off the roof -- which is a dicey thing for anybody to do, but at the time my father was a few days shy of his 90th birthday.
It's become common knowledge that populations are rapidly aging across the world. Increasing longevity during the last century has contributed to unprecedented global economic growth--and new opportunities for personal fulfillment that previous generations could only dream of.
Many high-net-worth individuals are in that position because of a fiscally conservative lifestyle. Those who are able to self-insure may lack liquidity. Follow the steps that will help you avoid the long-term-care financial trap.
Last month, SeaWorld announced it was suing California authorities over a ban on breeding killer whales after a lawsuit claiming the marine park attraction deceived patrons was dismissed by a federal judge.
Population aging is spreading worldwide due to increasing longevity and declining birth rates, resulting in a relative reduction in the proportion of children and an increase in the proportion of older adults in the population.