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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
  • Five questions for financial gerontologist Cyndi Hutchins

     Five questions for financial gerontologist Cyndi Hutchins
    As baby boomers ebb out of the workforce and into retirement, financial advisers are helping wind down their clients' careers by preparing them for soon-to-be-reduced incomes. Meet Cyndi Hutchins, Bank of America Merrill Lynch's director of financial...
  • District 113 superintendent to step down early

    District 113 superintendent to step down early
    The embattled superintendent of Highland Park and Deerfield high schools will retire early under a new deal that boosts his pension even as the district is trying to tighten its budget. After months of controversy and calls for his resignation,...
  • Supreme Court ruling signals trouble for state, Chicago

    Supreme Court ruling signals trouble for state, Chicago
    The Illinois Supreme Court ruled today that subsidized health care premiums for retired state employees are protected under the Illinois Constitution, signaling potential trouble for an overhaul of pension benefits that’s also being challenged in...
  • 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....
  • Commentary: No simple solution for unfunded pensions

    Editor's note: Attorneys John Stephens and Tim Sesler, two members of Costa Mesa's Pension Oversight Committee, asked the Daily Pilot to publish the panel's findings and recommendations. The committee put together a series of three articles, titled...
  • 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...
  • 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...