Category: Financial -Landing 2013
9/11/2013 - Will Americans continue to work longer? (MarketWatch)
by mbeals on September 12, 2013 5:00 pm
A recent study by Gary Burtless of the Brookings Institution has caused me to worry. Burtless explored the extent to which the increased educational attainment of older workers – both absolutely and relative to the attainment of prime-age workers – could explain their greater labor force participation. Read the full article at MarketWatch.
9/10/2013 - Lessons from a life well lived (MoneyWatch)
by mbeals on September 12, 2013 4:57 pm
My 92-year-old mother died recently at home, surrounded by her three children, their spouses and two grandchildren. Her life and death provide profound life lessons that I want to share here and in my next post. Read the full article at CBS MoneyWatch.
9/9/2013 - Retiree Start-Ups With Age and Youth as Partners (New York Times)
by mbeals on September 12, 2013 4:54 pm
MICHAEL LOWE was bored with retirement. Luckily, he had a good rapport with his son-in-law, John Uselton, now 40, a fellow enthusiast of home brewing, wine collecting and spirits — with whom he found he could start a business. Their mutual passion for craft distilling eventually grew into New Columbia Distillers, the first microdistillery in… Read more 9/9/2013 - Retiree Start-Ups With Age and Youth as Partners (New York Times)
9/9/213 - Retiree Start-Ups With Age and Youth as Partners (New York Times)
by borges on September 10, 2013 6:30 pm
Michael Lowe was bored with retirement. He was doing yoga five times a week and reading voraciously after leaving the work force in 2008. He had enjoyed a three-decade legal career, most of it spent as a corporate lawyer for Verizon. The hitch was that his wife, Melissa Kroning, 61, registrar of the Smithsonian American… Read more 9/9/213 - Retiree Start-Ups With Age and Youth as Partners (New York Times)
9/9/2013 - At Leisure, or Still at Work (New York Times)
by borges on September 10, 2013 5:16 pm
Stephen Nathan’s wife persuaded him to retire at age 62, telling him it was too much — and too risky — for him to continue driving 60 miles each way to and from his job in upstate New York. But ever since Mr. Nathan retired from his position as director of human resources at Hobart… Read more 9/9/2013 - At Leisure, or Still at Work (New York Times)
9/7/2013 - A Dearth of Investment in Young Workers (New York Times)
by borges on September 9, 2013 5:48 pm
One of the most troubling features of the slow economic recovery is that it has largely bypassed young people. This doesn’t bode well for the future of the American economy. For Americans aged 16 to 24 who aren’t enrolled in school, the employment picture is grim. Only 36 percent are working full time, down 10… Read more 9/7/2013 - A Dearth of Investment in Young Workers (New York Times)
9/6/2013 - Three reasons the U.S. labor force keeps shrinking (Washington Post)
by borges on September 9, 2013 3:46 pm
The U.S. labor force keeps shrinking rapidly. Back in 2007, 66 percent of Americans had a job or were actively seeking work. Today, that number is at 63.2 percent — the lowest level since 1978: Read the full article at the Washington Post.
9/6/2013 - The Old Are Working, but Not the Young (New York Times)
by borges on September 9, 2013 3:39 pm
This summer has seen a larger share of a certain group of people working than at any time in the last three decades, according to government figures. That group is older people. Read the full article at the New York Times.
9/5/2013 - Work, Forever: Why Interning at 60 Is the New Retirement Plan (Atlantic)
by mbeals on September 5, 2013 8:03 pm
A growing market for fellowships that targets older workers connects private-sector expertise with nonprofits in need of help. Read the full article at The Atlantic.
9/4/2013 - Annuities Find Favor With More Advisors (Financial Advisor)
by mbeals on September 5, 2013 6:07 pm
When it comes to financial planning, it’s difficult to find guarantees. Still, that’s exactly what lots of baby boomers are hoping for today. Those who witnessed their retirement nest eggs implode are still viewing annuities and the income guarantees they provide in a more favorable light. Read the full article at Financial Advisor.
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