This author has yet to write their bio.Meanwhile lets just say that we are proud mbeals contributed a whooping 58 entries.
Many baby boomers want to keep working in some capacity after retirement. Whether the choice is theirs to make or they are forced to extend the length of their career, more and more people are building work into their retirement plans. Read the full article at U.S. News & World Report.
U.S. policymakers and employers dealing with a struggling retirement system might learn a few lessons from other countries, where tough choices and government mandates seem to working, according to several new reports. Read the full article at Pensions & Investments.
Obamacare is coming soon to millions of Americans, with open enrollment in the program’s state-run exchanges starting in October and many of the significant features going live January 1. And while it remains controversial, there are some practical, financial and retirement planning reasons to welcome the new health care law. Read the full article at […]
Should I retire? Impulsively, most of us want to answer with a resounding “YES!” You’ve had a long, exhausting career, and now it’s time to enjoy a little relaxation. When making the decision whether to retire, here are five of the biggest financial reasons you should wait. Read the full article at Market Watch.
A recent study by Gary Burtless of the Brookings Institution has caused me to worry. Burtless explored the extent to which the increased educational attainment of older workers – both absolutely and relative to the attainment of prime-age workers – could explain their greater labor force participation. Read the full article at MarketWatch.
My 92-year-old mother died recently at home, surrounded by her three children, their spouses and two grandchildren. Her life and death provide profound life lessons that I want to share here and in my next post. Read the full article at CBS MoneyWatch.
MICHAEL LOWE was bored with retirement. Luckily, he had a good rapport with his son-in-law, John Uselton, now 40, a fellow enthusiast of home brewing, wine collecting and spirits — with whom he found he could start a business. Their mutual passion for craft distilling eventually grew into New Columbia Distillers, the first microdistillery in […]
A growing market for fellowships that targets older workers connects private-sector expertise with nonprofits in need of help. Read the full article at The Atlantic.
When it comes to financial planning, it’s difficult to find guarantees. Still, that’s exactly what lots of baby boomers are hoping for today. Those who witnessed their retirement nest eggs implode are still viewing annuities and the income guarantees they provide in a more favorable light. Read the full article at Financial Advisor.
Earlier this year, the Department of Labor issued for comment an advanced notice of proposed rulemaking that would encourage the sponsors of 401(k) plans to project how much income a participant’s 401(k) balances would provide at retirement. Shifting the focus from stocks (401(k) balances) to flows (monthly income) will provide participants with a much better sense […]