Tag: baby boomers
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Fluctuations emphasize the importance of Social Security as base retirement income. The recent gut-wrenching falls in the Dow Jones Industrial Average and other market indexes highlight the terrifying nature of our employer-based retirement system. Yes, stocks over the long run have performed well, and the Dow will inevitably recover. But with the aging of t…
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Gray, small, and distinctly female. This is what the director of MIT’s AgeLab, Joseph Coughlin, sees when he peers into the future of retirement. “The context and definition of retirement is changing,” Coughlin said earlier this month at the Retirement Research Consortium meeting, where nearly two dozen researchers also presented their Consortium-funded work on a…