Nowadays, many retirees (or soon to be retirees) want to work to some degree in their retirement years. These so-called “bridge jobs” can serve many purposes, such as the need for income, the social aspects of a workplace, or perhaps … Continue reading
As you approach retirement, if you’re like many soon-to-be retirees mentioned in various surveys, you have a big question to answer: how will you convert your retirement savings into lifetime income? In other words, you’re transitioning from the “savings phase” … Continue reading
As a young person, all work and no play makes Jack a dull boy. In retirement, all play and no work makes Jack a bored old man. A variety of activities in retirement, including work of some sort, is still … Continue reading
Retirement Planning: Live For Today, Save For Tomorrow – AARP The Magazine. A great article on maximizing retirement readiness by Carla Fried, with a short quote on page 3 from yours truly!
The concept of “social capital” is gaining momentum as we enter the second decade in the 21st century. It boils down to the idea that the work you do should be meaningful to you and (hopefully) to society. The idea … Continue reading
Why do you suppose older athletes like Brett Favre, Michael Jordan, Tom Watson, etc. keep playing? For the money? Maybe; more likely–for the satisfaction from their work. How will you define your great retirement?
There are a couple easy rules to understand about when to retire from wage-earning work. The earlier you retire from work (the younger the age), the more money you must have saved up by that point in time. The longer … Continue reading
Based on a recent study from the Nyhart consulting group in Indianapolis, 73 is the new 65. Whereas we typically think of 65 as a common retirement age, 401k savers studied in this report won’t be able to afford to … Continue reading
Egypt is not the only place of turmoil now with a big river flowing through it. Denial is every bit as powerful here in the U.S., and no place is it flowing stronger than in our retirement plans. EBRI, which … Continue reading
