Retirement tips

When Lyn and Steve Stokes retired at the age of 48, they did not dream of settling down into the sedate lifestyle of the typical pensioner.

An American Airlines pilot went viral for sharing a tearful message on his final flight before retiring.

Marty and Jess Ansen figured it was way less expensive and a lot more fun to remain on a cruise ship than to go into a home when they retired.

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Terry and Al Hershey can afford to live anywhere they please after their successful careers—she in the corporate offices of Time Warner, he running businesses in medical device manufacturing and contract research and development. So, when they loaded up their 34-foot RV at their Bonita Springs, Florida home and hit the road to scout a second retirement locale, they headed to what might sound like a surprising place: Traverse City, Michigan, a small town (population 16,000) 250 miles northwest of Detroit, that sits on a bay opening to Lake Michigan. In 2021, the Hersheys moved into a 132-year-old, 5-bedroom Victorian three blocks from Grand Traverse Bay, where they spend six months a year with their goldendoodle and Aussiedoodle. Now both 76, they hike, bike, kayak and motorboat and can choose from scores of musical performances a year at the nearby Interlochen Center for the Arts and by the Traverse Symphony Orchestra. “We wanted a summer base,” Terry explains. Why not spend all year in Traverse City? They don’t mind the cold (they lived for many years in Colorado), but find the lack of sunshine during the winters in Traverse City too dreary, she says.

We’ve broken these concepts down into three simple retirement plans.

A group of seven U.S. senators on Tuesday proposed legislation to raise the mandatory commercial pilot retirement age to 67 from 65, in a bid to address airline industry staffing issues.

The U.S. House of Representatives is set to vote next week on legislation to raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, Republican House leaders said Friday.

The U.S. House of Representatives on Thursday voted to pass legislation that would raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, with the Senate now set to consider its own measure.