Category: Retirement

Gen Z, It Turns Out, Is Great at Saving for Retirement

They are contributing to their 401(k)s much earlier than millennials did, reports show, and young women in particular are being aggressive about saving.
Dr. Demento Announces His Retirement After 55 Years on the Air

Barry Hansen, mostly known by his D.J. name, said he’d leave the airwaves after 55 years of playing parody songs. His syndicated show was once heard on more than 150 radio stations.
Social Security Benefits Could Be Cut in 8 Years Unless Congress Acts

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could lead to payment cuts in eight years.
How Retirees Can Manage RMDs in a Volatile Market

Savers with accounts like 401(k)s and I.R.A.s are required to make withdrawals starting at a certain age. Here’s how to handle that during an unpredictable stock market.
There’s a Good Chance Crypto Is Spreading in Your Retirement Account

Bitcoin and other digital assets are quietly growing in many nest eggs, with the encouragement of the Trump administration. Hidden risks are mounting, our columnist says.
Retirees, Get Ready to Need Long-Term Care. Here’s What to Know.

Demand and costs for care are rising at the same time that a labor shortage threatens to worsen. How can you plan for this need now?
Retirees Are Filing for Social Security Earlier. Why?

An additional 276,000 people filed for Social Security benefits so far this fiscal year, up 13% from a year ago. Anxiety appears to be a driver.
Remarrying in Retirement Can Mean Tricky Money Talks

People over 65 who remarry after a death or divorce can face thorny financial questions — especially when it comes to adult children and inheritances.
A Reporter Takes Pause at the Career Pause

Fed up with being overworked or unfulfilled, some young people are quitting their jobs to take “mini-retirements,” a trend that caught the eye of a Times journalist.
What Buffett’s Exit Means

Tens of thousands were on hand to see the billionaire announce his plans to retire. Their attention is already focusing on what is next for the conglomerate he built.
Why Designated Beneficiaries Are Key to Your Estate Planning

Although a will is crucial to making sure your assets go where you want them when you die, you are likely to need something else, too: designated beneficiaries.
Losing Your Home Close to Retirement Age: What to Consider Before You Sell or Rebuild

Losing your home in a disaster when you’re at or near retirement age can derail your finances and jeopardize the funds you were counting on.