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Posts Tagged ‘retirees’

Finding Your Dream Career In Retirement

This MarketWatch (March 21, 2011) article discusses how one ought to think about employment as one enters retirement, and why it’s good to keep working. The article focuses on relatively high-earners for which employment ensures a protection against boredom and, more importantly, an income buffer to fill out your needs rather than an advancement in one’s career (it’s perfectly fine to step the income down.) The conclusion is that retirement has to be rethought and considered independence out of flexibility to do what I’d like, rather than independence from employment altogether. Also review this article about small business start-ups begun…

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Between 4–14% More U.S. Households “At Risk” of Running Short of Money in Retirement Due to 2008–2009 Recession

Depending largely on age and income, between 4 percent and 14 percent of Americans who otherwise would have had adequate income to cover basic expenses in retirement became “at risk” of running short because of the housing and financial crisis of 2008–2009, according to a new report by Employee Benefit Research Institute (EBRI). The EBRI analysis, based on its retirement income adequacy models, notes that the likelihood of becoming “at risk” because of the economic crisis depends to a large extent on the size of the retirement account balances the household had in 401(k)-type plans and/or individual retirement accounts, as…

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