In It?s Time to Roll Out the Alt-Retirement Movement I outlined the reality that most people will not be able to retire, at least not completely. One of the main points I tried to emphasize was that most people are going to need to continue working, if even at a reduced capacity.
As is often the … Continue Reading
Cohousing? I didn?t make that up. Frequent commentor Looking Ahead introduced me to the term in a comment made on Alt-Retirement and the Long-term Care Dilemma. It?s a perfect term to describe the living arrangements I outlined to deal with the prohibitive cost of long-term care.
But in a much br… Continue Reading
It?s rare to go into a big box retail store or a fast food restaurant and not see one or more older people somewhere on staff. While we might think Isn?t that nice, he/she is supplementing their retirement income, there may be a bigger story playing out here. An article in Yahoo! Finance (One-third … Continue Reading
Last week in It?s High Time to Roll Out the Alt-Retirement Movement the comment thread took us in an unexpected direction. It often does. It brought us right to a very difficult retirement related topic: the long-term care dilemma.
We can make all the plans we want as to how we?d like to retire o… Continue Reading
With most of the country unprepared to retire in the next five years, if you're nearing retirement age, you should be actively working towards how to plan for retirement. The objective is to essentially save as much as you can now to sustain a decent quality of life once your paycheck stops coming i… Continue Reading
They?re all kinds of ?alt? movements around. I googled the term alt-retirement and was surprised to find that it doesn?t exist. The closest references were to a couple of government programs under the title ?alternative retirement plan? that apparently exist for state governments, as well as FICA (t… Continue Reading
This is the fifth and final strategy that I spelled out in What to Do if You Cannot Afford to Retire. We?ve already done a deeper dive with saving money no matter how old you are, selling your home if you need to, paying off debt, and continuing to work in retirement. So in this article will tie it … Continue Reading
This entire discussion is anathema to millions of people who hope for ? and expect ? a work-free, worry-free retirement. But many, perhaps most, people will absolutely need to continue working in retirement. Surveys show that most people underestimate how much money they?ll need to retire. Yet I thi… Continue Reading
In What to Do if You Cannot Afford to Retire we laid out five separate strategies to help you create at least a comfortable semi-retirement. The five strategies included saving money, getting out of debt, selling your home, continuing to work, and adjusting your expectations. We?ve already done deep… Continue Reading