Angry protests over a plan to raise France’s retirement age pile uncertainty on small businesses, but most are siding with the demonstrators. Maxime Clausier stood inside the barricaded entrance of his butcher shop in central Paris and surveyed the swelling crowd of protesters outside his door. He had closed early Tuesday amid the latest demonstrations
New developments that integrate senior housing into age-diverse apartment buildings offer a more affordable alternative to isolated suburban retirement communities. Getting older comes with challenges. For the architect and designer Matthias Hollwich, one of the more taxing ones is something often taken for granted: moving. His point — that leaving behind friends, social connections and
Misconceptions about passive income abound, namely that it’s easy to earn. Luca Alboretti was enticed by the thought of making money in his sleep. He was looking to supplement his income as a real estate agent in 2018 when he created an online store selling golf products, an idea he had hatched after watching a
When you invest and where matters for taxes. But a few rules of thumb can stave off some nasty surprises, our columnist says. Tax planning is usually the least of my financial concerns. Most of the time, just making a living, paying the bills and salting away money in suitable investments are much bigger deals.
Hidekazu Yokoyama has spent three decades building a thriving logistics business on Japan’s snowy northern island of Hokkaido, an area that provides much of the country’s milk. Last year, he decided to give it all away. It was a radical solution for a problem that has become increasingly common in Japan, the world’s grayest society.
Across East Asia, populations are graying faster than anywhere else in the world, and while younger generations shrink, older workers are often toiling well into their 70s and beyond. TOKYO — All Yoshihito Oonami wants to do is retire and give his worn body a rest. Instead, every morning at 1:30, Mr. Oonami, 73, wakes
The Secure 2.0 Act provides for direct government contributions to retirement accounts for low- and moderate-income workers, though that won’t start until 2027. Gig economy workers lag behind those with traditional jobs in saving for retirement, but parts of a new federal law can help them catch up. Nontraditional workers — like contractors, freelancers and
Countries and companies are facing an aging crisis, and experts say policymakers and business leaders need to rethink how they deal with older workers. Aging workers of the world unite.Charly Triballeau/Agence France-Presse — Getty Images The long-life paradox Today’s 5-year-olds have it even better than you think. In the wealthiest nations, more than half of
The offspring of many East Asian immigrants are raised to support their elders in their later years. That gives a segment of Americans challenges others don’t face. A few months ago, I texted my mother to let her know that I had paid her electric bill (as I do every month), and that it was
A measure to raise the retirement age to 64 from 62 is expected to expose more people to age discrimination: “Companies in France won’t hire them.” During her 38-year career as a sales and marketing manager, Christine Jagueneau rarely thought about retirement. But when her job at a French industrial company was eliminated just before
Most employers allow you to take funds out of your retirement account, but the withdrawals come with significant downsides. Our columnist discusses other options. Hardship withdrawals from workplace retirement accounts are edging upward — another sign, along with rising credit card debt, that Americans have been feeling financial pain from inflation. “Their budgets are stretched
Right-wing officials are attacking BlackRock for overstepping. Those on the left say the world’s biggest asset manager is not doing enough. It was a clarion call to chief executives everywhere. In 2018, Laurence D. Fink, the longtime chief executive of BlackRock, the world’s largest asset manager, urged corporate leaders to assess the societal impact of