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From MarketWatch:
New York City wants its retirees back – and the feeling is mutual. This new program matches jobs with experienced workers: City retirees are paired up with local agencies and can earn as much as $35,000. They also get to keep their pension.
Two simple tasks to do right now if you’re in your 50s and planning for retirement: The 50s can be your “runway decade,” where you see the destination in the near future, but you still have time before take-off.
You’re worrying about the market, but it’s just one of the 5 big perils retirees face: Yes, stock market volatility can be scary, but so are a few other factors you need to consider when retiring.
Also on MarketWatch:
Planning a big trip for the holidays? How to make sense of travel insurance.
What you need to know about Medicare
A few simple rules for eating after 50
Dr. Fauci is leaving his government jobs – all Americans owe this man a debt of gratitude
The crushing financial penalties for marriage in your later years – courtesy of Uncle Sam
Were your student loans forgiven? Here’s where to put some of that extra cash now
Are you saving more than you need for retirement?
More in retirement news:
How to catch up on retirement savings at any age (Advisor Perspectives)
6 types of retirement income that aren’t taxable (GOBankingRates)
Best time of the year to retire for tax purposes (Bankrate)
How to budget your money as a divorced woman (TheStreet)
How athletes are redefining retirement (NPR Illinois)
Retirement withdrawal tax isn’t a penalty, second circuit says (Bloomberg Law)
Research and Insight:
Report finds mixed impact of pandemic on retirement rates (FEDweek)
Georgetown identifies 6 themes of a ‘no normal’ retirement (The Derrick)
Public pension benefits support small towns across America (Forbes)
Older workers’ retirement expectations remain intact despite COVID (NAPA)
Oregon’s retirement IRA is making progress (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
6 things that could change your mind about retiring early
‘You don’t want to die at your desk sending an email.’ Beyond the numbers, are you ready to retire?
How are public pensions faring with falling markets and rising inflation?
Calculating Social Security: Should WEP and GPO be eliminated?
Medicare Part A is facing a shortfall. Here’s how that could affect you.
You have to empty a family house full of stuff. Here are the best ways to do it
9 ways the Inflation Reduction Act affects Medicare coverage, and what it means for you
Retirees are getting squeezed out by big rent increases – here are some ways to combat it
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