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This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on February 3, 1992. The length of the article is 765 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

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A new report by renowned gerontologist Ken Dychtwald Ph.D. challenges the popular myth that ones current home is the best option to continue an active social life and stay connected during post retirement years.

The reality is that that remaining in your home can result in growing isolation and loneliness in later life, said Dychtwald, psychologist, gerontologist, best-selling author and CEO of Age Wave. Senior living options, like a continuing care retirement community (CCRC), offer opportunities to create new friendships and social connections.

Titled Five Myths and Realities of Continuing Care Retirement Communities, Age Waves report and supporting research were commissioned by Vi, a developer, owner and operator of older adult living communities. The document is available in its entirety at Vi Living.

According to the report, friendships and close social connections are an essential source of happiness, and people age 60 and over are most likely to cite living family and friends as extremely important to their happiness more important than money or even health.

Yet, the report says, it is not uncommon for people who stay in their current home during post retirement to find that their friends and family move away, and many can feel increasingly lonely or isolated in their current home. Studies show that having low social interaction is as bad for your health as smoking fifteen cigarettes a day, is as dangerous as being an alcoholic, is as harmful as never exercising, and is twice as dangerous as obesity.

According to the report, residents of CCRCs say that it is the opportunity to meet, learn from, and engage in new activities with positive, stimulating, like-minded people that can make life brighter and fuller.

Said one interviewee in the report: The No. 1 benefit is that youre surrounded by successful, interesting people. You have a pretty good chance of finding people who may make an impact on your life.

In addition, the report said, residents often describe the staff as an extended family, which, together with visits from family and opportunities to meet family members of other residents, helps to create a dynamic, multigenerational social environment.

CCRCs offer independent living with a combination of a private residence, services, amenities and care (for example, assisted living, memory support care and skilled nursing care).

About Vi

Vi, formerly Classic Residence by Hyatt, was founded in 1987 as a developer, owner and operator of older adult living communities. The company is dedicated to enriching the lives of older adults by providing high quality environments, services and care. Vi currently operates ten continuing care retirement communities (CCRCs) and one rental community under a family of brands nationwide. For more information about Vi communities, visit Vi Living.

About Age Wave

Founded in 1986, Age Wave is the nations foremost thought leader on population aging and its business, social, healthcare, financial, workforce and cultural implications. Under the leadership of Founder/CEO Dr. Ken Dychtwald, Age Wave has developed a unique understanding of the body, mind, hopes and demands of new generations of maturing consumers and workers and their expectations, attitudes, hopes, and fears regarding retirement.

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Reverb Networks, a developer of intelligent SON solutions designed to provide mobile network operators improved operational and spectral efficiencies, announced today the formation and appointment of four members to its advisory board. The advisory board will provide valuable perspective and counsel to the executive team at Reverb Networks in the areas of wireless network optimization, market trends and operations.

“We are very pleased to bring together these key thought leaders to establish the Reverb Advisory Board. They are all distinguished wireless industry professionals and greatly accomplished in the telecomm industry,” said Magnus Friberg, President and Chief Executive Officer at Reverb. “We are honored that they have agreed to serve on our advisory board; the members will bring us strategic guidance to help us further our SON offering and chart the future of our SON technology.

Biography of Bill Clift

Bill has over 36 years of experience in the telecommunications industry. In his 29 years at BellSouth, Bill held various positions in network operations and strategic planning, and served as Regional Vice President for Business Operations in Indiana and president of one of BellSouth Wireless divisions. When Cingular Wireless was formed as a joint venture between BellSouth and the then SBC, Bill was appointed as the Chief Technical Officer for the company. He held this position until his retirement in 2004. Since that time, Bill has held the position of North American Division President for WFI and CEO and President of Optimi, a creator of wireless engineering software products. Bill has served on the Boards of Mitec Telecom, Optimi, Oz Communications and Innopath and on the Wireless Advisory Board for Vantage Point Venture Partners. He currently serves on the Board of Directors for Sionic Mobile and on the Advisory Board for Star Voice.

Biography of Chris Burke

Chris has more than 29 years experience in the telecommunications, IT and technology industries in a career spanning Europe and North America. Chris has held both technical and general management responsibilities in the telecommunications segment with firms such as Bell Northern Research, Nortel, Research in Motion (RIM) and Vodafone. Chris spent 15 years with Bell Northern Research (R&D for Northern Telecom) and Nortel, holding a variety of roles working across North America, Europe and Asia. From 1997 to 2000 Chris was CTO at Energis Communications, as a member of the executive team.. From 2001 to 2004, Chris worked at Vodafone UK, as CTO, responsible for all their technology and product architecture, design, procurement, development, support and operations. After leaving Vodafone in 2004 Chris developed his own investment fund and advisory business, working with Ubiquity Software (chairman and investor), March Networks (Lead independent board director), Oz Communications (board) and, Dialog Semiconductor (board and investor. Presently Chris sits on the public company boards of Dialog Semiconductor (Frankfurt Exchange) and Tranzeo Wireless (LTE and Wifi Infra-structure, Toronto Exchange). Chris also sits on the boards of a number of venture and private equity backed companies.

Biography of Claes Beckman

Professor Claes Beckman, PhD, is a Senior Researcher at the Center for Wireless Systems, Wireless@KTH, in Stockholm, Sweden, which was created under his leadership in 2000. Dr. Beckman was a professor at the University of G

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The Law Firm of Tramont Guerra & Nunez, PA (TGN) announces the recent filing of a securities arbitration claim (FINRA Case No. 12-00286) on behalf of an elderly retired couple against RIM Securities, LLC and Bradford H. Blazar for investments made in Life Partners Life Settlement contracts. The arbitration claim filed by an elderly retired couple alleges that they were solicited by Bradford H. Blazar while under the supervision of RIM Securities, LLC to invest the entire balance of their IRA accounts into fractional interests in life settlement contracts purchased from a wholly owned subsidiary of Life Partner Holdings, Inc. The Claim alleges that there were sales practice violations with respect to the solicitation of the investments which included misrepresentations, failure to conduct adequate due diligence, securities concentration, failure to recommend suitable investments given the Claimants advanced ages and the need to make minimum required distributions from their IRA accounts.

According to TGN, Claimants financial advisor recommended investments in Life Partners Life Settlement contracts that were unsuitable investments for their IRA accounts. The Financial Industry Regulatory Authority, (FINRA) is a self regulating organization with sales practice rules and regulations that govern the securities industrys conduct and safeguard the investing public. According to TGN, full-service brokerage firms are obligated to give, and investors are entitled to rely upon, brokerage firms for competent, suitable investment advice for investments made in customer accounts. The failure to supervise brokers and their unsuitable investment advice, including fraudulent misrepresentations and omission of material facts are all causes of action that may be available to investors in an individual securities arbitration claim filed with FINRA.

The Securities Law Firm of Tramont Guerra & Nunez, PA, is a nationally recognized, Martindale Hubbell AV rated securities law firm. To request a confidential consultation from a TGN attorney to determine whether you have a viable individual securities arbitration claim for investment losses that exceed $ 250,000 from investments in Life Partners Life Settlement contracts, contact us on our website. To speak directly with an attorney, call (800) 578-0137 and ask for David Chacin, Esquire.

Destination URL http://www.lifepartnerslifesettlementlosses.com/press-releases/life-partners-arbitation-claim/


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Smriti Rao of Bloomberg UTV gets in conversation with Gaurav Mashruwala to solve caller queries.
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