Detroit proposed slashing retirement benefits by up to 34 percent in a plan unveiled Friday to get it out of bankruptcy, giving rise to significant implications for public pensions in California.
A comfortable retirement is becoming more elusive for aging Americans, many of whom will have no choice but to work well into what should be their golden years.
To up your returns on retirement investments, you'll need to reduce fees, reduce taxes and increase savings. But how?
January's global stock sell-off has left many small investors more puzzled than panicked, and unsure how to act.
The new "myRA" retirement savings accounts President Obama announced in his State of the Union speech are aimed at averting a retirement savings crisis for millions of Americans who have no way at work to save for retirement.
Analysis suggests that many Americans are falling short of what they will need for a secure retirement. A growing body of research offers explanations as to why that is and what to do about it.
Social Security benefits will rise just 1.5 percent in January, giving millions of retired and disabled workers an average cost-of-living adjustment of $19 a month.
Older workers say they expect to keep working well into their retirement years, according to a new survey.
The average working household in the U.S. has
virtually no retirement savings, a new report concludes.
Although Texans believe they've accrued more wealth than their parents did when they
were their age, many aren't confident they'll have enough money for
retirement and plan to work until they are no longer able, according to a survey.
CalPERS is spending heavily on real estate again, but the latest buys reflect newfound caution on the part of the public employees retirement plan.
Philip Falcone, the billionaire hedge fund
manager, has reached an agreement in principle with the
Securities and Exchange Commission to settle civil fraud charges that he
used fund money to pay his taxes and favored some clients over others.
The AARP Foundation will offer free tax preparation for individuals of any age with low to moderate income.
Many Social Security recipients "are unbanked, while others are simply uncomfortable in the digital world," John Runyan, president of the group, said in an email to The Bee.
Health economist Tim McBride thinks Social Security can be fixed with minor tweaks -- perhaps less generous inflation increases, or lifting the $113,700 limit on wages subject to the payroll tax.