retirement living

The basic logic of saving for retirement is pretty straightforward: The more you sock away, the more you'll wind up with (all else being equal). But there are two other benefits to aggressive saving that many people overlook.

Kay Reimer and Nancy Welsh share a home in Pittsburgh. At 68 and 74, respectively, they are two retired, widowed show dog enthusiasts who find living together a lot more fun than living alone. When Welsh, a retired teacher, went to Paris for 10 days last month, Reimer minded their three Great...

When it comes to retirement living, take your cue from the Boy Scout handbook. Be prepared, and you could truly enjoy your golden years; don't prepare, and you're headed for the dark side of retirement living. It's a choice that 58 million people will be facing by next year, when 20% of the...