Financial professionals involved in divorce proceedings, whether for a client or an attorney, often use software to project the ability of a dependent spouse to earn income off of her separate estate. These projections have historically relied on static inputs and use a Monte Carlo simulation to illustrate the paths a portfolio might take. Within…

Loneliness can be deemed as a social deficiency. Loneliness discloses the relationship between the desired and achieved a level of social interaction. Loneliness is not linked with social isolation, solitude, or aloneness. When low levels of social contact are desired, they may be experienced as positive. Loneliness is associated with mental…

Purpose: As part of an ongoing effort to analyze the distributional implications of potential policy reforms to the U.S. Social Security system, we consider the widely discussed reform of earnings sharing. Such an approach has been viewed as a way to "update" Social Security's family benefits based on marital status and as a means to…

The baby boom generation--those born during the post-World War II years 1946 through 1964--has a track record of rebellion that has caused startling cultural and social transformations, including rock 'n' roll, the peace movement, civil rights, and agendas we can be less proud of. Reports indicate that this generation is again poised to create a…

Case studies of 25 recent retirees from midwest plant formed basis for profile of ordinary retirement. Found that commonalities of preparation, satisfaction, activity patterns, and relationships far outweighed differences. Exceptions were found for the widowed, divorced, and those with health disabilities. (Author/NB)

Used longitudinal data to investigate factors associated with evaluations of work, retirement, and well-being of 1,398 never-married, widowed, and divorced/separated men and women. Factors associated with evaluations tended to be similar across marital status. Formerly married women especially seemed to warrant attention of practitioners who plan…

Increased divorce rates, declining marriage rates, and a predisposition to widowhood in later life all contribute to the heterogeneous marital histories of women approaching retirement. Existing research on retirement, however, has not considered the diversity in marital status that exists among retired women. The purpose of the present study was…

Faulty laws, unfair practices, and years of tradition in the workplace keep women from economic equality. The Economic Equity Act proposed by Congress will address inequalities in tax and retirement matters, the need for better dependent care, nondiscrimination in insurance, regulatory reform, and child support enforcement. (IS)