What is retirement age?
" Retirement is essentially a product of scientific invention and discovery, resulting in changing social roles and in the extension of life beyond the completion of conventional adult responsibilities" -Clark Tibbits.
Facts:
* Corresponding changes appear to have taken place in family life and occupations of older women.
* Retirement is a new phenomenon in society and challenges of a new way of life for most Americans.
* partial or complete retirement from task is a development, primarily of the last fifty to seventy-five years.
* Today, only about 42% of males and nearly 10% of female over 65 years of age are gainfully occupied.
" Retirement is essentially a product of scientific invention and discovery, resulting in changing social roles and in the extension of life beyond the completion of conventional adult responsibilities" -Clark Tibbits.
Facts:
* Corresponding changes appear to have taken place in family life and occupations of older women.
* Retirement is a new phenomenon in society and challenges of a new way of life for most Americans.
* partial or complete retirement from task is a development, primarily of the last fifty to seventy-five years.
* Today, only about 42% of males and nearly 10% of female over 65 years of age are gainfully occupied.
When You retiring, suggestion on what to do:
1) You’ll need to check your personal, company and State Pensions.
2) You must make sure you have enough income to provide for your needs in the future.
3) Find out when you can retire and where to get help with checking your pensions, savings and investments.
4)If you want to continue working but want to reduce the hours you work, you could consider working part-time.
5) Find out what your State Pension age is, about the possible benefits of working longer and how to request working past your State Pension age.
1) You’ll need to check your personal, company and State Pensions.
2) You must make sure you have enough income to provide for your needs in the future.
3) Find out when you can retire and where to get help with checking your pensions, savings and investments.
4)If you want to continue working but want to reduce the hours you work, you could consider working part-time.
5) Find out what your State Pension age is, about the possible benefits of working longer and how to request working past your State Pension age.
If you have retiree health benefits:
If you have retiree health benefits, you’re considered covered under the health care law. You don’t have to pay the penalty that people without insurance must pay.
If you have retiree coverage and want to buy a Marketplace plan instead, you can. But:
If you have retiree health benefits, you’re considered covered under the health care law. You don’t have to pay the penalty that people without insurance must pay.
If you have retiree coverage and want to buy a Marketplace plan instead, you can. But:
- You can’t get premium tax credits and other savings based on your income. This is true only if you’re actually enrolled in retiree coverage. If you’re eligible for but not enrolled in retiree coverage, you may qualify for premium tax credits and lower out-of-pocket costs based on your household size and income.
- If you voluntarily drop your retiree coverage, you won’t qualify for a Special Enrollment Period to enroll in a new Marketplace plan. You won’t be able to enroll in health coverage through the Marketplace until the next Open Enrollment period.
what's the perfect age to retired?
what's the perfect age to retired?
resources:
Dugan, Andrew. "Retirement Remains Americans' Top Financial Worry." Retirement Remains Americans' Top Financial
Worry. Web. 16 Dec. 2014. <http://www.gallup.com/poll/168626/retirement-remains-americans-top-financial-worry.aspx>.
Johnson, Richard W. "Retirement and Older Americans." The Urban Institute. 5 Dec. 2014. Web. 16 Dec. 2014. <http://www.urban.org/retirees/>.
Unknown. "Social Security." Full Retirement Age: If You Were Born In 1960 Or Later. Web. 16 Dec. 2014.
Unknown. Bloomberg. Web. 16 Dec. 2014. <http://www.bloomberg.com/image/iVqs7QkvGws8
Unknown. "Health Care Coverage for Retirees." HealthCare.gov. Web. 16 Dec. 2014. <https://www.healthcare.gov/retirees/>.
Wikipedia. "Retirement." Wikipedia. Wikimedia Foundation. Web. 16 Dec. 2014. <http://en.wikipedia.org/wiki/Retirement>.
Dugan, Andrew. "Retirement Remains Americans' Top Financial Worry." Retirement Remains Americans' Top Financial
Worry. Web. 16 Dec. 2014. <http://www.gallup.com/poll/168626/retirement-remains-americans-top-financial-worry.aspx>.
Johnson, Richard W. "Retirement and Older Americans." The Urban Institute. 5 Dec. 2014. Web. 16 Dec. 2014. <http://www.urban.org/retirees/>.
Unknown. "Social Security." Full Retirement Age: If You Were Born In 1960 Or Later. Web. 16 Dec. 2014.
Unknown. Bloomberg. Web. 16 Dec. 2014. <http://www.bloomberg.com/image/iVqs7QkvGws8
Unknown. "Health Care Coverage for Retirees." HealthCare.gov. Web. 16 Dec. 2014. <https://www.healthcare.gov/retirees/>.
Wikipedia. "Retirement." Wikipedia. Wikimedia Foundation. Web. 16 Dec. 2014. <http://en.wikipedia.org/wiki/Retirement>.
