Early Retirement
The New York Times, September 9th, 2009Within the battle over President Obama’s
health care overhaul, critics of organized labor have latched onto a
little-noticed provision in the legislation already circulating in
Congress. The provision would cost
Read More
Center for Retirement Research at Boston College - April 27, 2009
Introduction
Under Social Security, married individuals are entitled to a retired worker benefit based on their own earnings and/or to a spousal benefit equal to one half of their spouse’s
Read More
MSNBC - February 5, 2009
As the U.S. economy buckles, executives are delaying retirement, cutting back on their pension savings and trimming contributions to their children's college funds, according to a survey released on Thursday.
A large majority
Read More
The Press - January 12, 2009
In the wake of big investment losses, many Americans have turned to “Plan B” to strategize and rebuild their retirement nest egg, according to Consumer Reports’ latest retirement survey. There is a lot of ground to
Read More
CNN Money - December 2008
If you can afford to put off collecting your checks for a few more years, you probably should.
Question: I'm 60 years old and in good health. I can afford to put off drawing Social Security until after age 62 to get a higher
Read More
The New York Times - December 9, 2008
JACKSON, Tenn. — Before Sunday’s basketball game, Coach Yogi Woods gathered the junior varsity at Lambuth University. Watch out for 73 on the other team, he said. He did not mean the player’s number. He meant his
Read More
The Wall Street Journal - November 19, 2008
Amid growing concern over the stock market's severe drop, government officials are considering last-minute relief from rules requiring millions of Americans who are 70½ or older to withdraw money from their
Read More
The Wall Street Journal - November 17, 2008
At times, media coverage of the economic crisis can be too much of a good thing: too much detail, too many experts. Taking a step back can help bring some perspective to the story.
That's where your favorite
Read More
Metlife - September 20, 2008
When asked to compare the current economy to similar situations in the past, 53% of Americans over the age of 60 said today’s economic conditions are worse than those they have experienced in the past, even though unemployment
Read More
Forbes - October 30, 2008
The 401(k) retirement savings system has come under considerable scrutiny since the U.S. economic meltdown pushed stocks lower, costing retirement plans an estimated $2 trillion in the past 15 months.
A number of economists
Read More
US News & World Report - October 28, 2008
Many baby boomers plan to sign up for their Social Security checks as soon as possible. A new survey found that 45 percent of those currently 61 years old will begin getting Social Security at age 62, the
Read More
Consumer Affairs - October 29, 2008
Congress needs to reform flawed 401(k) laws that could push back retirement for millions of Americans whose savings have collapsed along with the stock market, a University of Illinois elder law expert says.
Law professor
Read More
The Wall Street Journal - October 26, 2008
Recent housing legislation is likely to make reverse mortgages more popular among homeowners in need of cash. But the risks of such loans remain substantial.
The new law, enacted last summer, cuts the fees
Read More
The New York Times - October 24, 2008
One of the hardest parts about working in (or writing about) the personal finance industry these days is that there are no consoling words to offer up to people in their 60s and older who had a lot of money in stocks.
Read More
Consumer Affairs - October 16, 2008
The financial meltdown shaking the economy from Wall Street to Main Street has dealt a staggering blow to millions of Americans nearing retirement or already in retirement.
With nest eggs already having lost an estimated
Read More