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…

“Bored Boomers” Are Beginning to Ask, “Is Today’s Retirement Model Irrelevant?”

The so-called modern view of retirement is pretty straightforward. You start your work life with a series of jobs in your late teens and early twenties. Eventually you settle into your “life’s work” and follow that journey for four decades or so, saving money along the way. Sometime in your late sixties, certainly by age…