New York Times Special Section

The October 15, 2009  issue of the New York Times featured a special  section (F) of eight articles on retirement issues.

Can you make the transition to living on reduced retirement savings?   In The Magic Word is ‘Focus’ , a 4 step holistic approach is recommended:  1)  ENVISION  – before making the transition, people should envision their lives in retirement.  2) TRACK SPENDING -  improve flexibility through meticulous record-keeping of all incoming and outgoing monies. 3)  CUTTING BACK -  evaluate whether your resources can accommodate your retirement goals.  4) DIVIDE YOUR MONEY – separate your savings  into ”buckets” that are designated for different tasks.

In Target-Date Funds, Hidden Homework  challenges the assumptions and benefits underlying target-date funds in light of the 2008 market collapse.    Ways to Ease the Pressure of a Cash Crunch  takes on liquidity issues during retirement.

Retirement savings accounts are the topic in  Deciding whether a Roth is right and Rethinking the 401 (k) if there is no company match. 

Use the links above to access the online version of the above articles, or visit the library and ask for assistance in locating the print issue.

Baby Boomer Retirement Guides

and more can be found on the website, RetirementRevised.com 

Published and edited by Mark Miller, author of the syndicated column Retire Smart,  the site focuses on the reinvention of traditional retirement–how the baby boom generation is revising its approach to careers, money and lifestyle after age 50. 

Guides on retirement planning, jobs, benefits and saving & investing are offered as well as links to retirement topics in the news.  Retirement calculators, book recommendations as well as job hunting tips for workers 50+ are included.