Quick facts for the mature market

Commentary October 15, 2008 at 08:00 PM
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  1. Retirement preparation education is a high priority for some employers.
  2. The Harvard School of Public Health announced that elderly people with active social lives have a slower rate of memory decline.
  3. Forty-eight percent of retirees say they would continue to work if they could keep their pension. According to the Monthly Labor Review, the participation rate for men and women age 60+ has increased 32 percent from 1994 to 2004.
  4. Across the nation, older individuals are showing up in great numbers. The greatest numbers appear in La Paz County, Ariz., at 32 percent of the population being 65 years and older. Other states include Texas, Florida and Michigan.
  5. Twenty-six organizations collaborated to launch "Help Seniors Live Better, Longer: Prevent Brain Injury." The program is in response to the high rates of hospitalization and deaths related to traumatic brain injuries from falls.
  6. The economy is severely impacting the elderly. Of those surveyed, 70 percent are cutting back on transportation and food. Many retirees are now seeking employment to make ends meet. On the other hand, a vast majority are not delaying retirement.
  7. A two-wheeled robot called uBOT-5, created by scientists at The University of Massachusetts Amherst, is designed to aid the elderly. The robot can assist with grocery shopping, remind clients to take their medication and can send health information to emergency personnel. It is also equipped to remotely talk to family and physicians, via a webcam, microphone and display.
  8. A couple married 80 years, has been entered into the "Guinness Book of World Records," for being married longer than any living couple on earth. Clarence Vail, 101, and Mayme Vail, 99, have six children, 39 grandchildren, 101 great-grandchildren and 40 great-great-grandchildren.