Out of work and under 65? Here’s how to retool your retirement plan

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We reached a milestone last week when the government reported that the U.S. economy has regained all the jobs lost during the Great Recession. Yet for many older workers the recession never ended; long-term joblessness has morphed into de facto premature retirement. Now, millions are performing financial triage on retirement plans that had been based […]

It takes villages: Boomers’ alternative approach to retirement living

Beth Baker

Where do retired recreational vehicle enthusiasts go when they get too old to hit the road? Some are parking – permanently – at the Escapees Care Center, an adult day-care center in Livingston, Texas, where they can live in their RVs and pay monthly fees that cover whatever care they may need and commune with […]

A holiday reading list for the retiree on your list

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Now that the baby boomer age wave is crashing ashore, Americans are retiring by the boatload. About 10,000 of us will turn 65 every day for the next 17 years, the Pew Research Center tells us. If someone on your gift list is hitting the beach this holiday season, a little guidance is in order […]

Employee stock purchase plans see uptick in post-Enron era

Invesco is a big believer in employee ownership. But in 2005, the investment management giant dropped a feature in its 401(k) plan that allowed employees to accumulate its shares in their retirement accounts. The decision stemmed from worries about the risks of company stock in a retirement plan, where plan sponsors have a fiduciary responsibility […]