Oct. 8: While people of all ages are feeling the pain of an economic recession, times are particularly tough for retired Americans living on reduced investment income. NBC’s Mark Potter reports. (Nightly News)
With the market seesawing daily, you may have seen your retirement savings — that money you’ve been counting on, and expecting to grow — shrink to disturbing levels in recent months.
Go to Source
Many Americans nearing retirement are bombarded with invitations to attend financial management seminars. A free lunch is offered. But that lunch may prove to be pricey.
Go to Source
Americans’ retirement plans have lost as much as $2 trillion in the past 15 months, Congress’ top budget analyst estimated Tuesday.
Go to Source
So close and yet so far. It’s a frustration being felt by Americans who thought the finish line to their working life was almost in sight.
A significant number of Americans will soon retire, but many won’t be looking so much for a place to settle down as to live it up. Here is a guide to some of the most affordable places.
Even as elderly Americans file for bankruptcy in record numbers, support is drying up from meal, transportation and other home assistance agencies that can’t pay their own bills.
Women may not earn as much as men or fly up the corporate ladder as quickly, but they get the last laugh since they live longer. Right?
Go to Source
Refer to the Roth 401(k) and the likely response will either be a blank stare or a correction: “Oh, you mean a Roth IRA.” But the Roth 401k is real and may be the right plan for you.
Go to Source
In our workaholic society, many people’s lives revolve around their jobs. So retirees can be unprepared for what life is really like once they punch that final time card.