retirement

Are You Planning to Work Into Your Retirement Years?

Posted on 05/24/2013 by | Washington Watch | Comments

Bulletin Today | Money & Savings | WorkThree-fourths of employed adults plan to keep working past retirement age, many because they want to, according to a new Gallup poll. “‘Retirement’” once connoted a lifestyle free from the demands of work, but also reliance on personal savings and Social Security,” Gallup noted. “Both of those impressions may change if Americans carry through on their intent to continue working, at least part time, after reaching retirement age.” And that could be a good thing, according to Gallup. “While this …

Retirement Crisis: Are We There Yet?

Posted on 05/23/2013 by | AARP Blog Author | Comments

Public Policy InstituteIt seems like you can’t open up a newspaper (or twitter feed) without reading about the impending “retirement crisis.”  The word crisis, used to describe so many things, may get the public’s attention, but is it accurate?   Many retirees today struggle to make ends meet and others face dire situations triggered by job loss or unexpected health expenses.  But the prospect of a broader retirement crisis depends on your frame of reference. Because of the protections Social Security provides, …

Working Women Owe Barbara Walters Sincere Thanks

Posted on 05/13/2013 by | AARP Blog Author | Comments

Bulletin Today | EntertainmentFive decades before Facebook CEO Sheryl Sandberg was telling women to lean in, Barbara Walters was doing just that and more.  All women in the work world owe her respect, but women in communications owe a particular debt to Walters, who will retire next year at the age of 84. In the 1960s, those Mad Men days when women were either invisible or second class citizens in the work force, Walters, who began as a segment producer for “women’s stories”, …

The #1 Topic to Talk About After 50 (Even If They Say We Shouldn’t!)

Posted on 05/9/2013 by | Best of Everything After 50 | Comments

Money & Savings | Your LifeOkay, I know that money is one of those topics we’re not supposed to discuss at cocktail parties (along with religion and politics and so on and so forth) … but … we’re not at a cocktail party. We’re in real life. Midlife, in fact. And we need money. If you don’t have a plan… it’s time to think about creating one.  We don’t want to be in our 50s, 60s and beyond without enough money to take care of ourselves. Where to start? First, understand …

Women Face Tough Challenges in Retirement … But Can Overcome Them!

Posted on 04/30/2013 by | AARP Blog Author | Comments

Public Policy Institute | WorkThe writer Oscar Wilde said “When I was young I thought that money was the most important thing in life; now that I am old I know that it is.” This is a great insight into how vital money can be at older ages — when we have a much more difficult time earning money or just can no longer work. A recent report from AARP’s Public Policy Institute, An Uphill Climb: Women Face Greater Obstacles to Retirement Security, highlights …

Why the Chained CPI is Wrong for Social Security

Posted on 04/11/2013 by | AARP Blog Author | Comments

PoliticsYesterday, the President included Social Security cuts in his budget through a proposal called the “chained CPI”. Let’s take a minute and break down exactly what that means: The chained CPI would modify the way the cost-of-living-adjustment (COLA) for Social Security is calculated, cutting benefits by $127 billion dollars over the next 10 years alone. That comes out to over $2000 in lost benefits for the average senior. Some have tried to defend this unprecedented inclusion of Social Security benefit …