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Retiring boomers driving sales of small businesses

NEW YORK — Baby boomers preparing for retirement are driving a surge in small-business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.

Why you need an advance health care directive

What kind of medical care would you want if you were too ill or injured to express your wishes? Without the ability to speak or write, or possibly even think clearly, how would you convey your wishes to your doctor or loved ones?

Sequestration affects everyone, including hungry seniors

Sequestration is now officially the law of the land, thanks to Congress approving a continuing resolution – that includes the “fiscal cliff” cuts – to fund the federal government through Sept. 30. What does it mean? Simple. Partisanship on both sides trumps doing what is best for the American people and, as a result, millions will suffer.

Starting your encore career – where to begin?

Last month, I wrote about Baby Boomers choosing their purpose-driven second careers later in life called the “Encore Career.” The concept stems from a book by Marc Freedman called “Encore: Finding Work That Matters in the Second Half of Life,” where he speaks to many examples of older adults changing careers later in life.

Men go under the knife to get ahead at work

A flurry of patients are waltzing into Dr. Scott Miller’s plastic surgery office, requesting a fresher look. They aren’t trophy wives, but rather an unlikely candidate that’s worried about their appearance: male technology executives.

Baby boomers are choosing purpose-driven second careers

In Marc Freedman’s book “Encore: Finding Work That Matters in the Second Half of Life,” he speaks to many examples of older adults changing careers later in life.

Is the 60/40 portfolio obsolete? 2 experts debate

BOSTON (AP) -- Is it time to retire the idea of a 60/40 portfolio? The strategy has been generally regarded as a good starting point for most investors.

Heart-block test could get Volcano, St. Jude $2 billion gain

Volcano Corp.’s test that shows which patients need heart stents could lead to a $2 billion market within a decade as more doctors use it to improve care, CEO Scott Huennekens said.

An open letter to Mayor Bob Filner

Dear Mayor Bob Filner,

For businesses, choosing right charity can be mutually beneficial

During the holidays, corporate giving can be essential to organizations and individuals who are in need, especially seniors and other at-risk groups during this time of year. Businesses, both large and small, use their resources to support those who may be less fortunate. This is not only beneficial to those receiving the help, but also can strengthen the dynamic internally in a business.

Baby boomers forgoing purchases blunt Bernanke stimulus

John Rodwick cuts corners so he has money to spend on his seven grandchildren and cruise around the Rocky Mountains with his wife, Jean, in their blue-trimmed Roadtrek motor home.

Boomers, your vote is important in the 2012 election

With the election just more than a week away, politicians and proposition committees are reaching out to voters age 50 and older to help seal their success on the November ballot. The 50 plus demographic, which includes millions of caregivers and their elderly parents, are intensely concerned about issues like Social Security and Medicare.

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Profiles

After 30 years, SCORE counselor still steering businesses, free of charge

In an economy that has produced many start-ups, as some people have sought to turn misfortune into opportunity, Arnold Jaffa, 82, isn't the least bit interested in letting go of what he considers to be a major part of himself -- a desire to help people succeed.

Founder instills entrepreneurial spirit into DavisReed Construction

Derek Davis, president and founder of DavisReed Construction, describes his company as fast-moving and adaptable, creative and quick thinking, with a more relaxed culture and an emphasis on the individual. If that sounds more like a startup than a general contractor with as much as $300 million in revenues, it’s by design.

Boomer Generation videos

Phillip Banks, Daniel Abbott on fiduciary services

Jan. 10, 2013 -- George Chamberlin speaks with Phillip Banks of Banks & Banks Fiduciary Services, and Daniel Abbott, a firm member with Seltzer Caplan McMahon Vitek, about the role of a fiduciary.

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