Category Archives: Retirement

Future Of Mobility: Self-Driving Car Venture “Voyage” Specializes In Retirement Communities

From the Voyage.auto website:

Voyage (is) building the technology to deliver on the promise of self-driving cars. Our first service offers residents safe, autonomous transportation anywhere in their community at speeds up to 25 MPH. This approach lets us solve real transportation challenges today, while setting the foundation for our long-term vision: developing a technology that can drive anyone, on any road, at any time.

Our vehicles are equipped with the best sensors available, giving us a 360-degree picture of the world hundreds of meters from the car. We extensively leverage machine learning to develop state-of-the-art perception models, and have built a rich data pipeline that allows us to continuously improve based on real-world driving. Our multiple sensor modalities give us great perception, while improving the safety and operational redundancy of our autonomous service.

To read more: https://voyage.auto/technology/

Retirement Podcasts: President Of Prudential Financial Talks About Retirement Savings In U.S.

Industry Focus - Motley FoolPhil 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.

Website: https://www.fool.com/podcasts/industry-focus/2019-09-09-financials-prudentials-head-of-and/

Boomers Hobbies: 75-Year Old Dave Hinz Of Michigan Spent Ten Years Building His 1936 A.J. Speciale

From a Wall Street Journal article by A.J. Baime:

Dave Hinz 1936 A.J. Speciale Interior Photo by Erin Kirkland for the Wall Street JournalI 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.

Dave Hinz, 75, a retired former software company co-owner from Harbor Springs, Mich., on what he calls his homemade 1936 A.J. Speciale, as told to A.J. Baime.

After I retired in 2005, I found a photo of a beautiful Bugatti online. I made the mistake of telling my friends that I was going to build a car just like it. I had no experience in metal forming. I knew nothing about car mechanics. But I had made this statement, and I was the butt of so many jokes, I had to try.

To read more click on the following link: https://www.wsj.com/articles/its-not-an-alfa-romeo-or-a-jaguarits-a-tribute-to-both-11566914306

Boomers Retirement: Senior Planet Aims To Be “Tech-Savviest Retirement Community On Earth”

From an MIT Technology Review online article:

Senior Planet Founder Tom Kamber photo by Adrienne Grunwald 2019That’s why Kamber created Senior Planet, a tech-themed community center that preps seniors to hack their way through a world conspiring to keep them sidelined. The glass door reads “Aging with Attitude.” With its sleek grays and wood tables, it rivals the WeWork next door in the Chelsea district of Manhattan.

Kamber is pretty exciting, but the place itself is a beehive. By the time he and I sat down to talk, I’d already bought some fingerless gloves from one of its graduates, Madelyn Rich, a fiber artist and entrepreneur who’d paid for her recent Caribbean cruise with her holiday glove sales, mostly online. In a computer lab, a class was learning to use Google Calendar and Google Hangouts. Rachel Roth, a white-haired sophisticate in aviator glasses, wheeled in a cart of her sea-salt-dusted chocolate almonds called Opera Nuts—she hawks them online and through West Elm, Pottery Barn, and Williams Sonoma—and doled out some samples to the staffers in her signature Chinese-takeout-box packaging.

To read more click on following link: https://www.technologyreview.com/s/614076/next-generation-entrepreneurs-senior-planet/?utm_campaign=the_download.unpaid.engagement&utm_source=hs_email&utm_medium=email&utm_content=75583596&_hsenc=p2ANqtz-_BF-0OylrzYeKbDveAED9EcrZW1pM54hDXRdCY_nW4wCiGV6r4i8uuf-wNyHYDnIVksgwR0vqA5fYUAHMo2yN-Rq0RWA&_hsmi=75583596

Aging Well: Harvard Magazine Highlights Six “Exellent Predictors” To Flourish In Retired Life

From a HarvardMagazine.com online archive article:

How To Age Well - Harvard MagazineSix factors measured by age 50 were excellent predictors of those who would be in the “happy-well” group–the top quartile of the Harvard men–at age 80: a stable marriage, a mature adaptive style, no smoking, little use of alcohol, regular exercise, and maintenance of normal weight. At age 50, 106 of the men had five or six of these factors going for them, and at 80, half of this group were among the happy-well. Only eight fell into the “sad-sick” category, the bottom quarter of life outcomes. In contrast, of 66 men who had only one to three factors at age 50, not a single one was rated happy-well at 80. In addition, men with three or fewer factors, though still in good physical health at 50, were three times as likely to be dead 30 years later as those with four or more.

The book examines the lives of a group of Harvard men who have been studied from their college years all the way to retirement and, in some cases, death. Its cornerstone is the Grant Study, a longitudinal investigation conceived in 1937 and launched at Harvard in 1939. With funding from dime-store magnate W. T. Grant, researchers signed up 268 members of the classes of 1941 through 1944, in their sophomore years, for an in-depth, lifelong study of “normal” adult development.

To read more click on the following link: https://harvardmagazine.com/2019/08/the-talent-for-aging-well

Retirement Videos: Panel Discusses Topic “Is Retirement Extinct?”

The increase in longevity is disrupting the 20th-century retirement model. Our longer lifespans, though a blessing in many respects, has been a shock to the collective system. While Social Security and Medicare provide cushions, too few people have adequate savings and investment to support lifelong needs. The shift away from pensions and defined benefit plans has exacerbated insecurity. People need to work and earn longer to survive and thrive in a world of rapid change. As we come to grips with the opportunities and challenges of longer lives, what will 21st-century retirement look like? What policies and practices should be implemented to enhance wealth, health, and engagement for a better future?

Boomers Home Income : “RentTheBackyard.com” Will Build & Rent Studio Apartment For You

From a TechCrunch.com online article:

RentTheBackyard LogoRent the Backyard  works with a partner to build the apartment, finances the construction, lists the property, selects the tenant, collects the rent and serves as the landlord. In exchange for all that, it has an ownership stake in the unit and keeps 50% of the rent.

The startup also handles the permitting, which co-founder Spencer Burleigh said has become much easier with recent changes in California law. In fact, he pointed to stories about how these changes have led to skyrocketing applications (16 in 2016, 350 in 2018) to build “in-law” units in San Jose, which is where the startup is focused for now.

To read more click on following link: https://techcrunch.com/2019/07/18/rent-the-backyard/?utm_medium=TCnewsletter&tpcc=TCdailynewsletter

RentTheBackyard Online apartments diagram

Top Roadside Restaurants: “B.T.’s Smokehouse” In Sturbridge, Mass. Is “Astonishlingly Good”

From a Bon Appétit Magazine article  by Amanda Shapiro:

B.T.'s Smokehouse logoWhile it may be unassuming, B.T.’s is hardly undiscovered. The lines get long, so time your trip to hit the smokehouse when it opens at 11 a.m. or during the late-afternoon lull. Order your meat to go, grab a beer at the convenience store next door, and park yourself on the hood of your car, the curb, or anywhere you can find a spot. It isn’t glamorous, but it is astonishingly good.

Situated between I-84 and I-90, B.T.’s is an ideal pit stop for any drive that takes you up to (or down from) Boston, New Hampshire, or Maine. Brisket is the thing here—smoked for 24 to 30 hours on local apple and hickory wood. You can order it à la carte, in a Reuben-style sandwich, or—my favorite—on a platter with classic sides like collard greens and mac and cheese.

To read more from article click on following link: https://www.bonappetit.com/story/bts-smokehouse-sturbridge-massachusetts

B.T.'s Smokehouse
https://www.btsmokehouse.com/

B.T.'s Smokehouse Brisket Rueben

 

 

 

Retirement Surveys: Most Retirees Experience Consistent Or Increased Happiness As They Spend Time With Friends, On Hobbies Or Travelling

“Retirees are far more likely to cite positive attitudes and experiences than negative. Most retirees agree that they “are generally happy people” (91 percent), “have a close relationship with family and/or friends” (90 percent), and
“are confident in their ability to manage their finances” (88 percent). In contrast, relatively few retirees are finding that “everyday activities are becoming difficult” (28 percent), “having trouble making ends meet” (26 percent), and “often feel anxious and depressed” (20 percent).”

(From Transamerica  Center for Retirement Studies)

Retirees Enjoyment of Life Transamerica Center for Retirement Studies

Since entering retirement, 40 percent of retirees indicate that their enjoyment of life has “increased,” 39 percent say it has “stayed the same.” Nineteen percent of retirees say their enjoyment of life has “decreased” since they retired.

How Retirees Spend Their Time Transamerica Center For Retirement Studies

To read entire survey click link below:

Click to access tcrs2018_sr_retirees_survey_financially_faring.pdf

Boomers Retirement: “Umbrella” Is An Online Home Repair & Services Marketplace For Seniors

From a Pymnts.com posted article:

Umbrella Boomer Community App 65+ Home repairs“Umbrella is an app that’s meant to connect these people with each other, through a marketplace with a membership model. The app lets seniors sign up for “jobs” and provide their services, like mowing a lawn or painting a fence.

The jobs are charged around $20 an hour, and Umbrella keeps $4 of that. The neighbors can choose to make less money, and the difference goes toward cheaper work for lower-income seniors.

Umbrella costs $199 a year to join. The startup was co-founded by CEO Lindsay Ullman and President Sam Gerstenzang. Both worked at Sidewalk Labs previously, among other places.”

Umbrella Boomer Community App 65+

Umbrella website: https://www.askumbrella.com/

To read more on article: https://www.pymnts.com/mobile-applications/2019/community-boomer-app-umbrella-raises-5-million/