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Bermuda residents are being urged to consider how they will fund their retirement as new data shows increasing strain on people’s retirement finances around the world. The long-term impact of the global economic downturn that hit in 2008 caused milli...

Demographic studies are showing that people are living longer these days. The latest results indicate that if you make it to age 65, then there is a 50 percent chance that you could live another 25-30 years on average. Thus for some persons, it is po...

When you’re pinching pennies and life throws you a curve ball, all those zeroes at the end of your nest egg can be tempting. Using your 401(k) like a piggy bank may seem like a painless way to make ends meet. But is it? The cold hard cash-out When y...

Aleitha Jones DeShield just can’t help it. Every time she goes into a hotel she can’t help crouching down to take a peak under the sink, or behind the toilet. She isn’t looking for dirt she’s checking the plumbing fixtures. Mrs DeShield, 68, is abou...

It used to be the dream we were all working toward: turning 65 and retiring to a life of golfing, sipping piña coladas and spending time with grandchildren. But the harsh reality, experts say, is that many Bermuda residents just won’t be able to aff...

Think you will be able to retire at 65? Will you be able to afford it? If you answered no, you’re not alone. What’s worse Bermuda residents are planning properly for their future. A new study out today shows that half of all Bermuda residents are no...

The recent christening of the Island’s newest pilot boat was a proud moment for four men who worked as pilots for decades. Retirees John Kennedy, Keith Battersbee, David Darrell and Harold Millett spent an average of 37 years in the service. Mr Kenne...

Many people envision living their retirement on a tropical island, atop a mountain or perhaps on a farm growing their own organic foods and raising free-range critters. For most people this is a far cry from reality, but not necessarily impossible. ...

“I don’t feel old and I am going to fight it every step of the way!” Boomers have a very different view of their retirement and it is not their parent’s retirement. According to a Merrill Lynch survey, boomers plan to be more active, have a higher st...