10 best big cities to retire happily in

Submitted on Fri, 09/20/2013 - 12:00 am

Some people like big cities, some like small towns. The Milken Institute looks at factors including health-care, affordability, transportation, cultural and outdoor activities, employment and safety, and says these are the 10 best big cities to retire happily in. The best places to spend retirement in are safe and affordable, where people are healthy and generally happy. They’re places with economies that offer job opportunities for those nearing retirement age, and with living arrangements that suit the needs of people ages 65 and older.

Retire Here, Not There, Nevada

Submitted on Mon, 09/16/2013 - 12:00 am

Retirees looking to Nevada can find rugged Western beauty without high West Coast prices. One of Nevada’s biggest draws for many is that it has no state income tax and no inheritance tax, leaving retirees with more money to enjoy. “Low taxes are the underlying driving factor of anybody I talk to that is considering a move to Nevada from California,”

5 must do's before retirement

Submitted on Mon, 09/16/2013 - 12:00 am

Retirement today is not the same as it was for our parent’s generation. The generation today does not want to fade away into woodwork. They want to live a full life after retirement. They want to maintain an active lifestyle and not be dependent on their children. Hence retirement planning takes on a very important role...

Phased retirement: Employees eager, agencies wary

Submitted on Sun, 09/15/2013 - 12:00 am
Federal Times
Federal employees who are eligible for retirement and meet other requirements could work half-time while getting half of their pension. As they continue to work, phased retirees also will keep accruing additional service credit toward their final pensions. While on the job, they will have to spend 20 percent of their time in “mentoring activities,” ideally with the employees who will take over for them when they completely retire. Phased retirement would not be an entitlement; cops, air traffic controllers and other employees subject to mandatory retirement wouldn’t qualify.

Seeking a softer retirement landing

Submitted on Sun, 09/01/2013 - 1:25 am
Fifty Plus Advocates
There is an oft-told story about what happens when a worker at the Stanley Consultants engineering firm decides to retire. “They say you have the retirement party one day and you come back to work the next,” said Mary Jo Finchum, spokeswoman for the Muscatine, Iowa-based company. Stanley is among the U.S. employers that have offered workers a softer landing into retirement, allowing them to scale back hours as they prepare to take the plunge and move into part-time positions once it’s official.

Many boomers delay retirement, take on more work

Submitted on Sun, 07/28/2013 - 5:10 pm
Kane County Chronicle

But for other baby boomers, retirement is no longer a magical day on which they will stop working, get a gold watch and live a life of leisure, said Catherine Collinson, president of the Transamerica Center for Retirement Studies. More than 60 percent plan to work past age 65 or not retire, she said. “It’s not their parents’ retirement,” Collinson said. “Baby boomers plan and expect to work longer, delay retirement and transition into retirement in a way that involves at least working part time.” The majority of baby boomers, Collinson said, are delaying retirement out of necessity.