Last week we asked you how confident you are in your retirement plan. Just under half (48%) of respondents reported that they were somewhat confident in their plan and 32% said they were not at all confident. There are many challenges facing those nearing retirement; the most signficant of course are the challenges of an economy with considerably greater volatility in stock markets and sustained near-zero interest rates. Increasing longevity also means that strategies that seemed sound a generation or more ago may no longer suffice. A recent study from AARP found that boomer women face greater financial challenges in retirement than men. Next week we will be hosting a web seminar sponsored by MetLife Mature Market Institute entitled Boomers and Retirement Decisions. This web seminar is free, open to everyone and includes complimentary CEUs. You can also check out the resources below for more imformation.
Executive Women Approaching Retirement: How Confident? How Pepared?
by Sandra Timmermann
From Next Avenue: The Retirement Crisis Facing Blacks and Latinos
by Nari Rhee
From AARP: Have You Saved Less Than $50,000 for Retirement? It's Never Too Late to Build Your Nest Egg
by Jean C Stezfand
Acknowledging there is little help available for mature workers, the U.S. Department of Labor supported a three-year Aging Worker Initiative (AWI),... Read More
We asked if you had experience with elder abuse and neglect in your work with older people and how you responded. Here's what you said... Read More