Retiring at 65 Is So Last Century

TLNT: The Business of HR

Hiring Discrimination Retirement FeaturedHave you heard about this group yet?

Employee Well-being Needs to Include Retirement Plans

HR Bartender

He’s responsible for leading the retirement, investment counseling, and risk management teams in the U.S. I know one of your areas of expertise is in the area of retirement planning. How do you see the retirement conversation having an impact on strategic HR?

401k Retirement Infographic

Something Different

Check out this great retirement infographic from Personal Capital outlining a myriad of facts about 401k plans. From the amount of money most people are saving, to the amount most people need, this infographic has it all.

Financial Support Limits Retirement Readiness for Parents

Best Money Moves

Financial support for adult children limits retirement readiness for parents. The latest study from Merrill Lynch reveals that parents are sacrificing their own financial security in retirement to support children whose financial independence has been delayed.

There’s Not a Skills Gap in the U.S… or Is There?

baby boomers are retiring each day. delaying retirement for financial or other reasons…but are essentially keeping. construction, are feeling the brunt of it as baby boomers continue to retire. More than 10,000 baby boomers are retiring each.

Motivating employees close to retirement

Everwise

Earlier this month, motivating employees close to retirement surfaced as one of the most popular topics in the Everwise user community of Learning & Development (L&D) professionals and learners. That’s not surprising–employees approaching the traditional age of retirement of 65 are one of the fastest growing segments of the workforce. Just because Baby Boomers are nearing retirement doesn’t mean that they will stop contributing to the workplace in a meaningful way.

Mandated Employer Retirement Plans: What They Mean for Small Businesses in California and Beyond

TriNet

In 2012, California passed a law requiring companies with five or more employees to offer retirement plans. The California Secure Choice Retirement Savings Trust Act is expected to be implemented by.

3 ways companies can deal with 2017's mass retirement

The Predictive Index

Employee Engagement & Retention employee engagement employee retention retirement plan retirement retiring employeesBy Elsbeth McSorley.

The New Federal Government Retirement Account and its Impact on Employers

TriNet

Legal News & Compliance retirement Retirement laws CaliforniaOver 55 million Americans currently do not have a 401(k) or other employer-sponsored savings plan. On November 5, the U.S. Department of the Treasury responded to this growing issue by rolling out a.

Aiding Employees With Retirement Planning Boosts Retention

Get Hppy

Retirement doesn’t feel like a realistic goal for many employees today. workers, 79 percent expect they will need to supplement retirement income by working. Helping employees plan for their retirement relieves a major burden and will keep them around in the long-term.

Preparing for Questions from Retiring Employees

Get Hppy

Most people should prepare for retirement decades before it arrives. The truth is, people usually wait until retirement is right around the corner to get their financial house in order. Employees will want to know how much they will receive if they retire at different dates.

Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

More recently, the tides have turned in other directions – forcing employers to direct their attention at mandated state-run retirement plans; employee leave and paid time off; sexual harassment training; pay equity; and more! The world of work is changing.

More Workers Are Postponing Retirement

HRWatchdog

More workers are planning to retire later. workers (53 percent) over the age of 60 say they are postponing retirement, according to a recent CareerBuilder survey. Two in five workers (40 percent) don’t think they’ll be able to retire until 70 years of age or older.

Offering Retirement Plans May Soon Become Mandatory For Employers

TriNet

If you don’t currently offer your employees a retirement plan, you may want to pay attention. Legal News & Compliance mandatory retirement benefitsAt both the state and federal level, the government is continuing to push legislation to make mandatory. Visit site for full story.

Future Friday Revisted: The vision of retirement is already changing

OmegaHR Solutions

Older workers eschewing retirement because they want to stay working. A friend of mine announced his retirement this week. As I wrote in this post the vision of retirement has, and continues, to undergo a revision. The vision of retirement is undergoing a major change.

Preparing for the Retirement Boom

TalentCulture

The baby boomer generation is beginning to hit retirement age, and companies must prepare for what could be a major exodus. The US Bureau of Labor Statistics reports that as many as one out of ten workers will retire either this year or the next. The “silver tsunami” is coming.

Future Friday: Retirement is considered in danger

OmegaHR Solutions

Megatrends are endangering retirement possibilities around the world. These include: Employer-sponsored retirement benefits are vital in helping people financially prepare for retirement. say their employer offers them a retirement plan that includes an employer contribution.

Quick Shots for HR and Business Pros – #myRA #Retirement Edition

HR Bartender

There’s a well-worn statistic from Pew Research that says roughly 10,000 Boomers will turn of retirement age every day for the next decade. But what about when employees retire? Many articles have been published about Boomers not having enough savings for when they retire.

Survey Highlights Differences Between Worker, Retiree Perceptions about Retirement Income

HR Daily Advisor

A new survey illustrates key differences between what workers perceive their most significant sources of income will be in retirement and which sources retirees have found to be the most significant. Uncategorized 2017 Retirement Confidence Survey Retirement Income workers

Setting Their Sights on Retirement

HRExecutive

If you think millennials aren’t concerned about retirement, think again. On Tuesday, Willis Towers Watson released a survey that found six in 10 millennials are willing to sacrifice pay for more secure retirement benefits. financial wellness retirement

Are your Baby Boomers retiring?

HRWest

The post Are your Baby Boomers retiring? Meet Gloria Dunn-Violin — Talent Strategist & OD Consultant, Thought Leader, Keynote Speaker, and Author. She is also the leader of the upcoming complimentary NCHRA webinar: Reframing Talent: New Strategies to Fill Job Specs.

Retirement Research Will Blow Your Mind

Best Money Moves

In the Best Money Moves Roundup, we run down the latest news on retirement, student loan debt assistance, and retention. Will your employees be ready for retirement? More than 60% of Americans are not on track with retirement savings.

Future Friday: The vision of retirement is already changing

OmegaHR Solutions

Older workers eschewing retirement because they want to stay working. The vision of retirement is undergoing a major change. Many people envision that retirement is sitting at the local Starbucks chatting with friends or sitting on the front porch rocking away enjoying “the good life.”

Retirement: Expectations vs. Reality

HRExecutive

A comprehensive survey of workers and retirees by the Transamerica Center for Retirement Studies reveals a big disconnect between employees’ expectations concerning retirement and what they — and their employers — are actually doing to prepare for it.

What Great Leaders Do Before Retiring

Get Hppy

At the moment, there are about 10,000 baby boomers retiring every day, meaning you are not alone in thinking it’s time to move on. The following are some things you should think about before retiring. The post What Great Leaders Do Before Retiring appeared first on Hppy.

3 Ways to Prepare for the Retirement Boom

Cornerstone On Demand

Today, I'll explore a topic leaders have been hearing for a while, but not yet heeded: Baby boomers are reaching retirement age. Baby boomer retirement means over 40 percent of the 9-to-5 corporate workforce will be gone in the next decade. If the baby boomers don't retire?

Sick of Retirement? Work as an Intern!

HR Daily Advisor

De Niro played a 70-year old widower who applied to be an intern after he got bored with retirement. Critchlow spent the last 30 years working at Merrill Lynch, and recently retired at the age of 69. The post Sick of Retirement?

Smaller Businesses Need An Employee Retirement Program Too

TLNT: The Business of HR

Navigating the vast array of retirement plan options can be challenging for small and mid-sized businesses. Government Accountability Office found that only about 14% of small businesses (fewer than 100 employees) offer retirement plans to employees.

Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

With baby boomers heading into retirement — by 2050 an estimated 88.5 But there is another retirement population that is perhaps even more worrying to them: nurses. Navigating Nurse Retirement with the New Workforce Planning.

Big No-No: Questioning Employees about Their Retirement Plans

HR Daily Advisor

In all honesty, we would like him to retire because of the toxic attitude. May we ask him about his retirement plans? A No—asking employees about their retirement plans is not a good idea. Under the law, there is no mandatory retirement age.

A Different Perspective On Income in Retirement

HR Daily Advisor

If you follow the latest retirement news, it seems the sky is falling. Here are a few of the statistics that cause concern: The National Institute on Retirement Security (NIRS) reports that nearly 40 million, or 45%, of U.S. households haven’t saved a penny toward retirement.

Is 70 Becoming the New Retirement Age?

HR Daily Advisor

Is 70 becoming the new retirement age? workers ages 60 and older plan to retire at age 70 or older. Another 20% don’t believe they will ever be able to retire. ” Asked how much money they think they’ll need to save in order to retire, 42% of U.S.

Future Friday: The end of retirement?

OmegaHR Solutions

The fifth change they talked about is the subject of retirement, something, I must admit, has been a more frequent subject in my life. There are a number of reasons that the “standard” retirement age of 65 is no longer viable. Phased retirement.

Retirement Success Starts with Financial Well-Being

HR Daily Advisor

Michael Jordan wasn’t talking here about retirement, and in fact, we don’t know that he ever has. In today’s world, each individual must take charge of his or her own retirement. Are you doing all you can to help your team members win the retirement game?

Five Important Steps for Retirement

HRExecutive

Some of these recommendations include the usual about financial-wellness education, monitoring participants’ progress against their retirement goals, reviewing plan fees and checking up on providers to make sure they’re staying compliant.

Retirement Planning: The Gender Gap Persists

HRExecutive

A quick search of our website, using the terms “women” and “retirement,” brings back an article from August 2008 that describes retirement planning as “a nightmare for many women.”. In examining the retirement saving and investing behaviors of roughly 3.5

Retirement Annuity Accounts

HR Times

A defined contribution benefit plan option to help stabilize retirement and reduce risk. Will I be able to retire? Retirement Annuity Accounts. A complement to current retirement plans.

Millennials Support Automatic Retirement Plans, Seek Sponsor Help

HR Daily Advisor

The youngest employees and defined contribution (DC) plan participants often want more automated features to their plans, and most assign their plan sponsors some responsibility for helping them choose the right investments to fund their retirement while it’s still decades away.

What Is Phased Retirement?

Careerminds

When it comes time for your senior staff members to start seriously considering retirement, HR needs to take a look at what options make the switch as easy as possible for both the staff member and the organization. One of the newest methods is phased retirement, but what is phased retirement and how can it help these areas? The post What Is Phased Retirement?

Are Your Older Employees Thinking Differently About Retirement?

HR Daily Advisor

Employers invest a tremendous amount of time and cost in employee benefit offerings which are designed to help their employees save and financially prepare for retirement. Ironically, few employers are focused on the actual process of retirement and its workforce-related implications.

Don’t Be Too Quick To Retire

Corn on the Job

In the US the full retirement age is 66 years old, yet the Economist reports that almost 40% of American men aged 65-69 are working compared to 25% in the 1980s.

Small Business Retirement Marketplace: Innovative Solution to Retirement Woes

Paychex

The Washington Small Business Retirement Marketplace is offering a retirement solution for employers and employees

Future Friday: The future of retirement is in danger!

OmegaHR Solutions

A large number of employees don’t plan for retirement. A just released report indicates that the retirement life for a large part of the population, around the world, is going to be dire in ten to thirty years. Every company should provide retirement education.