Word: retirees
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"I need to retire from retirement," jokes SANDRA DAY O'CONNOR, 76, who quit the U.S. Supreme Court in January to spend more time with her husband John, who has Alzheimer's. Her inclination to say yes to invitations means "he wonders if he's still married," she says. She...
When the stock market was flying six year ago, some folks looked at their soaring portfolios and concluded they had enough money to retire--only to have to burrow back into work after the Internet bubble popped. Now another set of aspiring retirees, this one reveling in inflated home values, may be in for a similar rude awakening...
“Because of the renovations he saw it as a wonderful opportunity to retire,” she said.
STEPPING DOWN. Heizo Takenaka, 55, finance minister from 2001-2005 credited with helping engineer Japan's economic revival; in Tokyo. His controversial reforms halved Japanese banks' non-performing loans, saving many from collapse, and helped initiate the privatization of Japan's gigantic postal savings system. Currently Internal Affairs Minister, he...
There's been a lot of talk lately about the coming workforce crisis--a shortage of all kinds of skilled workers as boomers begin to retire. It hasn't hit yet, but it will. By 2014, folks 50 and older will make up nearly a third of the U.S. workforce...