The markets have been rallying since October. That sounds like good news for baby boomers approaching retirement age.
But here's a different question: why are we so into the idea of retirement in the first place? Read More »
Experts have long held that baby boomers would work well into their golden years -- if only because of financial necessity.
But a new study shows that the oldest in the group, those born in 1946, are retiring in droves -- and not all of them in happy circumstances.
Nearly 60 percent of the early boomers... Read More »
By Dave Kolpack
FARGO, N.D. (AP) -- The daily protests by union workers outside the American Crystal Sugar plant in Moorhead, Minn., have become sporadic, and nine months into the company-imposed lockout, the only hint of the ongoing contract dispute Monday was a pro-union poster someone had nailed to a... Read More »
By Blake Ellis
NEW YORK -- Concerns about job security and piles of debt have left American workers more pessimistic about retirement than ever.
Only 14 percent of workers feel "very confident" that they will have enough money to live comfortably in retirement, while 38 percent of workers say they are... Read More »
By Danny Rubin
By now, you're probably chipping away at your New Year's resolution: go to the gym more often, learn a new language, start a garden, stop biting your nails, etc...
Those are all worthy goals for 2012 and with enough dedication, you'll be speaking Mandarin and shedding pounds in no time. Read More »
The idea of retiring at age 65 is no longer a reality to many Americans, with many anticipating that they will have to work another 15 years -- to age 80 -- before they can afford to quit work, a new survey shows.
Further, the poll of 1,500 middle-class Americans showed that 76 percent of respondents felt it... Read More »
By David Pitt
DES MOINES, Iowa (AP) -- Most of the companies that either suspended or reduced their 401(k) matches during the economic downturn have reinstated them, business consultant Towers Watson said in a study released Wednesday.
An analysis of 260 mid- to large-sized companies shows that 75 percent... Read More »
It's true that generous employer perks are among the many casualties of the unemployment crisis. But on the bright side, most of us won't miss the cushier ones. After all, how many out there got to take advantage of expense-account first-class travel or company-aided adoptions? Read More »