IBM executives called older workers ‘dinobabies’ in company emails, according to age-discrimination lawsuit: Age discrimination is rampant in the workforce, and sometimes it might be easier to spot than others.
Think you’re ready to retire? It’s not as simple as you might think: There are so many factors that go into exiting the workforce, from the financial to the emotional.
The pandemic may have changed everything, but workers are still saving for retirement: Many Americans have been hit hard by the COVID-19 crisis, but Fidelity Investments found in its 2021 fourth quarter data that workers were still putting away for their futures.
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Retirees, pay attention – inflation is on the rise
More in retirement news:
Solving the Income Challenge (Kiplinger)
Alabama Senate passes new tax exemption on retirement income (AL.com)
Social Security full retirement age stops changing in 2022. Here’s what you need to know (USA Today)
Ohio teachers delay retirement amid pension changes (NBC4)
Biden DOL asks if climate risks imperil retirement savings (Barron’s)
Haven’t saved for retirement? Here’s how you can catch up (VICE)
Research and Insight:
Older adults’ savings took a beating in 2021: Study (ThinkAdvisor)
The most important retirement table you’ll ever see (The Motley Fool)
Global retirement assets hit $56.6 trillion in 2021 (Pensions & Investments)
The seven habits that lead to happiness in old age (The Atlantic)
Mortgage payoff frees up money for meds (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
I took Social Security at 62 and now regret it. Is there a way to increase my Social Security benefit?
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This fail-safe protection against inflation is back
Inflation is making some seniors choose between food and medications – what you can do
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We want to retire to a place with lots of cultural activities, a beach and a major airport. Our budget is $4,000-$5,500 a month, including rent – so where should we look?
Will ‘unretirement’ solve the labor shortage?