Savings

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? ...

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 ...

While workers prize their employer-sponsored retirement plans, few feel that they're prepared to retire. Changes to traditional pensions, known as defined-benefit plans, is one reason U.S. workers worry about they're ability to retire, according the latest "What's Working Survey" from the consulting firm, ...

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 ...