The Greatest Retirement Payoff: Working Longer
Delaying retirement and working a bit longer will boost your finances for your later year more than simply saving more and cutting expenses, per new study.
read more »Delaying retirement and working a bit longer will boost your finances for your later year more than simply saving more and cutting expenses, per new study.
read more »Owning and sharing a home with your friends may be an ideal option for some retirees. House-sharing may be unconventional but with advance planning to protect each person’s investment and lifestyle, it may help extend retirement budgets, cut expenses, and support companionship.
read more »Make retirement a smooth transition. Create a vision for your golden years, discuss your plans with your spouse and settle your finances to cover your costs for the next 2-3 decades.
read more »If you have recently inherited a large 401k, consider your options carefully before simply cashing out. Look into tax consequences of each and look into opportunities to continue growing the funds for your own retirement.
read more »A key to an emotionally happy retirement involves finding ways to spend your new freedom. Consider a hobby to give you a sense of purpose, meaning, and new social interactions to ward off boredom, loneliness and depression.
read more »Female respondents in a survey expressed greater excitement about retirement, compared to men. They see it as a liberating phase, with new opportunities to focus on themselves, develop new interest, and spend time with loved ones. Maintaining health during aging is also highly important to the women surveyed.
read more »Too much leisure time in retirement can lead to boredom and isolation. Consider volunteering to support a meaningful cause and to enrich yourself emotionally and physically during retirement.
read more »Moving to a small town for retirement may seem ideal, but it’s not always a good option. Drawbacks include distance from hospital and care facilities, isolation, limited opportunities for senior activities, and limited public transportation options.
read more »Thanks to rising healthcare costs, increasing lifespans, growing debt, stagnant wages and cuts to federal programs, senior bankruptcy filings are way up, a new report shows.
read more »A happy retirement takes work! Build a sold nest egg, take charge of your health, and develop strong social relationships to create a financially stable and emotionally rewarding retirement for decades.
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