NEW YORK — If you build it, they will stay. The small businesses that dominate the home remodeling industry are expecting robust growth in the next few years, thanks partly to baby boomers who want to remain in their homes. Home remodelers say they’ve had a pickup in projects from boomers who are in or [...]
The science and engineering workforce is aging rapidly, and it will continue to get older in coming years, due in part to more of those scientists retiring later than previous workers, according to a new Ohio State University study, Economists at The Ohio State University found the average age of employed scientists increased from 45.1 [...]
American Electric Power announced last week that the utility giant’s board Vice Chairman Robert “Bob” Powers will retire from the company Aug. 4. The announcement came with no current plans to fill the board vacancy after Powers’s retirement, according to a press announcement by the Columbus-headquartered firm. “AEP has benefited immensely from Bob's leadership, wealth [...]
The best advice current retirees offered younger generations still in the workforce is start saving sooner, according to the latest Transamerica Center for Retirement Studies report. Released last month, the study found that the retirement landscape is changing, with many workers planning to work past the traditional retirement age of 65 — “a tremendous departure [...]
When Mary Ann Ridenour and Bill Ridenour became empty nesters last year, their 3,200-square-foot home suddenly seemed superfluous. As many couples at this stage of life do, the Ridenours decided to downsize. But unlike many others, they left their big house in a golf course community for a trailer home. “When I tell people what [...]
Preparation levels by workers for retirement have not changed despite gradual increases in retirement confidence, according to a Retirement Confidence Survey last year. In the survey, workers were asked the age which they expected to retire with results showing little change from one year to another, although that age has been slowly rising. In 1991, [...]
Let’s face the grim truth: Those 10 pounds you want to lose will likely be among your New Year’s resolutions next year, too. If you really want a sense of accomplishment, take care of money tasks that don’t require ongoing discipline and that you typically don’t have to repeat every year. Some of these are [...]
DALLAS — Hundreds of communities around the world — both big and small — are working to make sure people can live there from birth to old age. Take John Holliday, a 71-year-old rural Maine resident who walks for his health. He uses a paved pathway in Bethel, population 2,600, in the summer. But the [...]
Newly widowed, Kay McCowen quit her job, sold her house, applied for Social Security and retired to Mexico. It was a move she and her husband, Mel, had discussed before he passed away in 2012. “I wanted to find a place where I could afford to live off my Social Security,” she said. “The weather [...]
Vince Carter is no longer the NBA’s highest flyer, though he’s certainly not ready to be grounded. Once one of basketball’s most ferocious dunkers who put opponents on posters long before there were internet Vines, he can no longer rely just on his athleticism. Nearing 40 years old, the guy who famously put his arm [...]