Better Not Count On That Inheritance

It's a thought many of us have had. When Mom and Dad finally pass away, as everyone does, the money we inherit will come in pretty handy.

Don't count on it, say the experts. What you get, if anything, will probably be a lot less than you think. A study by AARP's Public Policy Institute shows that the safest bet you can make is to consider yourself on your own financially and manage your money accordingly.

Retired parents are living longer and spending more. At age 65, they can reasonably expect to live another 20 years. And many intend to treat themselves to such luxuries as travel, new cars, and gourmet dining.

As people age, they will pay more for health care. Medicare doesn't cover dental expenses, and any long-term care they need can quickly gobble up assets.

Add to that the fact that many are still feeling the effects of the stock market slump and have less money to pass on. They aren't helped in rebuilding by the low interest rates being paid on savings.

Personal finance advisors say if you want to make your future secure, you need to do three things: save, save, and save.

This Week's Bipolar News

Credit Card Consolidation Speeds Freedom from Debt from Bipolar Disorder
by David Oliver
There's no question that many people dealing with bipolar disorder have unfortunately developed a tremendous amount of debt.

A patient's view of bipolar
Minnesota Public Radio
After being diagnosed with the most severe form of bipolar disorder, Marya Hornbacher chronicles her journey to accepting and managing her mental life.

Mother's mental illness diagnosed a decade ago
Las Vegas Review-Journal
Sherri Love has a history of mental illness dating back more than a decade. The 47-year-old, on trial in District Court on charges she fatally stabbed her 7-year-old daughter, tried to kill herself multiple times and was diagnosed as bipolar, authorities said.

Click here for all Bipolar News.

Don't be a Victim of Pharmacy Errors

CNN Medical News published a story about a woman who was pregnant and filled a prescription for prenatal vitamins at her local Walgreens in St. Louis, Missouri.

Unfortunately, this woman miscarried within a few weeks of taking the drug. Later, she learned that instead of being given a prescription for her prenatal vitamins (Materna), she had instead been given Matulane, which is a chemotherapy drug used to treat Hodgkin's disease, according to a lawsuit filed this month in federal court.

According to the lawsuit, the drug (Matulane) is intended to interfere with cell growth and DNA development.

According to the National Patient Safety Foundation, each year in the United States there are 30 million dispensing errors out of 3 billion prescriptions which occur at outpatient pharmacies. Some errors are minor, and some patients catch them easily; however, other errors can be serious.

Click here to read the entire article.

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