From a USC Dornsife Magazine article by Susan Bell:
Not a Slippery Slope after all
Contrary to popular opinion, when it comes to well-being, our lives do not represent an inevitable decline from the sunny uplands of youth to the valley of death. Instead, the opposite is true — we can confidently look forward to old age as the happiest time of our lives.
More than 50 years have passed since The Who’s Pete Townshend penned these immortal lines on his 20th birthday, resulting in the band’s iconic ode to rebellious youth, “My Generation.” These days there is no hint that the rock star, now a spritely septuagenarian, is entertaining any regrets that his youthful wish didn’t come true.
So why do people grow happier as they age? Is it an absence of stress, or are they able to focus more on what brings them joy?
But as a young man, Townshend certainly wasn’t alone in dreading old age, and while his suggested remedy for avoiding the unavoidable may have been extreme, he also wasn’t alone in wanting to dodge what we tend to believe will be the miseries of aging.
To read more: https://dornsife.usc.edu/news/stories/3117/happiness-across-the-life-span-not-a-slippery-slope-after-all/
Professional Canadian athlete Justin Kelly celebrates retirement by hitting the road on his motorcycle and enjoying the waves in Malibu. Share in Justin’s vision for sustaining his love for travel after retiring his #27 jersey and completing a remarkable ice hockey career.
Right now, you tend to have investment advisors for retirees, and insurance advisors or salespersons for retirees, and it’s fairly rare to go to somebody who can sell you annuities or invest your money and has no financial incentive to tilt one way or the other. Ultimately, what I’d like to see are people who have knowledge of both annuities and investments, and who are compensated in a way that doesn’t influence the decision.
Nobel Prize–winning economist William Sharpe has spent most of his career thinking about risk. He’s behind the Capital Asset Pricing Model for gauging systemic risk and the eponymous Sharpe ratio, which captures risk-adjusted return.
Entrepreneurs are often imagined as twenty-something recent college dropouts. But in fact, people ages 45 to 64 start businesses at higher rates than do their younger peers — and plenty of seniors are in startup mode, too. Economics correspondent Paul Solman visits a New York City center that helps older adults upgrade their technology skills and realize their entrepreneurial dreams.
A new 
• Required distributions. Most people know that, after reaching age 70½, they must begin withdrawing funds from tax-deferred accounts (like IRAs). What they fail to understand are the ripple effects from these payouts. Required minimum distributions can, first, push you into a higher tax bracket and, second, translate into increased Medicare Part B premiums (which are tied to annual income).
Phil Waldeck, president of Prudential (NYSE: PRU) retirement talks with host Jason Moser and Robert Brokamp, CFP about the state of retirement in the United States and more.
I built a frame out of ash wood. Then I hand-formed and welded body panels onto the frame. I re-engineered the brakes, the steering and the clutch system to fit properly, and I hand-formed the grille out of aluminum. The seats I built out of plywood, foam and vinyl that looks like leather. When I started, I had no idea how to do any of this.
Boomers Daily 