While individual retirees are probably as different as snowflakes, a deep dive into the demographic statistics of retirement shows that broader trends are shaping how retirees seek to enjoy the luxury of time — trends that confirm some popular assumptions about retirement while contradicting others.
Read the full article at The New York Times.
As many as 5.1 million Americans have Alzheimer’s, according to the National Institute on Aging. Unless the disease can be effectively treated or prevented, that number will rise with the aging population. The institute estimates that the number of people with Alzheimer’s doubles every five years after age 65.
Read the full article at CNBC.
Lately, we’ve heard a lot in the news about a potential retirement crisis in this country. People just aren’t saving enough. So that begs the question: How much are you supposed to save?
Read the full article at CBS MoneyWatch.
Years ago, the magic number for a retirement savings goal was $1 million. In the last several decades though, a more realistic goal may be $500,000.
Read the full article at MarketWatch.
Great hospitals! Good public transportation! Booming economy! The best small city for seniors looking to age well is … Sioux Falls, South Dakota?
Read the full article at PBS News Hour.
During the worst of the Great Recession, some companies stopped offering retirement plans to their employees; at the same time, many savers who had such plans stopped contributing to them, as they struggled with financial pressures like a spouse’s unemployment. But a new study from the Employee Benefit Research Institute, a non-partisan think tank, suggests that both of those trends may be reversing.
Read the full article at MarketWatch.
Enrolled in Medicare and want to join the ground war against fraud? All you need now is a pen and a pair of reading glasses.
Read the full article at Reuters.
Without a plan for retirement, many people say they just plan to “wing it.” Surveys show many workers feel overwhelmed by day-to-day financial pressures, worried about paying monthly expenses and job security.
Read the full article at CNBC.
One of the most important and complex retirement planning decisions you’ll make is how to generate reliable, lifetime retirement income from your IRA, 401(k), and retirement savings. This post suggests a methodical approach for sorting out which retirement income generator (RIG) or combination of RIGs might work best for you.
Read the full article at CBS MoneyWatch.
If you’re thinking about working part-time during retirement, you’ve likely heard that finding good, flexible jobs with benefits like health insurance, dental coverage and 401(k)s isn’t easy.
That’s true. But what’s also true is that some part-time, semi-retirement positions come with other types of benefits that are terrific and often fun.
Read the full article at Forbes.