Guest: Robert Laura and Carol Hymowitz
Americans over the age of 62 are contemplating how to spend their future years, whether to retire or find new part-time jobs, especially since they may live far longer than their parents. The financial and psychological challenges of such a major life transition can be overwhelming even for the wealthiest Americans. That includes professional athletes, like basketball phenom Kobe Bryant and pro golf superstar Annika Sorenstam. We’ll talk with money manager and author ROBERT LAURA, who has interviewed celebrities, professional athletes and entertainers with the goal of helping people create a no-regrets retirement plan. He writes nationally syndicated columns for Forbes.com and Financial Advisor magazine and is the founder of RetirementProject.org. And we’ll get thoughts on retirement and why older women are working longer from CAROL HYMOWITZ, an editor-at-large for Bloomberg News.