retirement savings

Mass. Town Official Charged In $500,000 Theft While On Probation

Mass. Town Official Charged In $500,000 Theft While On Probation

Some people just don't learn the lesson the first time. A pension manager in Maynard, Mass., faces felony theft charges for the second time in just months. On Tuesday, Timothy McDaid (pictured, left) was charged with stealing $521,000 from the town's retirement fund -- a mere eight months after he pleaded... Read More »

80 Is The New 65 For Retiring Americans

80 Is The New 65 For Retiring Americans

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 »

More Americans Raiding Retirement Funds

More Americans Raiding Retirement Funds

It looks like more Americans will be working longer and harder than ever. It seems that we're tapping into our retirement funds for tomorrow in order to make ends meet today, and if the economy is getting better, somebody had better tell our bank accounts. In fact, a new study released by Bankrate, Inc.... Read More »

Retirement Savings a Thing of the Past

Retirement Savings a Thing of the Past

More than a third of Americans expect to be working until the bitter end, if trends in retirement savings are any indication. Thirty-four percent of Americans have no retirement savings and 27 percent have no personal savings, according to a recent Harris Poll. Read More »

Most Americans Unprepared for Retirement: Employers Try to Help

Most Americans Unprepared for Retirement: Employers Try to Help

The bad news is that your boss probably isn't very confident you're saving enough for your own retirement. The good news is that your employer is probably doing more to see that you're taken care of. Those are the findings of a report released by Aon Hewitt, an international human resources consulting and... Read More »

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