It’s not unusual for people caring for family members to tap their retirement accounts or go into debt to pay bills. Some states are trying to help them avoid that.
Category: Retirement
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Sardi’s and Neary’s Bartenders Retire: A Regular Customer’s Lament
Two longtime New York City bartenders, “Joe” Petrsoric and Kevin Duffy Philzone, were dependable anchors in our ever-changing, once-nocturnal city.
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As Student Loan Payments Resume, Gen X Struggles to Save for Old Age
The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age.
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Your Finances in Retirement: When Do You Turn Over Control?
It’s difficult to know when to get help managing finances. Communicating with loved ones, even when you don’t want to, is the first step.
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Still Dreaming of Retirement in the Sun Belt?
As climate change sends summer temperatures soaring, older people are increasingly vulnerable to heat-related illnesses in places like Phoenix.
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The Pandemic’s Labor Market Myths
Amid the pandemic, people thought the labor market had permanently changed in important ways. It was a bad bet.
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Retiree Medical Costs Expected to Stay Flat in 2023
An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002.
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States Try Easing the Burden of Long-Term Care’s High Cost
Seeing their own financial benefits, too, Washington and California are among the states creating programs to help older residents.
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401(k) Hardship Withdrawals Tick Up as Inflation Stays High
Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.
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How to Rebuild Your Savings and Retirement After a Divorce
Women who have gone through a divorce often see their savings and retirement depleted. Building back means careful planning.