Is 80 the new 65? That seems to be the question on everyone’s mind. In a CBS News piece, financial contributor Carmen Wong Ulrich discussed startling new poll results concerning baby bombers and retirement. The poll, commissioned by the Associated Press and LifeGoesStrong.com, revealed that 73 percent of baby boomers plan to work past the [...]
The NBC Nightly News, on Monday, examined how the economy is affecting retirement. In the segment, NBC discusses that single women of the boomer generation are the most unprepared for retirement. Check out their interesting take below: Visit msnbc.com for breaking news, world news, and news about the economy
In its “Ask the Expert” series, CNN Money’s expert Walter Updegrave has a great primer on annuities, what they are and how they work. In short, he says annuities are beneficial because they provide guaranteed income for the rest of your life. Check out the video below.
The reasons vary – the 2008 collapse of the stock market, caring for an ailing parent, the bad housing market – but more and more the result is the same: Americans are delaying retirement. In fact, the Wall Street Journal reports, “more than three in five U.S. workers in their 50s and 60s plan on [...]
How do your plans to make your money last in retirement fit in with when you will actually retire? Well, as ABC News reported yesterday, there is a new and emerging movement that is giving a number of baby boomers the ability to work fewer hours per week but longer into their careers. They are [...]
