New York Times Report: Coronavirus Pandemic Is Forcing Many Older Workers Into Retiring Earlier Than They Had Planned.

You’ve been working hard all your life, and over the past several years you’ve formulated a clear timeline for retirement – a plan that has withstood upsizing, downsizing, recession, and a whole host of financial challenges. But now, as you’re approaching that chapter of your work life where your plans start to come to fruition,…

Dreaming of Celebrating Independence Day in the “Perfect” Retirement House? Before You Move, Ask Yourself the Right Questions!

Happy Independence Day from your friends here at AgingOptions! Do your “Independence Day” dreams include seeking out some personal freedom in your retirement future?  Your visions may include breaking away from the familiar and moving to that “perfect” house in your favorite vacation spot or sunny hideaway. But before you take the plunge and commit…

Have You Been Offered an Early Retirement Buyout? Before You Accept, Complete This 6-Step Checklist from Money Magazine

The ripple effects – or should we say, the tidal wave – of economic changes caused by the coronavirus pandemic continue to roil the U.S. economy.  Even as companies slowly get their people back to work, many are realizing that things will never again be the same as they were as recently as five short…

Retiring Early May Sound Like a Dream Come True – but Before You Make It Your Goal, Consider These Drawbacks

We’ve all seen the articles, usually accompanied by beautiful photos of attractive middle-aged couples on an exotic beach at sunset. “This could be you,” the caption reads. “Simply follow our advice and you can retire early!” But while early retirement may be the dream of many people, there’s an old saying that goes, “Be careful…

Retirement Fears are Running Rampant, Said Forbes One Year Ago – but the Cure Could be as Simple as a Solid Plan

About a year ago when we first brought you this story about retirement fears, we began with the question, “What are you afraid of?” Who could have guessed that today we would be facing a worldwide pandemic that has brought the economy to its knees, decimated retirement savings, and created a level of uncertainty that…

“Retirement Day One”: If You’re Afraid to Retire, Consider Easing Your Way Into It With the Three C’s

There are plenty of people – and maybe you’re one of them – who think about retirement for decades while still working, only to be terrified by the prospect as the date draws closer. Recently we read this article on the topic of retirement fears on the NexrAvenue website. Author Connie Baher, a nationally-known career…

Couples and Retirement: If You and Your Partner Are On the Same Page Concerning These Topics, You’ll Avoid Trouble Ahead

Comprehensive retirement planning is essential if you’re going to enjoy the kind of life you’ve always wanted after you stop full-time work. But if you’re married or otherwise in a long-term relationship, the title of the old song comes to mind: “It Takes Two.” This recent article from NextAvenue is a timely reminder that couples…

“Bored Boomers” – 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…

Transamerica Survey Says Over One-Third of Seniors Report Declining Financial Health in Retirement

If retirement is on your horizon, you’ve probably been spending a lot of time wondering how well your finances will hold up once you cut the ties to full-time work. For many retirees, the financial transition to retirement turns out fine. However, that’s not always the case, according to this early 2019 article from Motley…

Putting Things Off, Acting Too Rashly, Retiring Without Purpose – Some of the Pitfalls to Avoid on the Road to a ‘No Regrets’ Retirement

Years ago, we ran across this little poem: “Of all the words of tongue or pen/The saddest are these: ‘It might have been.’” Many of us go through life with regrets. When we’re younger, we usually have more time and energy to revisit those old “might-have-beens” and redeem the situation. However, once we enter our…