Tag Archives: Retirement

Michael Caine Announces Retirement from Acting | PEOPLE.com

“I haven’t retired and not a lot of people know that,” Michael Caine wrote on Twitter, after alluding to his retirement from acting

By Glenn Garner October 15, 2021 09:15 PM

Screenshot from article…

Michael Caine is taking his final bow.

The two-time Academy Award winner, 88, announced his retirement from acting Friday on the BBC Radio show Kermode and Mayo’s Film Review, following what will be his final onscreen appearance in the new film Best Sellers.

“Funnily enough, it has turned out to be what is my last part, really,” he explained. “Because I haven’t worked for two years, and I have a spine problem, which affects my legs. So, I can’t walk very well.

Source: Michael Caine Announces Retirement from Acting | PEOPLE.com

10 Things Retirement Communities Won’t Tell You | Next Avenue

From hidden fees to whether there’s a doctor in the house, do your research

By Elizabeth O’Brien and MarketWatch

(This article appeared previously on MarketWatch.com.)

Photo by Monica Silvestre on Pexels.com

These are 10 things retirement communities won’t tell you.

If you’re looking for one, be sure you know about them.

1. You’ll need a Ph.D. to tell us apart. Active-adult communities, assisted-living facilities, continuing-care retirement communities — that’s just the tip of the jargon iceberg for places people 55 and over might spend their golden years.

And since each facility uses different terms and has different pricing structures, comparison-shopping becomes very difficult. “You can go crazy learning the terminology,” says Karyl Cafiero, 61, of Brooklyn, N.Y., who has researched communities for her mother-in-law.

The senior housing industry has largely recovered from its slump during the Great Recession, when many prospective residents couldn’t relocate because they couldn’t sell their homes.

Assisted living facilities and continuing-care retirement communities aim for occupancy rates between 90 percent and 95 percent and are currently at the lower end of this range, says Andrew Carle, executive-in-residence at the program in senior housing administration at George Mason University in Fairfax, Va.

Source: 10 Things Retirement Communities Won’t Tell You | Next Avenue

The Villages is a retirement ‘paradise’ — so why is that a problem? – MarketWatch

More older adults realize that intergenerational connections are not just valuable for them but for their communities and country.

By Paul Irving, Last Updated: Sept. 25, 2021 at 8:17 a.m. ET, First Published: Sept. 21, 2021 at 4:58 a.m. ET

This article is reprinted by permission from NextAvenue.org.

Residents watch presidential election returns at an Election Night party organized by a group called Villagers for Trump.
AFP/Getty Images

The Villages, a master-planned retirement community in central Florida, is the fastest-growing metropolitan area in the U.S., we learned from the 2020 Census.

In a demographically changing and urbanizing America, this predominantly white, politically conservative stronghold bucked the trend as retirees lured by warm winters and pastel-hued homes surrounded by golf carts and pickleball courts, flocked in.

We are all free to choose how and where we want to live, of course, and new housing solutions for the rapidly growing population of older Americans are needed.

But, to be honest, if communities like the Villages represent the future of aging, please count me, and many of us, out.

Source: The Villages is a retirement ‘paradise’ — so why is that a problem? – MarketWatch

Baby boomers retiring will affect the economy – here’s how | MSN money

By Alan Jones, 6 days ago

1 of 21 slides

Baby boomers retiring will affect the economy – here’s how North America went through a period known as the ‘baby boom’ after World War II, in which birth rates shot up dramatically for about two decades.

The first members of this generation reached retirement age in 2011, and the continued departure of baby boomers from the labour force is impacting the economy in interesting new ways.

Editor’s Note: See the link below to see the slideshow story…

Source: Baby boomers retiring will affect the economy – here’s how

The Simple 4 ETF Retirement Portfolio – ETF Focus on TheStreet: ETF research and Trade Ideas

This group comes with ultra-low fees, strong diversification and flexibility that would be appropriate for many retirees.

By David Dierking, Aug 19, 2021

Schwab U.S. REIT ETF (SCHH)

With more than 2000 different ETFs to choose from currently, retirees can position their portfolio in almost any way they want by targeting or overweighting just about any region, sector, theme or strategy they can imagine.

One thing the ETF industry does perhaps the best is exactly the opposite of variety – simplicity.

If you want a widely diversified portfolio that hits on all the major asset classes, ETFs can do it.

Better yet, you can have this kind of core portfolio for a cost of next to nothing. According to ETF Action, there are currently more than 70 different ETFs that charge 0.05% or less annually.

Source: The Simple 4 ETF Retirement Portfolio – ETF Focus on TheStreet: ETF research and Trade Ideas

Best and worst states for military veterans | Atlanta journal-constitution

Georgia News | May 24, 2021, By Nancy Clanton, The Atlanta Journal-Constitution

Photo by Pixabay on Pexels.com

This coming weekend is about honoring our military personnel who died serving our country, but we can’t forget about those who retire and return to civilian life.

Even without a pandemic, retirement from the military is always difficult, with many retirees facing major struggles that include post traumatic stress disorder, disability and homelessness.

These veterans must also consider how state tax policies on military benefits vary, along with the relative friendliness of different job markets and other socioeconomic factors, when choosing a state in which to settle down.

In order to determine the best and worst states for military retirement, financial website WalletHub compared the 50 states and the District of Columbia across three key dimensions: economic environment, quality of life and health care.

According to WalletHub’s analysis, the best state for military retirees is Virginia, with a score of 61.05. South Carolina, Florida, South Dakota and Alaska, in that order, round out the top five.

Georgia finished No. 19 overall, with a score of 53.18. Although the Peach State was No. 8 for economic environment — coming in fifth for most job opportunities for veterans — and No. 19 for quality of life, it was No. 34 for health care.

Continue reading Best and worst states for military veterans | Atlanta journal-constitution