Retirement

a woman holding her head in her hands

Investor’s $99,000 Retirement Savings at Risk After Life Insurer Collapse – AOL

Financial Planning, Retirement

When it comes to retirement, many people say that their biggest fear is outliving their savings. However, one woman’s recent experience has unlocked a whole new terror for me, after she says that her $99,000 investment into a private equity-owned life insurer hangs in the balance after the company collapsed.

Now she, and 100,000 other policyholders, are waiting to see

Source: Investor’s $99,000 Retirement Savings at Risk After Life Insurer Collapse – AOL

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Spending shock

How spending shocks affect retirement planning

Lifestyle, Markets, Retirement

Market performance tends to dominate the conversation about risks to a retirement plan. But spending shocks can also curb a retirement portfolio’s longevity. In Morningstar’s research, we examined the implications of two major types of spending shocks: unanticipated early retirement and uninsured long-term care expenses at the end of life. The former may necessitate spending over a longer period, often with higher healthcare costs in the pre-Medicare years, while the latter can translate into an effective “balloon payment” toward the end of life.

Early retirement — before the standard age of 65 — is an increasingly common scenario.

Source: How spending shocks affect retirement planning

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These Underrated Midwest Cities Are Among the Best Places to Retire Thanks to Affordability and High Quality of Life

Lifestyle, Retirement, Travel

As more current and future retirees see their budgets squeezed by rising housing and living costs, the Midwest has become a popular destination for older adults looking for affordability. In its annual report, Investopedia highlighted the 25 best retirement cities in the Midwest, which the publication explains offer lower everyday expenses than those in coastal areas.

And while the region encompasses 12 states, this year’s ranking is dominated by five: Illinois, Iowa, South Dakota, Wisconsin, and Michigan. Investopedia prioritized several factors in determining the winners, with affordability and cost of living carrying the most weight,

Source: These Underrated Midwest Cities Are Among the Best Places to Retire Thanks to Affordability and High Quality of Life

These Underrated Midwest Cities Are Among the Best Places to Retire Thanks to Affordability and High Quality of Life Read Post »

brown wooden bench under green tree during daytime

Nobody talks about why so many retired people suddenly care deeply about things that seem trivial – the garden, the bird feeder, the perfect sourdough – but psychologists say these aren’t hobbies, they’re the first projects in decades where the only metric of success is personal satisfaction – VegOut

Lifestyle, Retirement

After decades of being measured by test scores, performance reviews, and others’ expectations, retirees are discovering the radical freedom of caring deeply about things—garden stones, bird feeders, sourdough starters—that matter to absolutely no one but themselves.

Source: Nobody talks about why so many retired people suddenly care deeply about things that seem trivial – the garden, the bird feeder, the perfect sourdough – but psychologists say these aren’t hobbies, they’re the first projects in decades where the only metric of success is personal satisfaction – VegOut

Nobody talks about why so many retired people suddenly care deeply about things that seem trivial – the garden, the bird feeder, the perfect sourdough – but psychologists say these aren’t hobbies, they’re the first projects in decades where the only metric of success is personal satisfaction – VegOut Read Post »

Retirement Is a Glide Path, Not a Cliff | Morningstar

Behavioral Finance, Financial Planning, Retirement

Why Financial Independence Is a Tonic Against Career Burnout

Christine Benz: I wanted to talk about the news that you were financially independent. It sounds like it was anticlimactic, but you also said that it was a great tonic against career burnout because you are continuing to work. It sounds like you really like your work as a physician, but can you talk about that, how crossing that threshold and hearing that you were financially independent was kind of

Source: Retirement Is a Glide Path, Not a Cliff | Morningstar

Retirement Is a Glide Path, Not a Cliff | Morningstar Read Post »

5 Years Until Retirement? Here Are 5 Investing Rules to Follow | Kiplinger

Financial Planning, Retirement

Retirement planning is always important, but the five years before you leave the workforce carry a different kind of weight. This is the moment when you shift from building your nest egg to figuring out how it will actually support you. “We often refer to the three to five years preceding retirement — and the five to seven years following it — as the ‘retirement danger zone,'” says Ross Hamilton, director and private wealth adviser at Broad Branch Wealth Advisors of Raymond James.

It’s a window when several forces converge: your portfolio is often at its highest value, your ability to recover from market

Source: 5 Years Until Retirement? Here Are 5 Investing Rules to Follow | Kiplinger

5 Years Until Retirement? Here Are 5 Investing Rules to Follow | Kiplinger Read Post »

Most Overlooked Part Of Retirement Has Nothing To Do With Money

Behavioral Finance, Financial Planning, Health & Fitness, Retirement

Most people prepare financially for retirement, but far fewer prepare for the life transition itself. You may have circled a date on the calendar, built up your savings, or met regularly with a financial advisor, but retirement is not just a financial event. It is a major life change that alters identity, structure, purpose, and daily rhythm. And like any meaningful transition, it requires preparation.

Source: Most Overlooked Part Of Retirement Has Nothing To Do With Money

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Trump’s latest retirement plan pitch to extend 401(k)-style match to uncovered workers – InvestmentNews

Financial Planning, Retirement, Social Security

President Donald Trump used his State of the Union address Tuesday night to outline a new federal matching program for workers who do not have access to an employer-sponsored retirement plan, signaling another push to widen participation in markets ahead of November’s midterm elections.

As reported by Axios, the proposal would give tens of millions of Americans the option to enroll in an account modeled on the Thrift Savings Plan available to federal employees, with a federal matching contribution for eligible savers. The initiative is targeted at workers who lack a 401(k) or similar workplace plan and currently must take the extra step of opening an IRA on their own.

Trump said his administration would give “often forgotten American workers … access to the same type of retirement plan offered to every federal worker.” He added: “We will match your contribution with up to $1,000 each year, as we ensure that all Americans can profit from a rising stock market.”

Read the entire article: Trump’s latest retirement plan pitch to extend 401(k)-style match to uncovered workers – InvestmentNews

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Doctor shows medical scan to elderly patient

Medicare Updates: What Retirees Need to Know in February 2026 | The Motley Fool

Health & Fitness, Retirement

A month into 2026, many of the major Medicare changes for the year have already gone into effect. But it’s easy to miss key updates when you’re busy recovering from the holidays and working toward your New Year’s resolution.

Here’s a look at four of the most important Medicare updates that retirees need to be aware of in February 2026, just in case you missed them.

Read the entire article: Medicare Updates: What Retirees Need to Know in February 2026 | The Motley Fool

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man kissing woman on check beside body of water

Retirement Planning Without Kids Demands Attention to Long-Term Care and Estate Strategies

Financial Planning, Retirement

Not having kids might mean fewer financial obligations, but it doesn’t automatically make retirement planning easier. In fact, flying solo as you age comes with its own set of complexities, from health care costs to estate decisions.

Here’s what child-free adults should know when planning for life after work.

Read the entire article: Retirement Planning Without Kids Demands Attention to Long-Term Care and Estate Strategies

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How Americans Are Changing Their Lives in Old Age : Up First from NPR : NPR

Health & Fitness, Lifestyle, Retirement

At the end of every year, many of us resolve to make small changes in our lives. But what would it take to make a radical change–and can it still be done if you’ve reached retirement age?

Today on The Sunday Story, WBUR reporter Anthony Brooks shares stories about people he’s met who’ve done just that.  To hear more of Anthony’s reporting on people who reinvented themselves late in life, check out his series “The Third Act.”

Read the entire article: How Americans Are Changing Their Lives in Old Age : Up First from NPR : NPR

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Eight Habits for a Happy Retirement | Kiplinger

Lifestyle, Retirement

Most people think that planning for a happy retirement is all about numbers.

It centers around one question: Do my financial assets — pension, 401(k)s/IRAs, Social Security, property, sale of a business, etc. — provide enough income to fund my desired retirement lifestyle?

Ask any retiree, and they’ll likely tell you that’s only half the story.

Read the entire article: Eight Habits for a Happy Retirement | Kiplinger

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How To Enjoy the Holidays Again Over 50: 13 Ways, Experts Say – Parade

Health & Fitness, Lifestyle, Retirement

Tis the season to be… stressed? Despite the glimmer of sparkle often associated with the holiday season, it can also come with more than its fair share of anxiety, chaos and overwhelming moments (emotionally and physically).

And thanks to all that, psychologists say stress is quite common during the most “wonderful” time of the year, especially if you’re a woman over 50. “For many women, this is the age when things

Read the entire article: How To Enjoy the Holidays Again Over 50: 13 Ways, Experts Say – Parade

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America’s retirement outlook is getting brighter | Vanguard

Financial Planning, Retirement

This year we’ll see more Americans retire than ever. But how many of us will be financially ready when it’s our turn? At Vanguard, we asked this question for the whole country: Are we saving enough to maintain our lifestyle in retirement?

To answer, we applied Vanguard’s market projections to household balance sheets in order to forecast retirement savings down the line.1 Retirement readiness: The statistics We find that roughly two in five Americans are on track to meet their retirement spending needs. But retirement readiness is not black and white.

Read the entire article: America’s retirement outlook is getting brighter | Vanguard

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Local Baby Boomer Reinvents Himself Through Ai Training, Publishes Three Humor Books | Osprey Observer

Lifestyle, Retirement

After seven years and more than 7,000 job applications without a single offer, SouthShore resident Scott Louis Thomas decided it was time to rewrite his own story.

Today, the 66-year-old — known around town as ‘Captain Sparkles’ — is celebrating the release of two fast-rising humor books, Cruising Hacks: Know Before You Go! and Florida Hacks: Know Before You Go… to Florida and RETIREMENT HACKS Know Before You Go! The titles mark the launch of his new KBYG (Know Before You Go) book series.

Thomas’ path to authorship began not with inspiration but with exhaustion. After spending thousands of hours applying for jobs and receiving what he jokingly

Read the entire article: Local Baby Boomer Reinvents Himself Through Ai Training, Publishes Three Humor Books | Osprey Observer

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