Category: Retirement

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?
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.
More Retiree Health Plans Move Away From Traditional Medicare

The New York Times – Business:
Retirees whose former employers offer health coverage are being shifted to privately run Medicare Advantage, often against their wishes. The change saves millions for employers.
Unions Vow to Bring France to a ‘Standstill’ Over Macron’s Pension Plan

The New York Times – Business:
Travel, schools and services were disrupted by nationwide strikes and protests for a sixth time as the battle over the retirement age intensified.
How to Keep Revenge Spending From Ruining Your Retirement

The New York Times – Business:
Once the worst of the pandemic passed, some of us turned from being savers to spenders — setting ourselves up for potential disaster.
When It Comes to Money, Your Brain Can Be Your Own Worst Enemy

The New York Times – Business:
Our cognitive biases can get in the way of saving for the future, especially for retirement. Here’s how to recognize and overcome them.
What You Need to Know for the 2023 Tax Season

The New York Times – Business:
Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind.
Hedge Fund Billionaire Gets Billions More to Retire

The New York Times – Business:
Bridgewater’s founder, Ray Dalio, retired last year after months of negotiations that guaranteed him a gigantic exit package.
Fixing Social Security and Medicare: Where the Parties Stand

The New York Times – Business:
Republicans and Democrats have sharply divergent approaches to repairing the programs. Any solutions will affect younger workers as much as retirees.
As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast

The New York Times – Business:
New budget projections are expected to show that the program’s spending is outpacing tax revenues as an aging population claims benefits.
For More Certainty in Your Retirement Portfolio, Consider Annuities

The New York Times – Business:
Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print.
Tom Brady’s Retirement Is the Best Thing for Football

The New York Times – Sports:
Give Brady his due but let Patrick Mahomes and all of the other young, exciting quarterbacks take it from here.