Older and jobless: the recovery’s forgotten story


Six years after the Great Recession ended, jobless older workers are the forgotten story of the economic recovery. U.S. employers are creating hundreds of thousands of new jobs every month, but millions of older workers who want a job cannot find work. The economic data documenting the problem is clear. So is one of the […]

How to manage your career like a financial asset

Michael Haubrich

There’s nothing more basic to a retirement plan than your career—income from work makes everything else possible. Many financial planners recognize that truth, at least in theory. But most haven’t taken the next logical step, argues Michael Haubrich, founder and president of Financial Service Group, a fee-only planning firm based in Milwaukee. Haubrich is the […]

Retired, but working? How it impacts your financial plan


A long time ago in a galaxy far, far away, seniors relied on the three-legged stool to navigate the financial universe in retirement: A pension, Social Security and their own investments. But in our galaxy, traditional pensions are disappearing, longevity is rising and investments, as well as savings, are inadequate. So the stool has a new leg: […]

Purpose Prize winners: 10 years of extraordinary encore stories


This year’s Purpose Prize winners were announced today by Encore.org, marking the 10th anniversary of these extraordinary awards. I’ve always thought of the Purpose Prize as the Macarthur genius award for people approaching retirement age. Since 2006, Encore.org has awarded more than $5 million to more than 500 prize winners and Purpose Prize fellows. This […]

Obamacare isn’t spurring earlier retirement – at least, not yet


The Affordable Care Act is doing plenty of good for older Americans, but one thing it is not doing is convincing them to retire early. One prediction of the impact of the healthcare law, commonly known as Obamacare, was that the ACA would end job lock – the phenomenon of workers hanging onto jobs just […]

Premature retirement: Who faces the greatest risk?


Planning to work longer to bolster your retirement finances? It can make a big difference, but it is tough to pull off. Half of all retirees leave the workforce earlier than planned due to a health problem or job loss. Blue collar workers with physically demanding jobs are most susceptible to early retirement, according to […]

Retirees driving for Uber? Older Americans gearing up for the shared economy

Brook Folk

Five dollars may not sound like much pay for doing a job, but don’t tell that to Brooke Folk. At age 67, Folk spends up to 30 hours a week on projects generated through Fiverr.com, a shared-economy website that requires all its vendors to offer something to customers for just $5 and takes a 20 […]

Building retirement security by avoiding job burnout: A Q&A with Kerry Hannon

Kerry Hannon

If you are counting the days to retirement because you hate your job, career expert Kerry Hannon has a message for you: “Stick with it.” Burnout is one of the biggest problems in the workplace, especially for older workers. An annual survey on retirement by the Employee Benefit Research Institute consistently finds that about half […]

Time for progressives to embrace working longer and a strengthened retirement safety net


It’s time for progressives to sort out a question about retirement policy: Is it possible to advocate for progressive ideas like an improved social insurance system and preservation of defined benefit pensions, but also acknowledge the benefits of longer working lives? I count myself as a progressive who is able to hold both these ideas […]

The Boomer entrepreneurship trend: Slowing or just getting started?

Nancy Kessler

Nancy Kessler spent much of her career as a museum curator, but she also has had a lifelong love of working with older people that dates to her childhood. At very young age, she would visit a 90-year-old neighbor who would tell her stories about her life. Kessler’s interest in oral history and folklore grew, and […]