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 [...]
Word on the Street
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What do Wahves say about WAHVE? Turns out they are delighted to be working with the forward thinking, innovative insurance firms that utilize their talents. One Wahve recently reported that in the current financial climate, she was not just happy to be productive and part of an energetic team, she was simply ecstatic [...]
Postponing Retirement? Actuaries Say It’s Not Easy
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There’s no doubt that many workers want to postpone retirement—so they can keep paying the bills, build retirement accounts and boost pension benefits. Many Americans today literally cannot afford to stop working, especially those with skimpy retirement plans.
But, weighing in on the trend, actuaries say that workers may be looking at postponing retirement through rose-colored [...]
“You’re Hired.” A Wish Come True for Boomers
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We are currently placing Wahves in agencies, brokerages, and companies across America. So even if the June employment numbers for the over fifty set weren’t great (see them here in AARP’s Bulletin), we, at WAHVE, are thinking they may not reflect the forward thinking insurance firms that we do business with.
And just wait [...]
Current Retirees: Highly Educated and Still Ambitious
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Here’s an excerpt from a report by the Employee Benefit Research Institute (www.ebri.org) where they state that “among those age 65 and older, labor-force participation increased for both males and females. Education is a strong factor in an individual’s participation in the labor force at older ages: Individuals with higher levels [...]
An economy that works: Job creation and America’s future
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The McKinsey Global Institute published a report recently focusing on the rapidly changing job market. Looks like they found out what Wahves already know!
“The US workforce will continue to grow until 2020, but under current trends, many workers will not have the right skills for the available jobs. Technology is changing the nature of work: [...]