A Tropical Island Retirement - A Resource Guide

22
A Tropical Island Retirement By Noreen Whysel LIS 652 Information Services and Resources Professor Brooke Watkins

description

I created a research guide for my LIS course on Information Services and Resources. Since I was coming to the end of a very jam-packed semester and also was recovering from a rather brutal respiratory virus, I decided to do my project on tropical island retirement. As it happens it was not all dreams of leisure. There are a number of legal, financial and psychological considerations around retiring, whether your destination includes the tropics or not.

Transcript of A Tropical Island Retirement - A Resource Guide

Page 1: A Tropical Island Retirement - A Resource Guide

A Tropical Island Retirement

By Noreen WhyselLIS 652 Information Services and ResourcesProfessor Brooke Watkins

Page 2: A Tropical Island Retirement - A Resource Guide

Overview

What is Retirement?

Who Retires?

Which Island?

What to Do on Your Island?

How Would You Meet People?

What Are Some Benefits and Restrictions?

Are You Ready to Retire?

Page 3: A Tropical Island Retirement - A Resource Guide

What is Retirement?

Various definitions of retirement may indicate differing expectations of what retired life entails.

Understanding what retirement means can help a patron decide if they are ready and what to expect.

Page 4: A Tropical Island Retirement - A Resource Guide

Definitions: What is Retirement?

Page 5: A Tropical Island Retirement - A Resource Guide

Definitions: What is an Island?

Page 6: A Tropical Island Retirement - A Resource Guide

Definitions: What is Tropical?

Page 7: A Tropical Island Retirement - A Resource Guide

Additional Context

Retirement as a Career Stage“Workers face new choices as they approach the retirement stage of their careers….[F]ew blue-collar workers choose to stay at the job beyond the customary retirement age of 65. Instead, an increasing number of workers retire and then take part-time jobs. This trend may be caused by the early retirement incentives many firms offer to employees. The practice has also contributed to the growing number of older workers who are employed on a part-time basis.”

Source: industrial relations. (2013). In Britannica Online.

Page 8: A Tropical Island Retirement - A Resource Guide

Additional Context

Notes on Aging (human aging)“I retired from active teaching at Harvard 22 years ago, when I was 68 years old. This was more formal than real…. [A]fter “retirement” the university—faculty, students, and functions—continued to require of me about the same effort as it had previously. Much work for somewhat less money. I thought I would have more time for writing; retirement made little difference.”

Source: Notes on Aging. (2013). In Britannica Online.

Page 9: A Tropical Island Retirement - A Resource Guide

Who Retires?

Demographics of Retired Populations Average Age at Retirement Average Income and Net Worth Marital Status Disability Status Educational Background

Sources Alamanacs Statistical Abstracts

Page 10: A Tropical Island Retirement - A Resource Guide

Who Retires?

Statistical Abstract of the United States

Gale General OneFile

Google Search

United Nations, World Health Organization

Urban Institute, NYC Department for the Aging

Academic Research (Scopus, ISI Web of Knowledge, Google Scholar)

Page 11: A Tropical Island Retirement - A Resource Guide

Demographics: Who Retires?

Source: U.S. Census

Page 12: A Tropical Island Retirement - A Resource Guide

Who Retires?

Clark, D. E., Knapp, T. A., & White, N. E. (1996). Personal and location-specific characteristics and elderly interstate migration. Growth and Change, 27(3), 327-351. Retrieved from www.scopus.com

Le Serre, D. (2008). Who is the senior consumer for the tourism industry? Amfiteatru Economic, 10(SUPPL. 2), 195-207. Retrieved from www.scopus.com

Smith, K. & Toder, E. (November 2005). “Changing demographics of the retired population,” Older American’s economic security. Washington, DC: The Urban Institute.

Page 13: A Tropical Island Retirement - A Resource Guide

Which Island?

Where? Is the patron looking anywhere in the world or must the

island be in the United States? The United States has tropical island territories in the

Caribbean, South Pacific, as well as the state of Hawaii and many islands in southern continental States.

Geographic Resources Maps Travel Guides Travelogues

Page 14: A Tropical Island Retirement - A Resource Guide

Which Island?

Frommer’s, Fodor’s, Lonely Planet

Visitor Guides and Regional Newspapers

Statistical Abstract of the United States

USGS National Atlas Physical geography U.S. territorial acquisitions

Gale General OneFile

Page 15: A Tropical Island Retirement - A Resource Guide

Which Island?

Access to services Assisted versus independent living Medical care Future needs

Resources Retirement Living Information Center AssistedLivingFacilities.com Care.com State departments on aging and housing

Page 16: A Tropical Island Retirement - A Resource Guide

What To Do?

Travel Guides

Local Newspapers and Visitor guides Gale Directory of Newspapers and Broadcast Media Gale InfoTrac Newsstand Newseum’s Today’s Front Pages Locally produced visitor guides and community papers

Page 17: A Tropical Island Retirement - A Resource Guide

How to Meet People?

Event listings

Alumni Associations

Trade Associations ALA Chapters American Library Directory

Page 18: A Tropical Island Retirement - A Resource Guide

Benefits & Restrictions?

Retirement Income Social Security Investments Medicare

Retirement Expenses Housing Expenses Living Expenses Health Expenses Recreation, Entertainment

Page 19: A Tropical Island Retirement - A Resource Guide

Benefits & Restrictions?

General Resources Encyclopedia of Retirement (2003)

U.S. Resources USA.gov Social Security Administration Department of Labor Banks and Financial Planning consultants

International Resources EmbassyWorld.com Foreign Government Resources on the Web (U of Michigan)

Source: Guide to Reference

Page 20: A Tropical Island Retirement - A Resource Guide

Are You Ready to Retire?

Emotional and Financial Preparation“…older people are increasingly being forced into retirement before their productive years are over, causing problems in their psychological adaptations to old age. Retirement is not regarded unfavourably in all instances, but its economic limitations tend to further remove older people from the realm of influence and raise problems in the extended use of leisure time and housing. As a consequence, financial preparation for retirement has become an increased concern for individuals and society. ”

Source: old age. (2013). In Britannica Online.

Page 21: A Tropical Island Retirement - A Resource Guide

Are You Ready to Retire?

Emotional Preparation Visualization

Read fiction and non-fiction books about island living Look at maps and video travelogues to plot out activities

Financial Preparation Web Calculators - Cost of Living IRS Guides to Retirement and Living Abroad

Legal Preparation Foreign embassies Wills

Page 22: A Tropical Island Retirement - A Resource Guide

Thank You!

Download the research guide at:

http://www.whysel.com/pratt/652/tropical-island-retirement.docx

Noreen Whysel

[email protected]

@nwhysel