Graduates: My Advice As You Set Out Into The World
Look at saving as making an investment in your future self. It’s self-care. You’re saving for “living,” not “retirement.” To me, that’s a better way to frame it, especially when retirement is a fuzzy concept at best.
Best Ways to Plan Your Retirement Annually
Assess when, how and if you plan to retire. Many of us want to keep working beyond a traditional retirement age for the mental engagement as well as the money. You might be thinking of retiring from a primary career and launching an encore one or even starting a business. Once a year, think through your plans.
4 Retirement Accounts for The Self-Employed
“The self-employed have an inspiring vision of aging and retirement,” Catherine Collinson, CEO and president of the nonprofit Transamerica Institute and Transamerica Center for Retirement Studies, told me. “Compared with employed workers, the idea of retirement isn’t as relevant, because they have far greater freedom to continue working — or retire — on their own terms.”
Shifting Gears to Retirement
Work with younger generations. The real fountain of youth is the fountain with youth, according to Marc Freedman, founder of Encore.org. Find ways to connect with younger generations through mentoring, tutoring or coaching.
What’s Next After Retirement
Many retirees do not have a plan. And for those who encounter retirement earlier than expected because of a health crisis or downsizing, facing the new reality can be rocky. Isolation and loneliness can emerge.
Retire to a Rich Life of Self-Employment
The Washington Post’s Color of Money Book Club pick: “It’s about fearlessly creating something new regardless of your age,” Hannon writes. “It’s scary. It’s risky. It’s hard work, and most entrepreneurs I have interviewed have told me that their only regret is that they didn’t do it sooner.”
Why Working in Retirement is a Reality
“It enables them to earn income, continue saving for retirement and bridge savings shortfalls — with more free time for personal pursuits,” says
Catherine Collinson, CEO and president of the nonprofit Transamerica Institute.
Women Facing Financial Challenges for Retirement
The barriers to accumulating wealth for women are daunting. Recommendations from a Senate hearing and a think tank briefing. The financial challenges women face to achieve financial security in retirement can be huge, as a Senate Special Committee on Aging hearing and an Employee Benefit Research Institute (EBRI) briefing last week demonstrated starkly. And with the […]
Consumer Reports Features Kerry’s Advice On Work And Retirement
How to Protect Your Retirement Portfolio in a Market Downturn. Make these moves now to safeguard your investments against volatility
The Best Way to Boomerang Back to Your Old Job
With a tight labor market and an unemployment rate floating around 3.7 percent, there are signs that some employers facing worker shortages are more willing to rehire their retirees or other former employees. Executive-level retirees have always been sought after to boomerang back to former employers as troubleshooters. What’s different today is that there are […]
