Most of the talk about a retirement crisis in America deals with a shortfall in retirement savings. But what’s not talked about as much — but ought to be — is the growing amount of debt that many people in retirement have, particularly compared to reti… Continue reading
One of the biggest concerns Americans face nearing retirement: Will I run out of money? That’s why some people consider buying tax-deferred annuities —contracts where you plunk down a big chunk of money and an insurer guarantees to pay you back a set a… Continue reading
A growing number of Americans age 65 and older are shunning traditional retirement and continuing to work, part-time or full-time. And 37% of employees say they expect to work past 70, according to a 2018 Willis Towers Watson survey. While more employe… Continue reading
Once you turn 62, if you own a home, you’re generally eligible to get what’s known as a reverse mortgage — a way to tap your home equity and age in place without making mortgage payments. But should you? That question is debated on the new Friends Talk… Continue reading
One of the most vexing questions many of us face once we hit our 60s is: Where should we live as we get older? I’m not talking about those “Best Places to Live” rankings. I mean what kind of home, and type of community, would be most suitable. That’s w… Continue reading
Part of the Vitality Arts Special Report Have you ever thought about what it means to plan your freedom? Director and playwright Rick Shiomi surprised himself when he considered what “retirement” might look like for him. Look for additional episodes of… Continue reading
Since launching my company’s investment advisory service for retirees, True Link Financial, my colleagues and I have spent a lot of time talking to people about their financial plans. Here are five of the most common mistakes we’ve seen and how retiree… Continue reading
One problem with those often depressing online calculators telling you how much you need to save for retirement is that they assume the traditional definition of retirement. You know, the one that figures you’ll stop working at 65 or so, full-stop. As … Continue reading
When Ruth Brod retired from her job as a probation officer in 2004, she and her retired husband, Al, decided to sell their 1,600-square-foot house in New Hyde Park, N.Y. and move into a 2,800-square-foot house in Delray Beach, Fla. Having ample room to… Continue reading
When Ruth Brod retired from her job as a probation officer in 2004, she and her retired husband, Al, decided to sell their 1,600-square-foot house in New Hyde Park, N.Y. and move into a 2,800-square-foot house in Delray Beach, Fla. Having ample room to… Continue reading