Retirement, Squeezed
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Sean Schuback, a 15-year veteran of Verizon, arrived at work one morning last December to unsettling news: A company e-mail sent the night before announced that the telecommunications giant was freezing its pension plan. The traditional pension, also known as a "defined-benefit plan," is......
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Don't let anyone else decide how comfortable your retirement will be.
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As many pension plans have failed in the past three years, some high earners who retired early have been left with pensions much lower than what they had expected.
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If you work for a small company, is your retirement doomed?
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Tens of thousands of Americans are discovering, as they approach retirement, that money they were promised is not forthcoming.
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In the standoff between retirement savings and college savings, retirement wins.
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For most of us, it's the holiday season. But for a growing number of federal employees, it is also the farewell season. They are embracing the next stage of their lives: retirement.
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Surprise -- you may not be allowed to take advantage of a vital retirement tool.
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Budget impasses and growing deficit raise concern about long-term economic growth and retiree benefits.
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It's time to think a little about asset allocation.
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When stock markets fall, one of the biggest triggers of panic for private investors is the thought that their retirement savings are being chipped away before their eyes.
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If the market has made a dent in your retirement account, there are instances when you may deduct the losses.
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Time is on their side when it comes to earning money for retirement.
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Your nest egg might not be big enough to serve your future.
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Q. My wife and I are 60 and plan to retire at 62. At that time we will have $31,000 in annual income from Social Security and $48,000 from a corporate pension. A 401(k)/IRA of $1 million will provide additional income from investments.
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Have you been deferring your retirement savings for another day? Here's how to get back on track.
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Economic realities, longer life expectancies, and distaste for fogy activities might dictate that you'll retire well into your 70s -- if ever.