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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 78-88
  • Stocks lift 401(k)s, but many Americans are unprepared for retirement

    Stocks lift 401(k)s, but many Americans are unprepared for retirement
    Last year’s stock-market surge boosted 401(k) accounts, but millions of Americans are still likely to run short of money in retirement, according to a pair of studies released Thursday. The average 401(k) balance reached a new record of $89,300 in...
  • The truth about public pensions in California

     The truth about public pensions in California
    When it comes to meeting California's state pension obligations, everyone agrees that paying the bills is a challenge. But exactly how big is the "unfunded liability"? Pessimists and optimists throw out wildly different totals for the state's 80...
  • Mayor's pension fix: Tax, cut

    Mayor's pension fix: Tax, cut
     Mayor Rahm Emanuel is proposing to raise property taxes and cut retirement benefits for some city workers to start digging out of a massive pension debt he inherited.    But the proposal the mayor and his top aides outlined late Monday would not...
  • Retirement: taking the plunge early

    Kiplinger's Personal Finance Bob Parisi was determined to retire while he was still healthy enough to enjoy it. "My mom died at 63 because she was a diabetic, and diabetes runs in the family," says Parisi. Now 61, he retired from his job as a data-...
  • Let's review a few 401 (k) basics

    When AOL CEO Tim Armstrong made a splash recently about changing (and then not-changing) the 401(k) corporate matching policy, the focus was on his rationale for the new policy. He blamed costly "distressed births" of two AOL employees ($1,000,000 each)...
  • Some Illinois Medicaid patients' assets at risk

    Some Illinois Medicaid patients' assets at risk
    More than 200,000 low-income Illinoisans have applied for new coverage under Medicaid, the state-federal health insurance that was expanded in Illinois and several other states as part of the Affordable Care Act. But for certain members of that group,...
  • Kevin Hunt: Pre-Pay Mortgage? Buy New Or Used Car? MyRA or Roth?

    Kevin Hunt: Pre-Pay Mortgage? Buy New Or Used Car? MyRA or Roth?
    We know where the time has gone, so stop asking. Where has the money gone? Let's try to minimize regret, and maximize assets, in 2014 with some basic guidance from Don Taylor, a financial columnist for Bankrate.com who is also a financial planner with a...
  • No easy fix for California's teacher pension crisis

    No easy fix for California's teacher pension crisis
    WEST SACRAMENTO — When the glass-sheathed headquarters of the California teachers' pension fund opened five years ago, it was supposed to help anchor developments along the blighted riverfront on the capital's outskirts. But as Jack Ehnes, the...
  • Detroit bankruptcy plan cuts pensions, payments to creditors

    Detroit hopes to emerge from bankruptcy this year in part by significantly cutting city workers' pensions and payments to bondholders, according to a blueprint filed Friday to restructure the city's $18-billion debt. Detroit is to invest $1.5 billion...
  • Burbank attorneys union files lawsuit against city

    The Burbank city attorneys union has filed a lawsuit against the city, claiming it forced the employees to pay a portion of their employee retirement contributions, which they argued the city had long ago agreed to cover. The Burbank City Attorneys Assn....
  • Keep credit cards active without slipping into debt

    Dear Liz: Recently I've paid off almost $20,000 in credit card debt and am determined not to go down that path again. Because I haven't used these cards in a while, though, I'm starting to get notifications from the credit card companies that they're...