Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce.
Read the full article at National Public Radio.
It’s remarkably difficult to find an economist who thinks the spending cuts ripping through the budget since last Friday amount to a good idea.
Read the full article at The New York Times.
Baby Boomers are divorcing at a surprising rate, and that will have huge implications for their lives in retirement.
Read the full article at USA Today.
Are you saving enough for those Golden Years? If you believe most studies, the simple answer is probably no.
Read the full article at Forbes.
Two-fifths of the elderly spend more than they earn, often forcing them to dip into savings to pay bills, according to a new study.
Read the full article at Los Angeles Times.
Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce.
Read/listen to the full story at National Public Radio.
With household incomes under pressure from the recession, unemployment and tax increases, more than half of the world’s working population says they are not preparing adequately for a comfortable retirement, and nearly 20% is saving nothing at all.
Read the full article at CNN Money.
This story is part of Money magazine’s retirement special Dream big, act now: Six secrets of retirement, which lays out the key drivers of retirement happiness — including your investments, health, career, family, midlife changes and debt — and what you can do about them.
Healthy Living: Key to a Happy Retirement
“DNA isn’t your destiny,” says Laura Carstensen of the Stanford Center on Longevity. “Research shows a very small number of factors make a big difference.” Those probably won’t come as a surprise: whether you smoke, how much you drink, your weight, and your exercise routine (you’ve got one, right?).
Read more at CNN Money.
Pension spending is growing rapidly, but remains under 3 percent of gross domestic product — well under the levels in mature welfare states. (Social Security represents about 4.9 percent of G.D.P. in the United States.)
Because of its definition of affordability, beginning next year the Affordable Care Act may affect retirement savings.
Read the full article at The New York Times.