Retirement

Brooks Brothers has put into practice a wise and true maxim: The older the better- at least when it comes to tailors. At its Long Island City factory, over half of the Brooks Brothers employees are over 55. Realizing that senior tailors make fewer mistakes and excel at their work,…

While you may not think of comedian John Oliver as a credible source of financial planning advice, in fact you need to do yourself a favor and watch the most recent episode of his show Last Week Tonight. In simple and stark (and yes hilarious) language, Oliver explains the pitfalls…

Seems like it may be time to say goodbye to the stereotypical images of retirement: the gold watch and the Florida winter getaways are quickly being replaced with consulting gigs, volunteer commitments and adventure travel. As one “retiree” has said, it’s now the age of “Consulteering.” Emotionally, it’s no easy…

While no one can predict your future, the chances of your needing help as you age, either in your home, in an outpatient setting or even in an institution, are fairly high. The help you need might be casual and low key, so that your costs will be modest, but…

No one enjoys planning for the possibility that they can no longer handle their own affairs. Yet this sort of advance planning is an essential way to ensure your wishes are respected and your finances are in order. One easy to use tool is the Durable Power of Attorney form…

With the explosion of aging baby boomers, millions are now contemplating their retirement. But for a sizable number, that could mean living decades beyond their last day of work. Given this stark demographic, is the concept of retirement a flawed idea? According to a new piece in the Harvard Business…