More than 1 in 4 retirees say they’re spending more than they can afford, according to an October 2022 survey by the Employee Benefit Research Institute. With inflation at 7.1% in November, it’s not surprising […]
Many people don’t have much choice about when they retire. Illness, job loss or caretaking responsibilities push them out of the labor force, ready or not. But some people have the opposite problem: They do […]
Health care in retirement is a big-ticket item. Experts estimate that an average 65-year-old retired couple in 2021 would need about $300,000 in after-tax savings earmarked for health care costs in their post-work life, even […]
Most advice about retirement planning focuses on how to save enough money to replace your paycheck. But work provides us with a lot more than income. Many of us get a sense of meaning, accomplishment […]
NEW YORK — It might seem like everyone is having a wild time shooting for the stars with GameStop and other meme stocks. But just as day-to-day life for most of us is more mundane […]
Pandemic-related job losses forced many older Americans out of the workplace i n the past year, perhaps permanently. But the COVID-19 crisis also seems to have delayed some retirements. Remote work eliminated commutes and often […]
Many U.S. households retire without enough money to maintain their pre-retirement standard of living. Once retired, though, people often reduce their spending enough to make their money last, according to a recent study by David […]
It’s amazing how much stuff piles up in a family garage over the years. The stacks get higher every year because, presumably, the items within them hold value. It becomes harder to throw anything away. […]
Did you pay $100 to watch the Mayweather-McGregor fight? Such a small amount could be the key to saving Social Security for future generations. A major obstacle to transitioning to any new Social Security system […]
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