If “work” is the new “retirement”, how do we prepare for this eventuality?

"Work" "Retirement". Up to now, these two words have been thought of as being mutually exclusive. However, in the new world we live in, this reality is gradually changing. Work might as well be the new retirement. What are the long term implications of this new reality? Not just for the society as a whole, … Continue reading If “work” is the new “retirement”, how do we prepare for this eventuality?

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An in-depth look at the current retirement planning environment

This brief and detailed report by the Center for Retirement Research at Boston College provides an in-depth, holistic look of the landscape of retirement planning in the current economic environment. A few observations that should not come as a surprise to most readers: 1) It is ever more increasingly difficult to put money away in … Continue reading An in-depth look at the current retirement planning environment

The annuity conundrum

Despite its potential as an income generating instrument during retirement, there is a general discomfort by many people in using annuities. The attached article by CRR Boston College provides a good outline of the issues that people grapple with in relation to annuities. What are the psychological barriers that make this an emotional, instead of … Continue reading The annuity conundrum