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 »
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,... 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 »