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The New Retirement Journey. Paul J. Lim.

by Lim, Paul J; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 54Family. Publisher: U.S. News & World Report, 2003ISSN: 1522-3213;.Subject(s): Aged -- Economic conditions | Depression in old age | Dual-career families | Grief | Insurance -- Health -- Costs | Postemployment benefits | Retirees | Retirement -- Planning | Retirement income | Saving and investment | WidowsDDC classification: 050 Summary: "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.
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REF SIRS 2004 Family Article 54 (Browse shelf) Available

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.

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