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Business scene changes as clients age

Business scene changes as clients age

The aging of America has had many impacts, especially on businesses. Local entrepreneurs have had to adapt their products and services to retain and expand their market share as their clients age. “It’s weird — I think the whole market is changing,” said Johnny Nolan, who owns two popular eateries in Colorado Springs, SouthSide Johnny’s… Continue Reading Business scene changes as clients age

Lane Center provides care, peace of mind

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Lane Center provides care, peace of mind

One’s physical and mental health are inseparable. That, according to Mike Kenny, a clinical psychologist and director of the Aging Center located in the University of Colorado Colorado Springs campus’ Lane Center for Academic Health Sciences. Kenny said the two become more intertwined as we age, but often support systems exist only for the physical… Continue Reading Lane Center provides care, peace of mind

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Financial advice for aging Baby Boomers

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Financial advice for aging Baby Boomers

The most difficult aspect of wealth management at retirement age relates to talking to the next generation about the money. “It’s the second hardest conversation you’ll have with your kids,” said Jerry Webman, Ph.D., chief economist with OppenheimerFunds Inc. The conversation will ultimately touch on who in the family to trust, who not to trust,… Continue Reading Financial advice for aging Baby Boomers

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UCCS receives federal graduate student training grant

The University of Colorado Colorado Springs Department of Psychology recently received a two-year, $325,000 graduate psychology education grant from the U.S. Department of Health and Human Services, Health Resources and Services Administration. The grant will be used to prepare doctoral students in the clinical psychology program to deliver mental health services to older adults within… Continue Reading UCCS receives federal graduate student training grant

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Penrose plan to close gym sparks protest

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Penrose-St. Francis Health Services is closing their health learning center gym, which provides exercise services to senior citizens who are undergoing rehabilitation after heart attacks or strokes or who suffer from chronic illnesses like diabetes. It’s the only medically supervised gym of its kind in the state.  And the 450 clients are so upset about… Continue Reading Penrose plan to close gym sparks protest

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Cuts to Social Security and Medicare could increase poverty among older people in Colorado. According to the Kaiser Family Foundation, 15 percent of people over the age of 65 have incomes below the supplemental poverty level and 7 percent living in below the official Federal poverty threshold. Supplemental poverty levels take into account expenses like… Continue Reading Medicare, Social Security cuts could increase poverty levels

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Boomers selling businesses — a hot trend

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Business analysts believe the retirement rate of Baby Boomers will leave a glut in the businesses-for-sale market. The fourth-quarter Market Pulse survey from the International Business Brokers Association and M&A Source found that Baby Boomer retirement was the top reason respondents decided to sell. It was the first quarter in history that Boomer retirement topped… Continue Reading Boomers selling businesses — a hot trend

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Cemetery world isn’t as peaceful these days

“How are things over at the city of the dead?” a reporter recently asked Will DeBoer, who manages Colorado Springs’ city cemetery enterprise. “Quiet and peaceful,” replied DeBoer, giving a good-natured response to a quip that he’s heard hundreds of times. In fact, things are not entirely peaceful at the cemeteries. Like any business, the… Continue Reading Cemetery world isn’t as peaceful these days

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The country is on the verge of a brave new Boomer-consumer world, and economists and marketing experts are working overtime trying to predict the next big buying pattern. Continue Reading Boomers will change consumer patterns — they always have

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Laurel Ledford cares for her 75-year-old father in her home. At times, it has been overwhelming trying to find a doctor and services, she says. A search for information can take hours a day, she adds. This week, the Pikes Peak Area Council of Governments Area Agency on Aging launched a Network of Care Seniors… Continue Reading One-stop site helps Boomers care for elderly parents

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