Retirement insights from a Colorado PERA perspective

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Retirement Roundup: What Is the Future of Work for Americans in Their 50s?

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A digest of timely information and insight about finance, investing, and retirement

The Future Of Work For People 50+ Will Surprise You | Forbes
By 2024, it is predicted that nearly one-quarter of the workforce will be 55 or older — more than double the share in 1994. What are the implications of these findings on soon-to-be retirees and those already retired? Fifteen forecasts for the future of work for Americans over 50 are examined.

Investment Trends: Many women think men are the better investors; they’re not | USAToday
Researchers are generally loathe to declare one gender as absolutely better than the other in investing, and other studies have shown men doing slightly better than women over other periods of time, but the figures underscore that women at least shouldn’t be too pessimistic about their own abilities.

People Underestimate Cost of Health Care in Retirement | PlanSponsor
PlanSponsor reports on a new Voya whitepaper that concludes pre-retirees aren’t fully prepared for the higher-than-inflation costs of retiree health care. Fortunately, PERA has partnered with Voya for the administration of the PERAPlus Plan (the 401(k) and 457 Plans) which includes access to the “myOrangeMoney Retirement Calculator” that has questions to assist in planning for health care in retirement.

Another way the rich get richer: Study shows a widening gap in life expectancy between rich and poor | LA Times
New research examines the impact of disparate mortality rates based on income and the resulting impact on Social Security. This opinion piece contains good information on how Social Security works.

A Third of Older Latinos Have Tapped Into Retirement Savings | U.S. News & World Report/AP
A poll says older Latinos are more likely than older whites or older blacks to say they’ve had to withdraw or borrow money from a retirement account, with a third who did so using the money to pay monthly bills including rent and utilities.

5 Ways to Start Planning for Retirement in Your 50s | Investopedia
Five sensible ways to ensure your retirement savings are on the right track.

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