Moving and Retirement

"Since 2012, a number of large pension plan sponsors have given selected participants a limited-time option of receiving their retirement benefits in the form of a lump sum. Although sponsors' decisions to make certain lump sum "window" offers may be permissible by law, questions have been raised about participants' understanding of the financial tradeoffs associated with their choice. This report focuses on 1) the prevalence of lump sum offers and sponsors' incentives to use them, 2) the implications for participants, and 3) the extent to which selected lump sum materials provided to participants include key information. " more »

This is what I miss, from my marriage, from my husband. The toe-to-toe enveloping, the hug. Tommy was low maintenance, helpful around the house, had interests that matched mine, and most importantly, thought I walked on water. I told my daughter, "I'm not ready to date, and I can't imagine sharing my new life with anyone, but I miss spooning. It's a bedtime perk I pine for." more »

The analysis takes the overall prevalence of certain professions nationwide and compares the expected concentration — relative to a state's population — with how many people are actually working in those jobs in a given state. The state of Hawaii has almost 13 times as many professional dancers than would be expected based on the national average. Florida has five times more professional athletes. Indiana, home to the Purdue University Boilermakers, has more than six times as many actual, working boilermakers. more »

Doris O'Brien writes: I never dreamed I'd be spending my retirement in a mall. Don’t get me wrong. I haven'’t become a shopaholic willing to squander my 401K distribution in the pursuit of materialism. To be more precise, I live above a mall, in a sixth floor, two-bedroom aerie with a panoramic view of Southern California’s San Gabriel mountains. more »