Retirement Weekly: News and analysis for those planning for or living in retirement

From MarketWatch:

I’m 63 years old, recently divorced and have $130,000 in debt. How will I ever retire?: Divorce can be detrimental to a person’s finances, let alone their visions of old age. But not all is lost — these are some ways to climb out of this stress.  

How seniors can thrive in a cashless world: Technology is advancing, with more and more ways to pay beyond cash and credit cards. Here’s how to keep up. 

COVID-19 has prompted a boom in retirement savings: Not everyone has had the luxury of saving, but those that have had that opportunity took advantage of it. 

Also on MarketWatch:

The market will collapse ‘by the end of June’? Really? 

Biden’s tax plan and your 401(k) 

Is your doctor getting paid to prescribe you a drug? How to find out if there’s a conflict of interest 

Having a dress rehearsal before moving in retirement can be a real eye-opener 

Why your bubbly optimism isn’t helping, and can do more harm than good 

Three common mistakes people make filing long-term care insurance claims, and how to avoid them 

Want a happy retirement? Have at least this many hobbies 

More in retirement news:

Teen accidentally moves into retirement village (NY Daily News) 

Will New York offer early retirements to public employees and teachers? (Time Herald-Record) 

Oregon retirement savings program offers national roadmap (Marketplace) 

Chile puts measures in place to mitigate retirement withdrawal risks (Pensions & Investments)

Inflation and retirement investments: What you need to know (Forbes)

Humanizing retirement for modern workforces (BenefitsPro)

Research and Insight:

10 Tips to get your retirement savings back on track after the COVID-19 pandemic (Real Simple)

Retirement-optimism survey finds elevated risk aversion among Black investors (Barron’s) 

What’s happened to retirement expectations during the pandemic (SHRM)  

Should we care about retirement confidence (National Association of Plan Advisors)

Retired people of color struggle with debt (Center for Retirement Research at Boston College) 

To share with your family, friends and clients:

The pandemic is pushing more Americans to retire 

Why you need a living will and a healthcare directive 

Older people are targeted by scammers — even their own family members. How to protect them 

$1 million? $500,000? The importance of your retirement ‘number’ — at any age 

How the pandemic changed the retirement landscape
Selling your home in retirement? 6 ways to come out ahead

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May 01, 2021 at 06:00AM
Alessandra Malito
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