Boomer and Retirement Weekly Reader – Micro-Reunion Edition

I have returned from an excellent weekend in Atlanta catching up with some high school buddies. As mid-stage, still-working  baby boomers, we had lots to talk about, including the here and now with kids still in college and the uncertainty of our collective economic futures. I feel blessed that we are still able to make time for these mini-reunions, which always bring joy and optimism to me in spite of my newly arthritic knee.

< Let’s take a quick look at some interesting retirement reads from the past week:

A lengthy study of retirees showed a positive correlation between retirement and improved sleep. Of course the study participants were French who had worked for the government and were receiving pensions equal to 80% of their pre-retirement salaries. I think I could sleep well in that situation as well!

Yahoo Finance published a Kiplinger piece about dividing your retirement nest egg into different time-based components. This is a renewal of interest in the “income for life” asset allocation model. I generally like the concept as superior to the 4% withdrawal rule but I think a more direct method of dealing with the inflation problem is to own TIPS and I-Bonds.

Retirement Revised published a helpful summary of mistakes that older workers make when job-hunting. The point about the likely futility of becoming a consultant or an older security guard is sadly true.

The Best Life blog introduces us to a cutting edge retirement living concept: Naturally occurring retirement communities or “NORCS.”  I’m not so sure about the appeal but I’ve decided to remain open minded.

Also, don’t overlook this week’s Carnival of Personal Finance and Boomers and Seniors – News You Can Use.

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