Tag Archive | "retirement"

Five ways to change your retirement math

We’ve all seen the studies – one seems to land on my desk once or twice a week. “Americans are living longer.” “Fewer have defined benefit pensions.” “The value of Social Security is shrinking.” “Boomers don’t have enough money to retire comfortably.” “A retirement crisis is looming.” Just a couple recent data points: –Working American [...] [...more]

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Should Ford retirees take a lump sum buyout?

Ford Motor Company is making an offer it hopes 90,000 former employees can’t refuse: a lump sum buyout of their pensions. The auto giant plans to offer a voluntary buyout of defined benefit pensions to salaried retirees and former employees, with payouts to start later this year. Although Ford hasn’t revealed the exact terms of [...] [...more]

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Number One worry: cost of health care in retirement

What worries Americans most about their prospects for achieving a secure retirement? The cost of health care. Americans are less confident that they’ll have enough money to pay for medical and long-term care expenses in retirement than they are about their ability to cover basic expenses, according to the Employee Benefit Research Institute’s recently released [...] [...more]

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65 things to do when you retire: Advice from Jimmy Carter, Gloria Steinem and me

Here’s something I never thought I’d do: publish an essay in a volume alongside Gloria Steinem, Jane Fonda and Jimmy Carter. But the editors at Sellers Publishers invited me about a year ago to contribute to a volume of essays called 65 Things to Do When You Retire, 65 Notable Achievers on How to Make [...] [...more]

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Retirees move, but not very far

When Harvey and Cora Alter decided to move away from Washington, D.C., for their retirement, friends were surprised to hear where they were going. The Alters weren’t even crossing a state line. They would move just 30 miles north of Rockville, Maryland, where they had raised two daughters, to Frederick — a town of about [...] [...more]

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