With 76 million baby boomers getting old, businesses have great opportunities to serve them.
Stories in the media that sympathize with people who made bad retirement planning decisions don’t encourage better behavior.
Is working in retirement the new normal?
At the top of the list is the joy of continuing to work. It’s simple. When you work, you get a paycheck, and having money flowing in steadily makes everything easier.
Nearly two-thirds (64 percent) of boomers expect to work after retirement to supplement their incomes.
I’m not sure whether this is good retirement planning news — or bad. The employment website CareerBuilder.com commissioned a study of workers age 60 and older and learned that 57 percent of them plan to look for a new job after they retire from their current company. About 11 percent said they didn’t think they
This winter, my 65-year-old accountant husband is working at our Florida condo one week and flying back to Detroit to work in the office the next. We’ve always made spending the winter in the warmth part of our retirement planning. But now that we are actually implementing the plan, my husband hates it. The weeks
Whenever my husband speaks about fully retiring, he brings up the name of an old friend who hung up his work boots when he turned 65 — without doing an ounce of retirement planning. This man had spent the last 30 years of his life as a top-level corporate executive, working constantly. He retired with
I like this retirement planning survey from insurance company The Hartford. It surveyed people living in retirement and found that people who had made the leap were glad they did. Some 77 percent said, “I am happier now that I am retired.” About 42 percent wish they had retired sooner. Twenty-two percent say they are
Starting a third career in your 60s is a daunting prospect. But Merilee Griffin, a former high school English and social studies teacher in Lansing, Mich., has practice. She took early retirement from the public school system and went into the public relations business, then she returned to Michigan State to earn a Ph.D. Her