Tag: retirement
Older workers may have every intention of deciding when they’ll retire, but economic conditions can undermine their well-laid plans. A new study investigating whether macroeconomic events “leave workers with less control over their retirement timing” found that various transitions from career jobs into retirement sharply accelerated during periods when more Americans, including more older workers,…
When dementia enters an elderly couple’s home, it can bring financial mismanagement with it. But since both spouses don’t usually become cognitively impaired at precisely the same time, couples have the option of turning over the household financial responsibilities to the person who’s not yet impaired. The question is whether this transfer of control happens quickly…
