Weekly Digest: On Planning for Retirement
How do people currently plan for the retirement years? This week, we’ll find out the different ways agents, millennial dads, families, long term care agencies, etc. tackle the topic of planning and saving for their futures. Let’s start with the popular smartphone app, Uber:
Uber offers retirement plans to drivers as legal battle continues
According to Kate Conger’s article for Techcrunch, ride-hailing app Uber recently integrated retirement plans for their drivers. This move coincides with the ongoing debate whether Uber drivers should be designated as employees or independent contractors. Based on driver feedback for fair compensation, Uber decided to employ the services of Betterment, an investment service, to give drivers something to look forward for and treasure for their futures.
The Most Valuable Retirement Plan in the World
Jeff Siegel recently wrote about a particular (and practical) way to prepare for retirement. In a Wealth Daily feature, Siegel suggested for individuals to invest in one’s health and wellbeing. After all, retirement should be experienced to the fullest, and being healthy allows just that.
An Insurance Agent’s Case for Buying Long Term Care Insurance
Scott Olson recently posted a rebuttal to a Next Avenue article on why one should purchase long term care insurance. Olson highlighted several misconceptions that people have on LTCI and provided solutions to help prepare for the golden years. This is an engaging piece that should serve as good reference for retirement planning.
The Lifestyle Guide of the Millennial Man
Millennial dads, start saving money for your retirement as early as today. Emma Lawson’s featured work on The Good Men Project includes several lifestyle tips that men – particularly, millennials – should start practicing. Lawson stressed the importance of retirement planning at an earlier age, to help maintain healthy relationships and to have more fulfilling life experiences.
Stressed About Saving for Retirement? You’re Not Alone
Let’s face it: retirement is a stressful topic to talk (and even think) about. But don’t worry, you’re not alone. Christine DiGangi’s blog post on Credit.com revealed that 56% of Americans all face the frustration of facing retirement. Financial troubles aside, DiGangi’s piece does offer a silver lining: knowledge is essential, and knowing that you’re in the dark when it comes to retirement when you’re young can allow you to take the steps to have a brighter future.