Dating for the over sixties
*** American aristocracy ruled that a lady's name should appear in the papers only three times: when she was born, when she married, and when she died. As well as publicising her appearances in underground movies, her numerous committals for mental illness and drug addiction were widely reported.
She met her future husband - a fellow patient - in the psychiatric wing of the hospital where she was born. Her distinguished New England lineage (a Sedgwick was Speaker of the House of Representatives under George Washington, another edited the Atlantic Monthly for a generation) was also distinguished by hereditary madness, as far back as the Speaker's wife.
Strained by the rising cost of living, almost a fifth of UK workers in their fifties and sixties are unable to save anything for retirement, new research has revealed.
Insurance company Aviva in a report published on Thursday found that a total of 43 per cent of those aged 50 to 59, and 38 per cent of those aged 60 to 69, describe themselves as either “occasional” or “absent” savers, meaning that they save infrequently or on an ad-hoc basis, with no clear savings goal.
On the last evening of her life, in 1971, she appeared on television, and then went home to die of an overdose of barbiturates. Edie's father (whose own father had moved his family to southern California) had two nervous breakdowns soon after leaving university, and his wife was told by her doctors that she must never have children.
But the rich do not like being told what to do, and the Sedgwicks were rich-rich (not only had Edie's family inherited millions; oil was discovered on their property, enough to sink 17 wells).
Mrs Sedgwick defied doctors and fate and had eight children, two of whom died before Edie - one hanged himself, the other rode his motorcycle into a bus.
“It is worrying to see so many of the UK’s older workers in the dark over how much they need to save to afford a comfortable retirement,” said Lindsey Rix, managing director for savings and retirement at Aviva.A spike in inflation triggered by a fall in the value of the pound since last year’s Brexit vote has made saving trickier across a range of demographics. Data on Wednesday showed that weekly earnings across the UK grew at an annual rate of 2.5 per cent in the three months to October, up on last month’s figure but still significantly below the latest inflation reading of 3.1 per cent, which is near a six-year high."Her fog, her amphetamine, and her pearls..." With three nouns, in "Just Like a Woman" (said to have been inspired by her), Bob Dylan deftly summed up his friend Edie Sedgwick, the wayward princess of Andy Warhol's multimedia Factory.“For many older workers supporting family members including children and parents, saving for retirement can all too easily take a back seat in terms of financial priorities,” she added.Aviva calculated that around 42 per cent of older workers had not yet worked out how much money they would need in retirement.
Her stick figure, huge eyes and chopped-off hair suited the style of the early Sixties - Jean Seberg in the movies, Twiggy in the glossies- and Edie was, briefly, on the fashion pages.