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7/23/2014 - Seniors Share Homes for Cost Saving, Companionship
by mbeals on July 24, 2014 4:26 pm
It’s not exactly “The Golden Girls,” but for Marcia Rosenfeld, it’ll do. Rosenfeld is among thousands of aging Americans taking part in home-sharing programs around the country that allow seniors to stay in their homes and save money while getting some much-needed companionship. Read the full article at ABC News.
7/22/2014 - A 401(k) for All
by mbeals on July 23, 2014 5:47 pm
One compelling way to turn the ongoing national discussion on wealth inequality into a tangible policy to help Americans increase their wealth and savings would be to fix what I have long called our “upside-down” tax incentive system for retirement savings. Read the full article at The New York Times.
7/22/2014 - Shifting generations may explain slow wage growth
by admin on July 22, 2014 8:43 pm
Federal Reserve Chairwoman Janet Yellen‘s focus on wages to help gauge the strength of the job market could need fine tuning as Baby Boomers approach the twilight of their careers and Millennials jump in to fill the void. Read the full article at The San Francisco Chronicle.
7/22/2014 - When couples disagree on when to retire (USA Today)
by mbeals on July 22, 2014 6:37 pm
Los Angeles psychologist James Gottfurcht has worked with people facing this dilemma including a couple in their mid-50s who came up with a clever resolution. Read the full article at USA Today.
7/22/2014 - How Much Will You Need to Retire?
by admin on July 22, 2014 12:13 pm
The classic idea of retirement is a life of uninterrupted leisure is evolving. With people living longer, they’re more active in the early years of retirement, and many choose to focus this energy on a retirement lifestyle that’s much different than the stereotype. In this kind of retirement, people may do volunteer work, start a… Read more 7/22/2014 - How Much Will You Need to Retire?
7/19/2014 - More baby boomers try their luck as entrepreneurs with start-ups
by mbeals on July 21, 2014 10:52 pm
Despite the challenges, baby boomers are taking over a growing share of business start-ups, even as overall rates of entrepreneurship decline. Read the full article at the Star Tribune.
7/19/2014 - The Future of Robot Caregivers
by mbeals on July 21, 2014 10:51 pm
Like most older adults, she doesn’t want to be “locked up in one of those homes.” What she needs is someone who is always there, who can help with everyday tasks, who will listen and smile. What she needs is a robot caregiver. Read the full article at The New York Times.
7/21/2014 - Yellen Wage Gauges Blurred by Boomer-Millennial Shift
by admin on July 21, 2014 8:39 pm
As today’s middle-aged Americans grow older, they are leaving their prime working years behind, trading big salaries for part-time gigs or retirement, just as an even larger group of young people come into the labor force at entry-level salaries. The seismic shift may be one reason behind the sub-par wage growth that Yellen says still shows “significant… Read more 7/21/2014 - Yellen Wage Gauges Blurred by Boomer-Millennial Shift
7/18/2014 - Bull market sends 401(k)s soaring to record highs (USA Today)
by mbeals on July 21, 2014 6:50 pm
The bull market has sent 401(k) retirement plan balances soaring to record highs, according to an analysis by Fidelity Investments released today. Read the full article at USA Today.
7/18/2014 - Learning to Make Work More Like Summer Camp
by admin on July 18, 2014 8:44 pm
As baby boomers redefine retirement and puzzle about how to stretch their nest eggs, they are negotiating the boundaries between work and leisure. In a 2013 study conducted by Merrill Lynch and the consulting firm Age Wave, 70 percent of preretirees said they wanted to work after retirement but most were “seeking flexible work arrangements… Read more 7/18/2014 - Learning to Make Work More Like Summer Camp
