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Retirement

A collection of news and information related to Retirement published by this site and its partners.

Top Retirement Articles

Displaying items 111-121
  • Saving Illinois: How the pols who caused this crisis can save Illinois from ruin

    Saving Illinois: How the pols who caused this crisis can save Illinois from ruin
    "(W)e have concluded that the provision was aimed at protecting the right to receive the promised retirement benefits, not the adequacy of the funding to pay for them." — Illinois Supreme Court, ruling that the Illinois Constitution says even a...
  • Borrowing from 401(k) to pay mortgage has its risks

    Q: I read something a year ago about the possibility of paying off your mortgage with funds from a 401(k) plan without paying any penalty. Is that something that could happen? — M.R. A: Doubtful, said Rick Meigs, president of 401khelpcenter.com....
  • Why interest rates may stay very low for a lot longer

    Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year,...
  • Retirement: how to save enough to retire

    NNN RET617.KIP Kiplinger's senior editor Anne Kates Smith interviewed Carrie Schwab-Pomerantz, president of the Charles Schwab Foundation and senior vice-president at Charles Schwab & Co. Schwab-Pomerantz is the author of The Charles Schwab Guide to...
  • Women planning retirement face challenges [Commentary]

    Women planning retirement face challenges  [Commentary]
    The working population is heading toward retirement like lemmings to the edge of the cliff — about 10,000 Americans turn 65 every day. And although that age is no longer the hard and fast stop date it was in the past, it is certainly a watershed...
  • How a bad Chicago Public Schools idea got worse

    How a bad Chicago Public Schools idea got worse
    In April, Chicago Public Schools officials revealed that they intended to grab what turned out to be $650 million from the district's fiscal 2016 budget. They said they wanted to shovel that not-yet-collected revenue into their fiscal 2015 budget to...
  • Contract gives police raises, increases pension contributions

    The Newport Beach City Council on Tuesday approved a new contract with police that includes raises over the next three years in exchange for employees paying more toward their retirement. The Newport Beach Police Assn., which covers about 180 sworn...
  • Challenges turn baby boomers to entrepreneurship

    Bohnne Jones didn't count on having to fire her husband, Larry. And David Whiting works six days a week at his smoothie franchise, knowing he would have made substantially more had he left his retirement money in the stock market. Despite the...
  • O'Malley's fiscal legacy [Editorial]

    O'Malley's fiscal legacy  [Editorial]
    When the three major Wall Street bond rating agencies reaffirmed Maryland's AAA rating last week, Gov. Martin O'Malley issued a news release crediting his administration's "fiscally responsible approach" to budgeting. Given the extent to which Mr. O'...
  • Flaw in pension law sparks university retirements

     Flaw in pension law sparks university retirements
    Albert Valocchi, a University of Illinois engineering professor, recently recruited new graduate students to join his research team. He is scheduled to teach two classes this fall. He has several grant proposals pending. But Valocchi, 60, may not be...
  • Council to review options to address Glendale budget deficit

    Although city fees related to Glendale’s building boom and a rebound in post-recession sales taxes are expected to boost resources for the city’s budget, rising pension, medical, and other costs are expected to eat into those increases,...