Kiplinger Article Tells Us How Pick the Right Financial Planner – but Rajiv Nagaich Says That’s Not Enough

In selecting articles for the AgingOptions blog we often come across articles like this one from the Kiplinger financial website. In it, editor Mary Kane explains to retirees and those planning for retirement how to pick the right financial planner. As is often the case with articles like this one, Kane’s advice is fine –…

A Special Message from Rajiv Nagaich: In the Current Climate of Fear, Don’t Overlook the Urgency of Proper Planning

LATE BREAKING NEWS: As this article was being prepared, Washington Governor Jay Inslee ordered major restrictions on visits to nursing homes and care facilities. Except in end of life situations, long-term care residents will be limited to one visitor per day. These new rules affect some 55,000 state residents living in care facilities, according to…

Now What? Emotional Adjustment to Loss of Workplace Routine in Retirement Can Be the Hardest Part, Many Experts Believe

We recently heard from a friend of AgingOptions who lives here in the Pacific Northwest where we have our headquarters. The Puget Sound area had recently experienced a somewhat rare snowstorm that closed many roads, schools and businesses for a few days, leaving this man (and virtually everyone else) more or less house-bound. After 48…

Kiplinger Article Says There May Actually Be More to Retirement Planning Than Money!

Is financial planning all there is to preparing for retirement? As an AgingOptions blog reader and radio listener, you know the answer is, “Of course not.” Yet the way many people behave, you would think all you need to retire successfully is a pile of money. The truth is, we know many who have retired…

Thinking Through Retirement Ahead of Time is Essential if You Want to be Truly Prepared

Sometimes here at AgingOptions we feel like we’re repeating ourselves when we remind people that “retirement planning” and “financial planning” are not the same thing. Yet frequently we encounter intelligent men and women poised on the brink of retirement who seem to think that all it takes to retire successfully is to have a basic…

Are You Ready to Retire? Before You Answer, Make Sure You’re Asking the Right Questions

Are you ready to retire? That’s a question more and more baby boomers are asking themselves. Every day, 10,000 boomers reach retirement age, and the “leading edge” of the boomer wave is now well into their 70s. For those boomers not yet retired, the question looms large in their thinking: am I ready to retire?…

If the Parents Won’t Initiate the “Retirement Conversation,” Maybe It’s Time for the Kids Turn the Tables

Here at AgingOptions we often say that aging is a family affair – another way of saying that parents need to involve their adult kids in their plans for the future. We’ve seen too many families fall apart because mom and dad never made their wishes clear. Others have faced financial pressure because the parents…

Yet Another Industry Report Reveals What We Already Know: Boomers are Seriously Unprepared for Retirement

The articles seem to come out with depressing regularity, revealing the sobering truth: today’s boomer generation is woefully unprepared for retirement. This time here on the AgingOptions blog, we’re bringing two such articles to your attention, both based on data from a new financial industry survey. For those of you “with ears to hear,” we…

Spring is Here, and the Time is Now to Set Financial Goals for the Rest of 2019, says Motley Fool

Spring is here, that season when a young man’s (or young woman’s) fancy turns to thoughts of – financial planning? That’s true, if you subscribe to the advice we found in this very recent column on the Motley Fool website. Financial columnist Michael Aloi says right now is the ideal time to decide on the…

The Key to a Happy Retirement is Planning, Says MarketWatch – and Not Just Financial Planning

We’re always a bit skeptical here at AgingOptions when we encounter an article – especially in a financial website like MarketWatch – with a title like, “Everything You Need to Do Before You Retire.” Nine times out of ten, it’s an article about saving more, spending less, adjusting your portfolio, and so on. In other…