Retirement

By the year 2035, Americans 65 and older are expected to outnumber those under 18 for the first time in our country’s history.[1] In a culture that tends to glorify youth and doesn't know how to handle older American's problems, this will mean some major changes. Whether it's through celebrities who refuse to retire, retirees who experience wanderlust and make travel a priority, or those who prioritize retiring early to enjoy their time, this generation will influence culture and the future of retirement. Baby Boomers Will Re-Define Retirement Baby Boomers have been re-defining American culture [...]

As summer draws to a close, we might be planning our last trip to the beach or a favorite weekend destination. Whether you choose to enjoy the long summer days by lounging around with a good book or doing something a little more physically taxing, summer is a special time that we've cherished since childhood. We may feel nostalgic about summer because, as kids, it was a time that signified our freedom – no school, no homework, and lots of time outside. Even now, summer can provide a break from the usual grind, especially if [...]

Aim to retire to something, not just from something. Retirement is the beginning of a new stage of life that can be active and fulfilling if we do it right. We can learn a lot about how to do this from George Washington and his farewell address:I anticipate with pleasing expectation that retreat in which I promise myself to realize, without alloy, the sweet enjoyment of partaking, in the midst of my fellow-citizens, the benign influence of good laws under a free government, the ever-favorite object of my heart, and the happy reward, as I [...]

Do you plan on taking a vacation this summer? After forgoing travel for over a year, many people are planning trips this summer. If you do, there are many ways you can optimize your experience by using your phone. Your phone can be pretty much whatever you want it to be on vacation – a notepad, a map, even a flashlight. Here are four ways to use your phone on vacation. Make Lists Before you start your journey, you’ll have to pack. Maybe you already have a list you consult, or you make a mental [...]

Do you think your retirement will look exactly like your parent's retirement? The answer is probably "no," and hopefully, it's "it will look even better." Retirement is changing, and it's important to think about what you want in retirement and how you'll afford it. Here are four retirement lifestyle predictions. More People Will Be “Pulled” into Retirement Than “Pushed” Older workers can sometimes find themselves “pushed” out of the workforce sooner than they anticipated by layoffs and age discrimination. However, it may be that more people voluntarily enter retirement earlier to spend more time with [...]

If you’re planning on taking a vacation, it’s probably something that you’ve looked forward to for a while now. Maybe you haven’t traveled much since before the pandemic and want to this summer, or maybe you’ve recently retired and just want to relax and enjoy your free time. However you choose to spend your time in retirement, the great thing is that that it’s your 30 or more year vacation.  Here are some things to think about when you’re looking forward to summer and retirement. What Will You Do? On average, we spend more time [...]

Even though most people look forward to retirement, some forget that losing the structured routines, sense of purpose, and social interactions from having a job can lead to a difficult transition. During the past year, many have realized that never going into the office has drawbacks, even if being home a bit more is nice. Adaptation is key, and a recent Harvard Business study[1] outlines how retirees can adapt to this new stage in life. The study used the term “life structure” to describe the places you spend your time, the activities you engaged in, [...]

Some people dream about retiring and jetting off to a tropical location to start a new life. In reality, the majority of people, when asked if they want to stay in their house once they retire, say yes. According to an AARP Report, 87% of people aged 65 or older think the best plan of action is to stay in their current town[1] where they can keep their home and community nearby. As creatures of comfort and habit, this makes sense. It would seem like a lot less hassle to skip the move and stay [...]