There is a new report that forecasts which industries or sectors that will be the more than likely to make new jobs for older workers and employ older workers. The majority of the job expansion will be within the social sector, including govt/administration, health care, education, and social assistance jobs. Are you searching or planning for different career choices after retirement? Many baby boomers are getting to be bank tellers, security screenwriter, tour guides, home care assistants after they entered their retirement age. We’re certain you will come across job fulfillment and benefits in several of the occupations we are going to recommend for your golden years. (more…)

Periodic additions to income payments that enable recipients to purchase the same amount and quality of goods and services over time despite inflation. As experienced by older Americans, Cost of Living Adjustments are annual increases to Social Security benefits and other income payments that reflect the previous year’s inflation rate in urban areas. Although a common perception is that older persons dependent on Social Security are protected from losing purchasing power, in actuality, after a few years they often cannot maintain the level of retirement standard of living they had upon retirement and experience increases in their cost of living greater than increases in their retirement income. (more…)

Some early retirement survey focused almost exclusively on men when making retirement decision. Until recently, woman may have some decisiveness which affected retirement decision for her and her husband. Recognition of the difference point of view add some complexity on making retirement decision. Off course, the retirement decision is varied beyond gender and economic issues. Substantial differences in health condition, employment market, family finance situation, and care giving responsibility can lead to the differences timing of retirement. (more…)