This article examines the psychological disconnect between retirement income and assets. According to the author, we fret the reduction in our retirement assets that are producing retirement cash flow instead of regarding these funds like a pension. Good read.
For those of us who provide financial mediation for separating clients, this NYT article offers some great questions to help focus the discussion on money and values around money.
For older entrepreneurs- there is good news- you can get through the “concrete ceiling”. Given the uncertainties of ongoing employment after 60, some boomers need to retool at retirement. And what is retirement? Maybe it is a new beginning.
Advice from “grey divorce” couple after 30 years of marriage- when you separate, don’t play the “blame game”, stay civil and treat each other well. This is an interesting story of how a couple met, how they lived their lives together and then how they lived their lives apart. A strong endorsement for mediation where they chose civility over money.
A Harvard study has been able to peg the single factor that is behind many cases of divorce and broken marriages in America: having a job.
Boomers and their ongoing influence on the economy.