“Til Death Do Us Part”: Married Couples Approaching Retirement Have Some Work to Do to Make Certain They’re On the Same Page

Back in mid-2018, we found a pair of articles that shone a spotlight on a highly important but frequently overlooked aspect of retirement planning: spousal harmony. If you and your spouse have conflicting visions of the what, when and how of retirement, you could be on an emotional collision course. It’s far, far better to…

If You Worry Too Much About Not Being Able to Afford Retirement, Maybe It’s Time for a Fresh Approach

We know from experience here at AgingOpti0ns that millions of Americans approaching retirement age are worried – about health, about family, and mostly about finances. And while we remain strong advocates of careful planning, sometimes we run across an article that reminds us that there’s a lot more to retirement than money. That was our…

Are Your Aging Parents Unprepared for Retirement? Here Are Some Steps You and Your Siblings Can Take to Help

We focus a lot of our energies here at AgingOptions in helping people prepare well in advance for retirement. Our philosophy is simple: we believe that, with a comprehensive and strategic plan in place – a plan we call a “LifePlan – just about anyone can enjoy their retirement years securely, knowing that they won’t…

Wives Facing Retirement Alone Will Experience Emotional and Financial Challenges – So Couples Need to Plan Ahead

It’s difficult for a married couple to visualize what the future will be like when one spouse has passed away. After all, today you’re both healthy and looking forward to enjoying many years of retirement together – and God willing, that’s what will happen. Nevertheless, at some point it’s a virtual certainty that one of…

Should You Buy or Rent in Retirement? Consider These Three Reasons Why Renting Might Be the Smarter Choice

Here at AgingOptions, as we walk people through the LifePlanning process, one of the issues we tackle is the question of housing. The great majority of seniors are firmly convinced that the ideal housing choice for them is the place they’re living today: surveys conducted by AARP show that nearly 90 percent of adults 65…

You’re Heading Toward Retirement When a Personal Financial Crisis Hits – How Do You Recover?

Any true sailor knows how a sudden change in the weather can turn a pleasure cruise into a frightening experience. In much the same way, as you’re sailing on toward retirement, you might be hit by a sudden squall – or possibly even an all-out hurricane. The personal financial crisis may come in the form…

Retirement Planning is a long street!

A Bed of Roses or a Briar Patch? Your Future Depends on Avoiding These Five Retirement Mistakes, Says Kiplinger

Here at AgingOptions we run across retirement-related articles all the time that are about financial planning and little else. As Rajiv Nagaich has said repeatedly, a retirement plan and a financial plan are simply not the same. Having plenty of money is no guarantee of retirement satisfaction – on the contrary, unless you plan carefully…

New Study Finds Closer Alignment Between Intentions and Reality When It Comes to Working in Retirement

Here at AgingOptions we’ve reported several times (most recently in recognition of Labor Day 2019) about the disconnect between intentions and reality as people facing retirement think about work. Many surveys have shown that men and women are generally too optimistic about their ability to keep working in retirement, or about their hopes to phase…

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…

Retiring with Debt? Consider These Three Ways to Make Your Debt Load More Manageable

Most people approaching retirement age probably dream about retiring debt-free. Entering retirement without the burden of debt is certainly the ideal – but if you think it’s the norm, think again. The reality is, about seven out of ten households headed by those in the 65-74 age group are carrying at least some debt load,…