A study by the AARP released last week reveals the impact this economy is having on Baby Boomers. A high percentage of individuals have changed the way they invest their money because of these turbulent economic times. Many are dipping into their retirement accounts or have stopped depositing money in their IRA in order to […]
retirement
Downsizing Mom & Dad: Planning is Key
Moving your parents into a retirement community or assisted living facility can be difficult, heartbreaking, expensive, tiring or all of the above. Having a good plan is key. An article from Newsday.com gives a little insight into things older people need to consider for this transition. It will give those who are (or will be) […]
Let’s Talk Retirement Plans
As a Boomer, you’ve spent many years working hard to improve yourself and your lifestyle. But, how financially prepared are you for retirement? The answers to this question will range from, “very prepared” to, “I’m never going to make it.” If you are still in the workforce, even part-time, knowing your retirement plan intimately can […]
Retirement, Financial Planning and Where We’re Headed
In this news item courtesy of Red Orbit, Anna Rappaport, FSA, MAAA, chair of the Society of Actuaries’ Committee on Post-Retirement Needs and Risks, takes a long, hard look at the concept of retirement. Spanning more years than it has in generations before, many are opting for staggered retirements, where they leave the working world […]