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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 45-55
  • Illinois politicians seeking court guidance on pensions may be let down

    Illinois politicians seeking court guidance on pensions may be let down
    For Gov.-elect Bruce Rauner and other politicians looking to the courts for guidance on how to legally reduce a worst-in-the-nation public pension debt that threatens to hamstring Illinois' economy and government, Sangamon County Circuit Judge John Belz...
  • Bruce Rauner says he hopes Illinois Supreme Court gives clue on pension law

     Bruce Rauner says he hopes Illinois Supreme Court gives clue on pension law
    Making his first post-election appearance at the Capitol on Thursday, Gov.-elect Bruce Rauner said he hopes the Illinois Supreme Court eventually will provide guidance on what changes are acceptable when it comes to fixing the state's more than $100...
  • Board Gets Advice On Plans For State Retirement Savings Program

    NEW BRITAIN — Of all retirees who receive Social Security, 26 percent are living on those checks alone. A state Retirement Security Board, made up of private sector employees and state and union officials, is trying to make sure that doesn't...
  • Do you need an actively managed fund?

    Not all experts agree whether actively managed funds can outperform index funds. Some do in the short term, but it is certainly not easy to select actively managed funds that will outperform index funds in the long term. An index fund manager buys all of...
  • Some Virginia lawmakers turn an $18,000 salary into a $55,000 pension

    Some Virginia lawmakers turn an $18,000 salary into a $55,000 pension
    Earlier this summer, Bob Brink paused for a memory from his first days in the General Assembly "A few weeks before I was sworn into office in 1998 … I took a walk around the Capitol and I stopped outside the House chamber. The curtains were...
  • The hard truth about Americans' retirement options

    The hard truth about Americans' retirement options
    Alicia H. Munnell has some gloomy words for Americans about retirement. "There are only three options," she writes in her new book, "Falling Short: The Coming Retirement Crisis and What to Do About It." "The first is to simply accept that we are going...
  • Some ethics ideas emerge in the General Assembly

    Some Virginia legislators are starting to think about ethical issues that erupted when former state Sen. Phil Puckett resigned and Del. Terry Kilgore confirmed he had discussed offering Puckett a lucrative post with the state tobacco commission....
  • Risk tolerance matters when making cash-flow decision

    Q. I'm retired, 71, and living on my Social Security and a pension totaling $3,200 monthly. I have an IRA worth $412,000 sitting out of the stock market and another $38,000 in a savings account. I don't trust the stock market and believe it to be...
  • California pension funds are running dry

     California pension funds are running dry
    A decade ago, many of California's public pension plans had plenty of money to pay for workers' retirements. All that has changed, according to a far-reaching package of data from the state controller. Taxpayers are now on the hook for billions of...
  • A concerned retired teacher gets some lessons in money management

    A concerned retired teacher gets some lessons in money management
    For years, Sasha Firman worried that her students were moving through high school unprepared for the world ahead of them. Her language students needed help with basic grammar, spelling, punctuation — things they should have mastered long before....
  • Seniors' income rebounds, but many still hurting

    Seniors' income rebounds, but many still hurting
    Five years after the recession ended, income for seniors in Broward and Palm Beach counties is rising while the population as a whole loses ground. The median household income for people 65 and older in Broward County was $34,415 in 2013, up from $29,...