Our friend Jeff Williams of Bizstarters is taking his act on the road, with a series of “Ultimate Boomer Business Start-Up Workshops” in New York, Chicago and Boston this June. “We’ve learned from working with hundreds of Boomer entrepreneurs that many just want to run their business part-time and so are looking for a quick, [...] [read full article…]
Ever feel like you’re on your own when it comes to planning for retirement? Over the last few decades, much of the responsibility-and risk-of on-the-job retirement investing has shifted to employees. Fewer workers have traditional defined benefit pensions. And while many employees still have defined contribution plans, such as matching 401(k) plans, they handle their own [...] [read full article…]
Do we really become more set in our ways as we age? Not according to a recent SecurePath by Transamerica survey. The C.U.R.E. Retirement Study (change, uncertainty, risk and retirement education) probed the attitudes of pre-retirees about how they deal with factors outside their control, such as the economy. The survey responses seem to contradict [...] [read full article…]
When the going gets tough, the older employees get going-often with a voluntary buyout package in tow. The economy is in its worst shape since the recession of 2001, and that has employers in the mood to cut jobs. Employers eliminated jobs at an accelerating rate through the first three months of the year, and the [...] [read full article…]
The British Association for the Advancement of Science (BA) wants your Beatles memories. Working with scientists at the University of Leeds, the BA is running an online survey aimed at creting the world’s largest database of “autobiographical memories” every undertaken. The timing: 44 years ago this month, the Beatles occupied the top five positions on [...] [read full article…]
“In the era of an aging population, memory is the new sex.” –New York Times columnist David Brooks on The Great Forgetting. [read full article…]
The income gender gap is well known. But did you know that the economic gap between men and women spills over into retirement?The largest segment of Americans living in poverty is elderly women. The gender gap in retirement income security is appallingly high, for several reasons. First, women earn about a third less than men make [...] [read full article…]
Americans’ confidence about their ability to retire comfortably has fallen sharply and stands at the lowest level in seven years, according to survey research released today by the Employee Benefit Research Institute (EBRI). The percentage of individuals highly confident about their retirement outlook dropped from 27 percent to 18 percent, according to EBRI. Other key findings: Health [...] [read full article…]
RetirementRevised.com is the companion website of Retire Smart, a column written by Mark Miller that appears in more than 30 newspapers each week. For millions of Baby Boomers, retirement is an opportunity for reinvention, rather than taking it easy. Mark is helping write the playbook for the new career and personal pursuits of a generation.
