When I left the world of full time employment about a year ago, healthcare was a major worry. Years away from Medicare eligibility—and with a family to insure—I needed a health safety net. Fortunately, my wife was able to shift us to her employer’s insurance plan. (Aside from health insurance, my marital good fortunes are many—but [...] [read full article…]
The number of large companies offering health benefits to early retirees–those who quit before becoming Medicare-eligible at age 65–has been falling. According to Mercer, the human resources consulting company, the percentage of large companies offering health benefits to early retirees fell from 46 percent in 1993 to 29 percent in 2001—and then leveled off through [...] [read full article…]
AARP continues to challenge the Equal Employment Opportunity Commission’s recent ruling permitting employers to eliminate or reduce health benefits for Medicare-eligible retirees, while retaining benefits for retirees under age 65. AARP is petitioning the Supreme Court to review whether EEOC had the authority to issue the ruling. Supporters of the ruling argue it will [...] [read full article…]
Know someone who worries about an elderly parent living alone—maybe at a distance of hundreds or thousands of miles? It’s a common dilemma for Boomers who are busy with careers and raising their own kids. They worry Mom or Dad could take a life-threatening fall, become forgetful about taking medicines or eating and staying hydrated. [...] [read full article…]
Look up “retirement” in the dictionary, and you’ll find words like withdrawal. Seclusion. Removal. Retreat. A very different set of definitions is coming into view for the generation of Americans now approaching retirement age. Words that come to mind include reinvent and engage. Risk-taking. Enjoyment. Learning. That’s why I’m so excited to be taking the [...] [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.
