Amid the pandemic, people thought the labor market had permanently changed in important ways. It was a bad bet.
Category: Retirement
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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.
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Saving for a Down Payment and Retirement: What to Know
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.
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When Your Career, and Retirement, Are the Family’s Business
The New York Times – Business:Succession plans, or the lack thereof, can hinder the transition to a new generation — and affect how loved ones fund their later years.
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Set It and Actually Forget It
The New York Times – Business:Millions of workers open retirement accounts, then ignore or forget about them, leaving thousands of dollars unattended. Are you one of them?
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Britain Wants Its Early Retirees Back, but Their Days Are ‘Never Boring’
The New York Times – Business:The country’s work force is smaller than it was before the pandemic, sapping economic potential. The government is going to try luring more people off the sidelines.