retirement planning

Retiring Later? Join the Club

Posted on 05/17/2013 by | Who's News | Comments

Bulletin Today | Money & Savings | WorkThe brutal economic downturn that began in 2008 and the subsequent sluggish recovery has thrown a cold splash of reality on many Americans’ dreams of a comfortable, stress-free retirement. So it’s probably not much of a surprise that Americans are now retiring at an older age than they did just a few years ago, and that most of us expect to keep working to age 65 or older. The big surprise, though, according to Gallup’s newly released annual economic and …

Poll: Aging U.S. in Denial About Long-Term Care Need

Posted on 04/24/2013 by | General News | Comments

Bulletin Today | Caregiving | Personal HealthBy Jennifer Agiesta and Lauran Neergaard, The Associated Press WASHINGTON (AP) — We’re in denial: Americans underestimate their chances of needing long-term care as they get older — and are taking few steps to get ready. A new poll examined how people 40 and over are preparing for this difficult and often pricey reality of aging and found two-thirds say they’ve done little to no planning. In fact, 3 in 10 would rather not think about getting older at all. …

Ready, Set, Retire. Or Not.

Posted on 02/8/2013 by | Money and Work | Comments

Bulletin Today | WorkHow can we be brave enough to retire when our nest eggs aren’t moving in the right direction fast enough? Many of us older workers are still smarting from financial crisis and the toll it took on our net worth. We watched our retirement savings fall and start to inch their way back. But we’ve also been told, time and again by financial experts, that we need to stay on the job longer to save as much as we can so …

401(k) Accounts Head North Amid Market Gains

Posted on 01/30/2013 by | Money and Work | Comments

Bulletin Today | Money & Savings | WorkNeed a pick-me-up to go with your morning cup of coffee? Try checking out your 401(k) account. It should be fatter today. As the stock market continues to climb, so do our retirement accounts. In the last week, in fact, our portfolio balances likely increased by much more than we expected. [Retirement shortfall? See how to get back on track.] The Dow Jones index is up by nearly 2 percent in the last week, flirting with the high 14,000 mark. …

How Much Do You Need to Retire? Ask Your Employer.

Posted on 01/16/2013 by | Money and Work | Comments

Bulletin Today | WorkUnless you’ve saved  11 times your final pay ($550,000 if you were earning $50,000), don’t even think about retiring. And because few of us haven’t saved close to that, a growing number of employers are making it a bigger priority to help their workers plan adequately for retirement, a new survey says. As pension plans vanish and 401(k)s gyrate with the stock market, we know too well that workers are under more pressure than ever to save for their future. So Aon …

Meet This $50,000 Retirement Contest Winner

Posted on 12/26/2012 by | AARP Blog Author | Comments

Money & Savings | Work“Learning about retirement planning has never been so much FUN!” Fun? Some people might use other “f” words. Maybe winning $50,000 would help change your mind. It was a game-changer for one woman (more on her in a minute). For many, retirement planning falls between somewhat intimidating to downright frustrating, or maybe even depressing — especially if you are, or have been, out of work. Those are just a few reasons why AARP’s financial security education team decided to inject some …