There are many issues to consider when considering retirement which is why there is a great need for a method by which those considering retirement can gather information easily. The purpose of this blog is to offer up to the minute news about retirement, Social Security and supplemental income.
SALT LAKE CITY – The new year marks the 60th birthday for the first of the baby boomers, heralding a dramatic transformation of the labor market. With more than a third of the workforce age 45 and older, many employers are bracing themselves to lose 25 percent to 45 percent of their workers in the next deca
Journal Gazette 12/26/2005 Boomers will change retirement thinking
posted by Jerry Nichols @ 8:05 AM
(CBS) William Love is getting a masters in business administration, along with an advanced degree in debt.
Love's credit card debt is nearly $40,000, he tells CBS News correspondent Trish Regan. His minimum payments alone total $600 a month.
CBS News | The Grip Of Credit Card Debt | December 2, 2005�19:30:06
posted by Jerry Nichols @ 8:20 AM
Dec. 2, 2005 – Once again baby boomers are being warned that unless something is done about the soaring federal deficit their retirement years may fall far short of expectations
Greenspan Again Warns Baby Boomers of Retirement Threats
posted by Jerry Nichols @ 8:17 AM
"UNCLE SAM has been generous to a fault in creating tax-advantaged retirement plans. He has foisted upon the public a mind-boggling array of options, at least a dozen, each with itsown set of rules as to contributions, structure and withdrawals.
...
Instead of helping people preserve money for a retirement nest-egg, this tidal wave of alphanumeric soup is choaking the nation, discouraging the public from participating.
Inside Bay Area - Home
posted by Jerry Nichols @ 11:35 AM
"NEW YORK - Why is it so devilishly difficult to save for retirement? Humorist Ben Stein - who's an economist by training - thinks he has the answer"
Retirement saving no laughing matter
posted by Jerry Nichols @ 1:16 PM
"A survey by the Employee Benefits Research Institute said 52 percent of working adults have saved less than $25,000 for their golden years."
Chicago Tribune | Outlook bleak on saving for retirement
posted by Jerry Nichols @ 2:10 PM
A regular feature of The Motley Fool's Rule Your Retirement service is our success stories -- profiles of people who have become financially independent. One of the most remarkable stories is about Billy and Akaisha Kaderli, who, at age 38, left their fast-track lives, moved to Nevis, West Indies, in the Caribbean, and started traveling the world. Their story follows.
How Much Is Enough?
posted by Jerry Nichols @ 6:55 AM
"Contrary to a popular belief, people who take early retirement do not live any longer than those who retire later — and in fact they are likelier to die sooner, according to a statistical study published on Friday."
Daily Times - Site Edition
posted by Jerry Nichols @ 3:54 PM
