Lim, Paul J.,
The New Retirement Journey. Paul J. Lim. - U.S. News & World Report, 2003. - SIRS Enduring Issues 2004. Article 54, Family, 1522-3213; .
Articles Contained in SIRS Enduring Issues 2004. Originally Published: The New Retirement Journey, June 2, 2003; pp. 49+.
"That sense of rolling with the punches is one familiar to many retirees and those nearing retirement today [2003], as a brutal bear market has slashed their investment portfolios while record-low interest rates have cut into the earnings of those dependent on a fixed income stream. Meanwhile, a moribund economy is causing more layoffs among those reaching their peak earnings--often in their last decade before retirement. Then there's the ever escalating cost of healthcare and prescription drugs, in particular, for which many retirees have no insurance. To counter these shocks, many dual-income households are staggering their retirements and cutting back on spending." (U.S. NEWS & WORLD REPORT) This article considers the difficulties and rewards of retiring in stages.
1522-3213;
Aged--Economic conditions
Depression in old age
Dual-career families
Grief
Insurance--Health--Costs
Postemployment benefits
Retirees
Retirement--Planning
Retirement income
Saving and investment
Widows
AC1.S5
050
The New Retirement Journey. Paul J. Lim. - U.S. News & World Report, 2003. - SIRS Enduring Issues 2004. Article 54, Family, 1522-3213; .
Articles Contained in SIRS Enduring Issues 2004. Originally Published: The New Retirement Journey, June 2, 2003; pp. 49+.
"That sense of rolling with the punches is one familiar to many retirees and those nearing retirement today [2003], as a brutal bear market has slashed their investment portfolios while record-low interest rates have cut into the earnings of those dependent on a fixed income stream. Meanwhile, a moribund economy is causing more layoffs among those reaching their peak earnings--often in their last decade before retirement. Then there's the ever escalating cost of healthcare and prescription drugs, in particular, for which many retirees have no insurance. To counter these shocks, many dual-income households are staggering their retirements and cutting back on spending." (U.S. NEWS & WORLD REPORT) This article considers the difficulties and rewards of retiring in stages.
1522-3213;
Aged--Economic conditions
Depression in old age
Dual-career families
Grief
Insurance--Health--Costs
Postemployment benefits
Retirees
Retirement--Planning
Retirement income
Saving and investment
Widows
AC1.S5
050