Retirement | The Latest News on Retirement

Retirement. In the United States, the word usually brings to mind trading one’s job for days of leisure, swapping quotas and deadlines for hobbies like gardening, reading or golf. It’s something nearly everyone hopes to reach, even if they have done little on their own to prepare for it financially. Being retired does not necessarily mean your life is simpler. Most retired people face a wide range of difficult decisions when it comes to their money. Health care is expensive and insurance coverage a challenge. Keeping the house, or where to move are issues that can have a big impact on lifestyle. The word retirement essentially means the time when you leave the workforce. But it doesn’t mean becoming inactive, nor does it mean you even stop working. Rather, you might retire from one job and take up another. Retirees have a wealth of experience and those who also have good health often find ways to share this knowledge, even if they are unpaid volunteers helping others start a business or support a local effort, such as a charity or another public service agency. There’s time and opportunity without the responsibility of a regular job. “The trouble with retirement,” basketball coach Abe Lemons said, “is you never get a day off.”