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 [...] [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…]
There’s no shortage of bad news about aging and retirement. Whether it’s ballooning Social Security and Medicare payments or the brain drain of millions of baby boomers leaving the workforce, the headlines all seem to focus on the increasing burdens of an aging population. There’s not much we can do about aging; we’re all doing it. [...] [read full article…]
Q: I retired to Lakeland, Florida seven years ago, and I am so surprised that even though we have many colleges in this area, none of them offer adult ed classes like I used to take in Fairfax, Virginia. I realize that there are probably limited resources for the colleges, but I think it could be a very [...] [read full article…]
If you’re over 50, you need exercise to stay fit-no disputing that. But what are you doing to keep your brain lean and mean? The concept of brain fitness has caught fire lately, with much of the attention focused on a new breed of software programs and games that claim to help older people maintain mental [...] [read full article…]
If you think the subprime mortgage meltdown is bad, consider the impact on housing as the boomer age wave hits. Dowell Myers, professor of urban planning and demography at the University of Southern California, is co-author of a new research study looking at how the huge boomer generation will affect housing as it begins [...] [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.
