Abstract Almost one-third of American workers are failing to prepare themselves for a comfortable retirement, according to a new survey conducted by American Express. Lack of knowledge and expertise causes many Americans to make poor choices regarding their retirement options.
The paper shows that saving for retirement is a major challenge for millions of Americans today. With an abundance of retirement options, including tax-deferred retirement plans, 401(k)s and IRAs, investors are often confused about which option will make the most of their savings dollars. This paper provides a review of the fundamental of these powerful retirement options in an effort to provide future retirees with the information needed to start investing in their futures. The study examines three major retirement options"Social Security, 401 (k) plans and IRA Accounts"in an effort to determine whether one type of option is superior over another. This research is based on existing literature, collected from a variety of sources, as well as empirical research derived from the opinions of financial professionals. Basically, this paper reveals whether or not there is a single best retirement option or if different people require different types of investment.
The paper includes tables, graphs and illustrations.
Table of Contents
Chapter One"Introduction
Statement of the Problem
Purpose of the Study
Scope of the Study
Rationale of the Study
Definition of Terms
Overview of the Study
Chapter Two"Literature Review
Introduction
All About Social Security
About 401 (k) Plans
How a 401(k) Plan Works
About 401(k) Plans
Advantages of 401 (k) Plans
Maximizing the Potential of a 401 (k) Plan
About IRAs
The Benefits of an IRA
IRAs in a Nutshell
The Traditional IRA
The Roth IRA
Chapter Three"Methodology
Approach to Study
Data Gathering Method
Database of Study
Validity of Data
Originality and Limitations of Study
Chapter Four"Data Analysis
Chapter Five?Summary, Conclusions and Recommendations
From the Paper "Because Social Security provides benefits to millions of Americans, it is often perceived as a like a simple retirement savings account (National Center for Policy Analysis, 2003). Many believe that if they simply contribute through payroll deductions, they will get that money back at retirement. However, Social Security is a complex social program rather than a retirement plan. By design, Social Security involves massive subsidies from retirees, from single workers to married couples, from two-earner couples to one-earner couples, from high-income earners to low, and from those who die early to those who die late."
Abstract This paper defines Alzheimer's as a progressive, degenerative and irreversible brain disease that stifles the normal cognitive and functional abilities of the affected person. The paper studies the disease in a detail by analyzing the symptoms and the etiology along with the diagnostic approaches as well as the currently available treatment methods. In the process, the paper also includes a discussion of some other common forms of dementia and how AD can be differentiated from them.
From the Paper "The main cause for the disease is the destruction of the brain cells particularly in the cortex region. In the first stage of the disease the region in the cerebral cortex that is associated with memory is affected. Then as the disease progresses other regions in the cerebral cortex also undergo progressive deterioration leading to total impairment of functional and cognitive abilities. Though as in any other form of dementia syndrome memory loss is one of the chief and noticeable problems the effect of the disease extends to much more than memory loss and in most of the cases there is a total crippling of the brain functions thereby affecting the individuals ability to relate and respond appropriately to the outside world."
Tags: brain, symptom, diagnosis, memory, elderly, old, age
Abstract Depression is a very personal illness. The mental anguish of depression can be quite unimaginable to someone who has not experienced it. The purpose of this paper is to explore depression in older adults and what happens when the spouse of one older adult dies.
Abstract Due to the failure of nursing homes in providing adequate care to the elderly, a new industry has emerged in the United States, which is rapidly gaining popularity among caregivers and their aging loved ones. This industry is commonly known as Adult day care, which aims at providing socializing and medical services to the aging and ailing population of our country. The paper sheds light on the emergence of this industry and the reasons for its rapid growth, along with such subjects as rights of participants and the common features of a suitable adult day care program. The paper discusses cost-related issues associated with these programs in detail.
Abstract Medicaid, designed as health-resource for welfare recipients, has turned into a "cash-cow" for pharmaceutical corporations, state-organized hospital and care facilities, psychotherapists and other health care professionals and their affiliated corporations. The systematic abuse of Medicaid by professional health-based services has, in effect, worked to punish the very populations that Medicaid was designed to protect. As the population of aging Americans increases, nursing communities and community-care programs will be faced with severe financial difficulties as the Medicaid scandals continue to strain the available resources for health-based assistance.
Abstract Nutrition is an important aspect of gerontological nursing towards health promotion. This paper discusses various approaches to improving elders' nutrition in light of what can occur without adequate nutrition.
Abstract The topic of this study is Alzheimer's disease, especially issues related to the treatment of this particular disease. Alzheimer's disease is not only a chronic, debilitating and progressive disorder, but it is also one that is expected to escalate on account of the aging of the population. When one adds the fact that there currently is no cure for the disease, and that total care is required for people who are in the final stages, then one is left with perhaps one of the most significant health issues in our society. Also, the fact that care giving is such an important aspect of treatment, one is faced with the effects that are experienced by caregivers. This final point makes the topic of profound interest to the author on account of the author's own involvement in care giving.
Abstract The writer looks at what s/he would like to achieve and hope to have gained by this stage as well as his/her concerns. The paper includes issues such as material belongings, financial provisions, physical and mental conditions and the spiritual aspects of life and death. 7
Abstract This is a reaction paper based on an interview with a therapist in private practice who treats mostly elderly clients. It discusses record-keeping practices and professionalism, privacy, and the function of therapy for the elderly.
Abstract This is a review of a cognitive psychology article that found that older adults can accurately assess the side effects of their own medications -- something that tends to be dismissed by health professionals who do not believe that older adults have sufficient cognitive skills to make such assessments.
Abstract This paper addresses China's ever growing problem of over population. China's policies used to curb this problem are discussed. Another issue brought to light is China's overaging population and the negative effects that could result from this population instability.
Tags: ASIAN STUDIES / CHINA, chinese population policy
Abstract This paper examines the problem through the use of statistics and reports defining current cases of elder abuse, types of elder abuse and those most likely to perpetrate abuse.
Abstract This paper examines the situation that elderly Hispanic immigrants face in America. Issues such as language barriers, housing problems, medical insurance, financial problems and cultural adaptation are discussed.
Abstract This paper sheds light on the subject of symbolic language used by the dying people. It has been noticed that people on their deathbed often use terms, which highlights their awareness of their own death. The paper also focuses on process of death and dealing with the death of a loved one.
