Q: I’m anticipating signing up for Social Security benefits late this year or early next year, as I will soon be 62. I rolled my lump sum retirement over into an IRA. When I begin taking distributions from my IRA, will my Social Security benefit be affected, since I am not yet full retirement age? [...] [read full article…]
The House of Representatives approved the Serve America Act, which includes a major boost for midlife career changers interested in non-profit work in the form of 100 Encore Fellowships across all 50 states and a major expansion of Americorps. President Obama is expected to sign the legislation when he returns from his eight-day trip to [...] [read full article…]
The best-laid plans of mice and men often go awry, and so it goes with retirement in 2009. The brutal stock market decline and frozen real estate market have wrecked the retirement plans of many Americans, who now find themselves back in the job market looking for ways to supplement their income. It’s no easy [...] [read full article…]
A friend lost his job recently at age 64. He had been a fundraiser for a major national charitable organization that has seen its donor base hammered by recession and now is cutting headcount. My friend doesn’t want to retire–but at the same time he understands that the odds aren’t great that he’ll find a [...] [read full article…]
For journalists, the new year is a time for crystal ball gazing, despite our miserable track record as forecasters. Making predictions for 2009 is especially treacherous, considering the instability we’re living through. That hasn’t stopped me from assembling my forecast for this year’s top 10 retirement trends. However, hoping to improve my odds–or maybe just [...] [read full article…]
