This website was designed to provide information about retirement planning for farm families. It specifically addresses farmers' unique circumstances. For example, many farmers don't plan to "retire" in the traditional sense. Rather, they express a desire to simply scale back their work hours and/or the size of their farm operation. In addition, many farm families lack traditional retirement savings plans such as a 401(k). Their major asset is their land and farm property, which are typically illiquid assets. The impact of government regulations on farmers' land values is another unique challenge.
Highlights from the 2015 Rutgers Preparing for Later Life Farming Workshops
(Workshop financially supported by the USDA and Northeast Extension Risk Management Education.)