Category: Retirement

The 6 Social Security Myths That Won’t Go Away

The program gave birth to the idea of retirement and covers nearly all Americans — but now it faces major financial and customer service challenges.
5 Money Mistakes That Can Put Retirement Farther Off

Even people with employee-sponsored retirement plans still find it difficult to save for the future when faced with present-day desires.
What Life Is Like for Four Young Adults Supporting Their Aging Parents

Most young adults don’t expect to support their aging parents. Here’s what happened when four people had to.
You Saved and Saved for Retirement. Now You Need a Plan to Cash Out.

Most people enter retirement without any idea how to manage withdrawing their savings without running out of money. Here is what you need to know.
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.