No Joke: Old Guys (and Gals) Rule
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Comedian Jimmy Fallon cracked the following joke in his opening monologue on Wednesday, Feb. 1, 2012 on his show “Late Night With Jimmy Fallon”:
“At age 64, Giants coach Tom Coughlin could become the oldest coach to win the Super Bowl. Instead of saying ‘I’m going to Disney World,’ he’ll be like: ‘I’m going to walk [...]
A Growing Niche: Working Retirees
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The headlines come nearly every week: A poll or survey shows that boomers are anxious, worried or at the very least concerned about their ability to have enough retirement savings to actually retire.
The articles cite as the causes of concern for boomers:
1) the economic slump
2) struggling home prices
3) stock market uncertainties
4) high unemployment, and/or
5) job [...]
The Mature Mind (Part 3): Older People Flex Their Flexibility
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The Mature Mind: The Positive Power of the Aging Brain is a book by Gene D. Cohen that literally causes one to questions traditionally held beliefs about aging, retirement and working. Cohen makes the case for the value of seasoned workers: “Healthy older brains are often as good as or better than younger brains in [...]
The Mature Mind (Part 2): Forget What You Learned; Remember That Your Brain Can Change
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The Mature Mind: The Positive Power of the Aging Brain by Gene D. Cohen notes that it’s commonly accepted that:
- The brain doesn’t grow new cells.
- “Older adults cannot learn” like young people can.
- “Connections between neurons are relatively fixed” during a person’s lifetime.
- Intelligence is a result of “how many neurons” a person has [...]
The Mature Mind (Part 1): Your Brain Never Retires
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You don’t stop learning, you don’t stop changing and your brain doesn’t stop adapting.
Those are key takeaways from The Mature Mind: The Positive Power of the Aging Brain by Gene D. Cohen.
This groundbreaking book provides much guidance for marketers, employers and family members dealing with those over age 50.
Cohen’s book points out that “with age [...]
WAHVE is ahead of the Wave
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This article, Falling in the Home Stretch published by Transamerica Retirement Management, is just another example of WAHVE’s prescience as respects the need for a working retirement. Their findings suggest that companies are worried that their employees’ retirement funds may be seriously lacking. They uncovered the following:
• See significant problems on the horizon for those [...]
Employers Say to Older Employees: We Like You
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Baby boomers might start to feel like Sally Field.
The actress, well known for her role in ABC TV series The Flying Nun from 1967-70, made an earnest speech at the Academy Awards audience while winning an Oscar for her starring role in the 1984 drama Places in the Heart. Famously, Field gushed: “… I’ve wanted [...]
NORCs on the Loose
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The changing U.S. economy continues to impact how people work and live. Smart Money magazine recently covered the trend of NORCs (naturally-occurring retirement communities).
The article notes: “… a report by the Congressional Research Service says [NORCs are] ‘communities with a large proportion of older persons [typically 55 to 65 and up] residing within a specified [...]
Retirement: Americans Not Getting It Done
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In just a couple of years, Americans’ views on retirement have changed dramatically: “40 percent of respondents now expect to work longer and retire at an older age since the recession began,” reported the recently published 12th annual retirement survey from the Transamerica Center for Retirement Studies.
Noted a news release about the study: “For many [...]
The Next Big Financial Product: Your Nest Egg, Annuitized?
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“Annuitize.” That’s financial jargon for taking a lump sum of money and spreading it out into a series of regular future payments.
And it’s the next big horizon for financial services companies.
Noted The Wall Street Journal in a recent news article:
“Some of the industry’s biggest players are introducing free or low-cost services that will help you [...]