retirement
94 Year Old College Grad Proves It’s Never Too Late
It’s never too late to finish what you’ve started, Especially in Amy Craton’s case, even if it took her more than five decades to do it. 94-year-old Amy Craton, is a great-grandmother and just received her college degree, which she earned with a perfect 4.0 grade point average. She put her education on hold in 1962 to return to work and...Read More
A Huge Workforce Shift Is Happening Right Now
The number of Americans aged 65 or older without a disability that aren’t in the labor force rose by 800,000 in the fourth quarter of 2016, marking the exodus of the baby boomer generation from the work force and into retirement. Some newly retiring boomers had previously been incentivized to remain in their jobs by higher wages or by a need ...Read More
Your Next Roommate Could Be A Robot
The cost of senior living can be astronomical and as the baby boomer generation ages, finding affordable care in the comfort of their own homes turns to a necessity. To bring progress to this issue. IBM is working on a prototype of a robot that could become the official “robotic roommate.” Built with sensors that can detect anything fro...Read More
5 Books To Check Out On Retirement From Your Local Library
Retirement is always on the minds of those nearing it, and should be on the forefront of those in their early career years as well but rarely is. A recent news story indicated that baby boomers are retiring at a rate of 10,000 per day in the U.S. and that unless something is done with social security, the trust fund will be depleted by 2034. What h...Read More
Don’t Retire Just Yet- It’s Better For Your Health
We live longer than we have ever before, which means working more years than ever before too. Retirement age is getting older but still many of us rush into retirement. But working longer, and potentially not retiring at all, has proven to be better for your health. Professor Sally Davies, will be releasing a report on just that- staying in the wor...Read More
Baby Boomers May Face Financial Instability in Retirement
76 million baby boomers are heading into retirement. According to some estimates, they won’t have enough money to last throughout their lifetime. The National Institute on Retirement Security (NIRS) calculates that two-thirds of households age 55-64 have savings equal to less than their annual income. A third have no savings at all. The Employee Be...Read More
How Retirement Expectations Measured Up In 2016
There are about 76 million Baby Boomers in the United States, and more than 40 millionwho are already age 65 or older. As a generation, boomers have shaped and altered every life stage they’ve moved through, and their retirement years will be no exception. Baby boomers will retire at a rate of 10,000 per day through at least 2030, when almost 73 mi...Read More
Retirement Planning Tips For Entrepreneurs
Entrepreneurship is exciting, but entrepreneurs go without the luxury of company-driven retirement plans with matching contributions or strategic deposits. There’s also no one around to remind you that you should be planning for your financial future. Not knowing what your monthly income will look like also makes managing your finances and pl...Read More
Getting Back to the Gym: What You Need to Know
It’s time to get back to the gym. Evidence suggests that people who get and stay fit during middle age can better avoid chronic illnesses in their later years. Fitness centers are realizing the value of the fifty something patrons and adjusting their programs to appeal to those needs. Gym goers 55 and older are the fastest growing membership segmen...Read More
Retirement Transition: How to avoid the shock and retire with ease.
Some people make a smooth transition to retirement, jumping into their new lifestyles with energy, excitability and willingness, but others have more trouble adjusting. Most people assume that in retirement they have to go from working full time for 40 years to fully retiring cold turkey. Consider asking your company for a sliding retirement plan. ...Read More
Why Your Gender May Have An Effect On Your Retirement Savings
There is a significant gender gap that exists in financial wellness. Liz Davidson, CEO and founder of Financial Finesse, says “there is a 28 percent gap in the additional retirement savings needed to cover estimated retirement expenses primarily due to women’s greater life expectancy.” The increased likelihood of millennial women leaving the workfo...Read More
Eating On The Good China
When I was growing up, our “good” dishes came from dozens of soap boxes and from savings and loan incentive programs. Someone other than me must remember when banks wanted your business so much that they incentivized you with small appliances and china, right? My mother collected “Fields of Wheat” china. She also managed to have a set of Fields ...Read More