Retiring Early? Find a Hobby
In 1935, at the height of the Depression, the last thing the government wanted to do was encourage older Americans to keep working. With unemployment at 20 percent, no one wanted seniors staying in...
View ArticleBoom Without End
The mass retirement of the baby boom generation is fast approaching, and it seems like a looming nightmare: 76 million Americans transformed overnight into legions of the elderly, swathed in robes and...
View ArticleStates Applaud ‘Encore Careers’
Forget what F. Scott Fitzgerald said about there being no second acts in American lives. Today, millions of older Americans are into their third acts. Social scientists used to separate adult life into...
View ArticleRetirement Saving: To Nudge or to Shove?
When The Associated Press recently profiled 80-year-old stripper Tempest Storm, the aged burlesque queen became an instant symbol — depending on one’s point of view — of female empowerment, graceful...
View ArticleMemorable Stories of 2008
It was about the third or fourth time I heard the compliment that I noticed the barb. “I was on your Web site this morning and was I surprised. The stories were really good. I mean that — really good.”...
View ArticleSocial Security: Where Do We Go From Here?
Miller-McCune.com presented a three-part look at what’s ailing Social Security in February 2008. This is the third of those three parts. Read part I here and part II here. It’s not every day you hear...
View ArticleActuaries Insist We’ve Got to Retire Later
Mention fixing Social Security — projected by various accounts to be insolvent within a decade or three — and politicians of all stripes begin to lose their cool. George W. Bush’s domestic agenda in...
View ArticlePerhaps Americans Should Start Saving Like Africans
Last week we outlined five reasons why it’s so hard for Americans to save, predicated on the unhappy fact that most in the United States are not saving enough for retirement. Postponing gratification...
View ArticleWhat Are New Retirees Most Concerned About?
Health problems and the cost of health care are the biggest concerns for those entering retirement, according to a study released on Monday from Bank of America Corp’s Merrill Lynch. The findings, part...
View ArticleDetroit Is Bankrupt: What Now?
Detroit is bankrupt—officially. Indeed, as Judge Steven Rhodes of the United States Bankruptcy Court said earlier today, the city “could have and should have filed for bankruptcy long before it did,...
View ArticleMaking Art Boosts Seniors’ Psychological Resilience
If you’re approaching retirement, you’ll be facing some difficult issues, even if your finances are in order. Fundamental concerns inevitably arise, including “What shall I do with my time?” and “How...
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