The secret to a reasonable retirement: flee the country
As America ages—and it’s really aging—America’s newspapers and websites are churning out lists of great places to retire. Sadly, these survey stories are meaningless for a large proportion of older folks because (as reported a few weeks ago) a staggeringly high percentage of Americans have only a pittance set aside for retirement....
More magical thinking about retirement
The seventh annual Retirement Survey from Wells Fargo, released last week from the company’s headquarters on top of its huge mountain of government money, is thought-provoking. But not in a good way. It is thought-provoking because it reveals so much recklessness, fecklessness, and denial. And those qualities make us stop...
Americans recalibrate retirement expectations, plan to spend more time hanging around doing nothing special
In this month’s least surprising research results, a new retirement readiness survey released by Ameriprise Financial finds that Americans are feeling less sanguine about what retirement is going to look like. The New Retirement Mindscape 2011 City Pulse index (which incidentally is also this month’s most excitingly titled study) looks...
Worst state for retirees?
The San Francisco Chronicle has published its list of the five worst states to retire in, based on “taxes, crime, cost of living, weather and quality healthcare”—an eminently reasonable set of criteria. The list of losers includes a couple of surprises, including Nevada (heat,...
