Pollster John Zogby posed this question last summer to 4,000 Americans: “What will be the historic legacy of Baby Boomers?” The responses were startling. Forty-two percent said boomers had “ushered in an era of consumerism and self-indulgence.” Another group (27 percent) gave boomers credit for helping to “bring lasting change in social and cultural values [...] [read full article…]
In a recent column on paying off your mortgage to boost cash flow in retirement, I mentioned the option of selling a home and buying something in a less expensive part of the country. Reader Nick Radesca wrote to point out another good idea–sell your home and rent a place to live. This can make [...] [read full article…]
Q: I opened a Roth IRA about 15 years ago before I married my present husband and I’ve contributed a little to it over the years. Now that I’m retired and no longer bringing in any income, can I still contribute to my Roth IRA? If so, are there any special stipulations I should be [...] [read full article…]
Know someone looking to make a midlife career change? Our friend Terry Nagel at Encore.org has a creative list of encore career holiday gift ideas to help make it happen. On Terry’s list: the best books, ways to give the gift of technical training for new work, online courses and experiential learning. [read full article…]
Six of the top 30 fastest-growing job categories through 2018 will be in the health care industry, according to a federal government forecast. The fast-growth jobs include nurses, home health aids and medical assistants, according to the U.S. Department of Labor’s Bureau of Labor Statistics. Teaching jobs at the elementary school and post-secondary level also [...] [read full article…]