TITLE

Retirees Are Not Just Living Longer, They're Living Differently

AUTHOR(S)
Rose, Mitchell
PUB. DATE
August 2007
SOURCE
On Wall Street;Aug2007 Supplement, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article highlights retirees' active lifestyles which require more comprehensive yet flexible retirement planning. According to a study conducted by MetLife Mature Market Institute in 2006, returning to work is common for retirees. Tom McCarthy of McCarthy & Cox, LLC in Marysville, Ohio, believes that retired clients should maintain certain amounts of cash based on their age and their life situation. McCarthy also notes that access to healthcare at a reasonable price and fear of pension stability are the two main reasons why retirees go back to work.
ACCESSION #
26425360

 

Related Articles

  • Strong Plan and Distribution Strategy Will Enhance Your Clients' Retirement. Zook, Jack // Pennsylvania CPA Journal;Winter2012, Vol. 82 Issue 4, p1 

    The article offers suggestions on how to manage and enhance distribution of retirement funds of the client. It cites that future health care costs are the most critical variable in distribution planning. It advises certified public accountants (CPAs) to prepare clients when approaching...

  • Prepare for health care costs in retirement. Ross, Janet // Hays Free Press (Buda, TX);4/2/2014, Vol. 118 Issue 1, p1D 

    In this article, the author suggests to save money for health care costs after retirement and plan for medical care and long-term investment for growth and rising income.

  • Poll Sees Later Retirements. Ackermann, Matt // Bank Investment Consultant;May2008, Vol. 16 Issue 5, p11 

    The article reports on the healthcare costs and inflation rate as a major problem for retirees. According to the survey of workers age 50 to 74, while anticipating the problem, pre-retirees expect to work on average a full decade longer than those already in retirement. Furthermore, almost half...

  • Pension and Health Insurance Trends. Doerpinghaus, Helen I. // Business & Economic Review;Jul-Sep2005, Vol. 51 Issue 4, p30 

    Reports on the trend with both employer-based pensions and medical insurance which is toward less employer liability and more employee choice. Employers' limiting of their financial liability by making a fixed contribution regardless of what happens to the cost of retirement and health benefits;...

  • Why Your "Number" Doesn't Matter. Updegrave, Walter // Money;July2008, Vol. 37 Issue 7, p47 

    The article suggests having a fixed number for the total sum of personal savings needed to retire is not important. The author proposes an evaluation on the odds that personal financial resources will sustain a regular income. The rising cost of healthcare is also cited as a reason to not fixate...

  • Holistic Next-Generation Thoughts in Planning for Retirement Needs. Basu, Somnath // Journal of Financial Service Professionals;May2011, Vol. 65 Issue 3, p7 

    In economic terms, people face a dilemma between optimizing either the current or the future benefits of their incomes. It's human nature to want to spend today, maximizing current utility. Yet too much of that behavior is to the detriment of our future benefit, i.e. our need for income in...

  • Finding Stepsto a Worry-Free Retirement. Roman Sr., Don M. // Atlanta Tribune;Apr2010, Vol. 24 Issue 1, p18 

    The article discusses several steps to ensure that accumulated assets are sufficient to meet financial objectives upon retirement. It cites the targeted approach where one allocates separate sums of financial resources into specific life goals. It notes that a retiree who has earmarked his money...

  • Polls Sees Later Retirements. Ackermann, Matt // American Banker;3/20/2008, Vol. 173 Issue 55, p8 

    The article discusses poll results indicating, on average, workers aged 55 to 74 don't expect to retire until they turn 68 and are concerned with rising health care costs and inflation. According to the poll, 47 percent of pre-retirees plan to continue working early on in their retirement....

  • Fidelity “Retirement Vision 2020” Prescribes Successful Savings Strategies to Drive Better Outcomes.  // Insurance Broadcasting;7/10/2014, p1 

    The article reports on the "Retirement Vision 2020: Fidelity's Prescription to Help Drive Better Outcomes" employee retirement readiness roadmap for employers, advisors and consultants in the U.S. released by Fidelity Investments. The roadmap includes ways for saving and investment for employees...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics