Retirement sounds great. You quit work, play golf, and travel, and have no responsibilities. Who wouldn't love it? But isn't that what a vacation is? We can easily spend 30 or more years in retirement, so when all the Baby Boomers hit retirement age, a significant percentage of the adult population could go on a perpetual 30 year "vacation".
Are you nearing retirement and exploring new opportunities? Or, are you wondering how you will manage once you retire? A growing number of individuals over the age of 50+ are turning to small business ownership. We call them “encore entrepreneurs”.
Whether you are interested in starting a small business right away or intend to wait until retirement, now is the time to explore the possibilities.
Your personal online my Social Security account is a valuable source of information beginning in your working years and continuing throughout the time you receive Social Security benefits.
How long will your retirement nest egg last? How much could your investments grow? Answer a few questions to see a long-term projection. Then try making a few changes to view the impact on your results.
The Prize awards $100,000 to at least one individual in his or her encore career creating new ways to solve tough social problems. The Purpose Prize® is the nation's only large-scale investment in people over 60 who combine passion and experience for social good. “A kind of MacArthur ‘genius award’ for retirees.” -- NPR
Our award-winning retirement planner can assist you in calculating how much you may be able to spend each month and how long your savings will last. Use our retirement calculator to better manage your financial assets and get the most value from your retirement savings.
For some people, there is a natural progression toward retirement. They know exactly when it's time to call it quits. For others, thoughts about when to retire make them nervous, and the decision isn't easy. Determining the right time to retire can become mind-numbingly complex when you consider all of the personal and financial factors that come into play. For those individuals and couples who are on the fence and not sure about the right time to retire, you're not alone.
The label 'retired' no longer reflects the busy, happy people who find fulfillment after work.
I’d like to see us commit as a nation to creating lifelong homes. Only 4 percent of the 65-plus population goes to a nursing home. Most are at home for a long, long time. We should make this a priority, just as we did with creating more energy efficient homes. This could involve certifying a package of age-related home improvements — the kinds of things we did for my parents — and coming up with public and private strategies for financial support. Second, we ought to be thinking about how we accessorize communities for an aging population. Today, we build parks for children.