Category: Retirement

What a Trump Presidency Could Mean for Social Security Benefits

Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their payments.
It’s Time to Shop for Medicare, and 2025 Brings Big Changes

A bumper crop of revisions, including a stronger drug benefit, means the plan you enrolled in for 2024 may not be the best fit next year.
Their Parents Are Giving Money to Scammers. They Can’t Stop Them.

One son couldn’t prevent his father from giving about $1 million in savings to con artists, including one posing as a female wrestling star. The two became estranged.
Why Boeing Workers Rejected a New Contract: Retirement Benefits

A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.
Will Social Security Be There for Millennial and Gen-Z Workers?

Despite fears about long-term solvency, millennials and Gen Z workers have a major stake in the program.
Social Security Benefits to Climb 2.5% in 2025

The annual cost-of-living adjustment will increase monthly checks for millions of beneficiaries, including retirees and disabled workers.
Retiring Solo: How to Plan When You’re on Your Own

More Americans are entering their later years without people they can automatically turn to for assistance with their health and finances. Here’s how to start.
In Shanghai, Searching for Those in Search of Connection

Every week, lonely retirees in the city gather in a public park — and an Ikea canteen — with one goal in mind: finding true love. Alexandra Stevenson shared their stories.
Why Roth Accounts May Be a Good Savings Option at Any Age

These savings accounts, which are often pitched to young investors, can be a good investment option for older and retired workers.
How to Avoid Online Scams and What to Do if You Become a Victim

Here are tips on how to dodge some of the most devastating schemes and what to do if you or someone you care about becomes ensnared.
When the Stock Market Drops, Stay Calm and Do Nothing

There is no reason to think that you can predict what will happen in the markets in the next few hours or in the near future. It’s better not to try.
Scammers Are Targeting Older Americans and Their Retirement Savings

Criminals on the internet are increasingly going after Americans over the age of 60 because they are viewed as having the largest piles of savings.