When Barbara and Mark Gomperts became empty nesters a few years ago, they found themselves using just a fraction of the 3,000-square-foot, five-bedroom house where they had raised their children in Vienna, Virginia. They bought a townhouse in nearby Burke that was a third the size of the house they sold. “We just didn’t need [...] [...more]
Conversations about retirement readiness usually focus on portfolios–how much you’re saving, your investment mix, and whether you’ll accumulate assets sufficient to last a lifetime. But those conversations are missing a bigger-picture question about retirement readiness: How are household balance sheets shaping up as families approach retirement? A new study by the AARP Public Policy Institute [...] [...more]
The baby boom generation has broken the mold at every stage of life, and it looks like aging won’t be any different. Boomers aren’t heading quietly into retirement. They’re launching businesses, embracing digital technology and living abroad in greater numbers than ever before. But in other ways they are struggling more than the previous generation. [...] [...more]
Gay rights took a big stride forward in this week’s elections, with voters in four states affirming the right of same-sex couples to marry. But here’s an issue in the LGBT community that continues to fly under the radar: what happens to LGBT Americans when they get old? “Our community has been focused for years [...] [...more]
Women face distinct retirement-planning challenges, including higher longevity risk, less access to workplace retirement plans, and continued wage discrepancies. Now, author and retirement expert Jan Cullinane offers a book focusing solely on the issues and challenges confronting single women in retirement. The Single Woman’s Guide to Retirement (John Wiley & Sons) will walk you through the [...] [...more]
