Retirement

When Boomers faced career crises in the 1980s, they read the bestseller, “What Color Is Your Parachute?” Now, as they approach or enter retirement, they face a new question: “What color is my retirement? Green, yellow or red?” A simple financial formula—a kind of litmus test—can help you answer that question. First, estimate the value
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Faster networks might be the difference between life and death. That’s not hyperbole. Nor is it the declaration of a teenager desperately refreshing their social media pages, hoping to gain more “likes” on their posts. Faster connectivity could revolutionize industries we might not have even considered as being connected. Lack of tech prevented innovation in
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The National Institutes of Health (NIH) announced results of a large clinical trial last year that found that a daily low-dose aspirin in healthy older adults didn’t prolong life or help prevent heart disease, physical disability, dementia, or stroke, and that aspirin doesn’t have the same benefits for healthy older adults as scientists once thought.
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Portrait of beautiful senior woman sitting in cafe and uses a mobile phone Getty Older workers are surely thinking about working longer since they are approaching retirement with a median retirement wealth balance of about $15,000. Some cities and regions are more friendly to older workers than other places. There are many stories about where
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Risk. Getty Last week the Bureau of Labor Statistics (BLS) substantially altered the economic picture when it reported revised numbers of total jobs created over the last year. The revision was substantial—private-sector job creation had been overestimated by more than 500,000 jobs in 2018. The revision helps explain some odd phenomena—like wages not increasing rapidly when the
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Digital transformation brings transparency, speed and a world of opportunity to entrepreneurial companies. Intercontinental Exchange, an operator of commodity and stock exchanges, reported spectacular financial results on Aug. 1, and managers have plans to disrupt other lucrative markets soon. ICE, according to their website, “builds, operates and advances global markets through information, technology and expertise.” Stock market
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Photographer: Brendon Thorne/Bloomberg © 2015 Bloomberg Finance LP Disney’s opening of dozens of shops inside Target will add buzz to the retail giant’s brand. It will bring more traffic to Target stores and add to the company’s revival already underway. Last week, Target reported strong in-store and online sales, thanks to big investments in technology
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null Getty $21. $21 per hour times 44 hours per week times 52 weeks per year = $48,048. $21 per hour times 24 hours per day times 365 days per year = $183,960. That’s the cost, at median, for homemaker-type elder care services in the case of an individual requiring daytime care (e.g., when the
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