Can Empty Nesters Still Afford to Splurge?

News from the web: For Mary and her husband, Rick, the empty-nesting phase began with a few splurges aimed at getting them away from their suburban hustle and bustle. First, they bought a 35-foot RV for tooling around the Golden State on weekends, with their Jeep in tow. A couple of years later, they found a little five-acre ranch getaway not far from Napa Valley. And like a lot of empty nesters, they eventually brought some four-legged "children" into their lives. Read the whole story HERE visit us at RetiredResources.com

Five Questions Every Worker Should Ask Before Retirement

News from the web: Wall Street’s recent turmoil has many investors questioning whether they will have enough to retire the way they’ve always dreamed, or to retire at all, for that matter. Whether your post-work life is just around the corner or far away in the distance, there's never a bad time to reevaluate your definition of retirement: what it means ideologically and financially. Read the whole story HERE visit us at RetiredResources.com

Retired teachers return to classroom

News from the web: Teacher retirements may have doubled statewide in this year of Wisconsin budget wars, but some school districts are lessening the drain on classroom experience by bringing back teachers who left the classroom at the beginning of the summer. Peter Hirt, superintendent of the North Lake School District, said his district has hired two teachers who announced their retirement in March. Though the two are being paid at about the rate they would have been paid had they stayed on, Hirt said, the district is still saving money on their compensation - and would be even if the alternative was to hire replacements right out of college - because the district doesn't have to pay for their health insurance or contribute any more to their retirement fund. Read the whole story HERE visit us at RetiredResources.com

How cricketers cope with retirement

News from the web:

Retirement for cricket legends is a tough decision. And adjusting to a more sedentary life, or finding a vocation outside the pitch that would sustain them (not financially since most of them retire very rich these days) is even tougher. Even if a player retires extremely rich at 40, he is young enough by the standards of most other professions, and would probably be looking at 25 more years of an active professional career in some other field.

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Consider working some in retirement

News from the web:

When it comes to planning for retirement, my main recommendation is to first put down the 401(k) statements, and other pieces of financial information and ask yourself, "What is it you want out of the next stage of life?''

"Start with what you want to do," said Joel Larsen, a certified financial planner with Navion Financial Advisors in Davis, Calif. "And then focus on what you have to work with."

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Celebrating those older and wiser

News from the web:

Re-Live is the only theatre company in Wales working exclusively with older people, and is rapidly developing a reputation for quirky, passionate and truthful storytelling. Following the success of their performance at Bealtaine 2010, Re-Live bring their hit show, A Story to Call My Own, to Cork. Three older people take you on a rollercoaster journey through key moments in their lives. The show will invite you to think about your own story.

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Does Early Retirement Lead to Brain Fade?

News from the web:

Retiring early may ease your stress and give you freedom, but it probably isn't the smartest move if you hope to keep your mental edge.

In fact, quitting the workplace is likely to cost you IQ points, according to a nation-by-nation comparison of how cognitive abilities decline with age. The federally funded research, touted as the first of its kind, examined people between the ages of 60 and 64 -- a point in life when many Americans are still on the job, while individuals in countries such as Austria and France are often tending their gardens.

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Why Early Retirement May Not Be Your Best Option

News from the web:

The Great Recession has caused many to rethink their retirement plans. According to TIAA-CREF, the economic downturn has caused 37 percent of Americans to put off retirement. With nest eggs depleted, the prospect of dropping the 9-to-5 grind in favor of leisure and the glory of the golden years is now a distant dream.

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Turning 65, thinking about … working

News from the web:

Like a lot of other baby boomers turning 65 this year, Claudia Hamblin still works full time and says she's not ready for retirement anytime soon, emotionally or practically.

"I probably won't ever retire totally," said Hamblin, a school nurse. "There are a million avenues open and lots of ways to work and still have plenty of free time for vacation."

Such a positive outlook may run counter to recent surveys that found many boomers depressed and worried about their financial futures.

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Fewer Older Workers Postponing Retirement

News from the web:

While the percentage of workers 60 and older who are postponing retirement fell in a survey released Wednesday by CareerBuilder, almost two-thirds of older workers still say they will put off retirement because they can't afford it. One year ago, 72% of workers over 60 said they couldn't afford to retire.

CareerBuilder surveyed over 500 workers 60 and older and found 28% said they would retire in the next two years.

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Top 10 Best Places where you can enjoy your retirement

News from the web:

Every day, we come closer to our retirement. You might still be young and trying to save for it. Or you might have just said goodbye to your colleagues as you spend your last day at work. If you are planning to have a different environment during your retirement, you may be considering spending it in another country. Here are some of the best places to retire:

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Keep Moving to slow aging

News from the web:

Two more studies have confirmed that regular exercise has numerous benefits, including the possibility that it may delay the onset of aging.

The first study, from the British Journal of Sports Medicine, found that 20 minutes of exercise that leaves you breathless — even strenuous cleaning — could improve mental health. Another study from the University of Toronto found that regular aerobic exercise in middle age and beyond trains the body to use oxygen more effectively in generating energy, which seems to delay biological aging by as much as 12 years.

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