Retirement news you may have missed.
‘It is an act of insanity to stay in the U.S.:’ Why this 63-year-old teacher ditched Massachusetts to retire in the highlands of Panama: Not everybody wants to move to Florida when they retire. Some people want to move even farther away, and they have some very strong opinions as to why.
Americans get this wrong about retirement saving — and what they can do to make it right: The New School’s new podcast provides context for why Americans may not feel confident about their retirement… and the message is clear: it’s not all their faults.
Big worries about the debt load of older Americans: Debt at any age can be crippling, but it is especially worse for older Americans when they live on a fixed income and have passed their peak earning years.
Also on MarketWatch:
Women struggle to balance careers and caring for aging parents
An empty nester wonders: How do I get started saving for retirement?
10 mistakes nearly everyone makes when saving for retirement
What retirement crisis? Number of 401(k) and IRA millionaires hits record high
What I wish I knew when I retired
Nearly 2 years into early retirement, here’s all that I’ve gotten wrong
These 4 factors explain why 401(k) balances are so far below their potential
More in retirement news:
Stop fighting, start planning: How to build a retirement that satisfies both spouses (Yahoo! Finance)
Here are the best, worst Florida cities to retire in: Report (Fox Business)
What they’re not telling us about our retirement savings (Forbes)
Fearful of an impending recession? Here’s what you need to know if you’re near retirement or retired (Washington Post)
Iowans working past ‘retirement age’ (Iowa Public Radio)
Retirement planning: Enrolled agents are another option for tax help (Arizona Daily Star)
Research and Insight:
10 jobs with the best retirement benefits (Employee Benefit Adviser)
Fund your retirement or their college education (TheStreet.com)
Survey: Less than a third of Americans have increased their retirement savings rate this year (Bankrate.com)
53% of parents are making this big financial blunder (Motley Fool)
Millennials’ retirement prospects are grim, requiring action from political leaders now: study (OregonLive)
Whether married or single, this is how women are financially vulnerable in retirement (CNBC)
To share with your family, friends and clients:
Most Americans are unprepared for retirement — here’s how to fix that
Millennials are the new face of the retirement crisis
Social Security is already in trouble — and a payroll-tax cut might only make it worse
How one millennial managed to save almost $1 million in 10 years without ever earning a salary or more than $75,000
How to set your conventional retirement plan on FIRE
The $51,000 mistake thousands of retirement savers have already made
These midlife entrepreneurs share the secrets to their success