News on Retirement continually updated from thousands of sources around the net.
2 hrs ago | Stuff.co.nz
Nineteen retirement villages and aged-care facilities from Canterbury to Auckland will consider a proposal to amalgamate ownership and list on the NZX. They would unite under a corporate entity, Hercules Ltd, and existing shareholders would have an interest in the enlarged group.
3 hrs ago | The Telegraph
Come November, the retired state government employees would be able to avail cashless healthcare services. The Mukhyamantri Chikitsa Sahayata Kosh entails free medical services for them at state-run hospitals.
3 hrs ago | MSN Money
In 2013, ownership of retirement accounts by U.S. households fell below 50 percent, continuing a downward trend. And if you're a lower-income individual, the retirement participation percentage was even lower, at 40 percent -- an eight percentage point decline since 2007.
4 hrs ago | The Washington Post
President Barack Obama is lending his voice to national radio ads by the Democratic National Committee, seeking to motivate African-American, female and other voters who tend to sit out midterm elections. The first ads, aimed at African Americans, started running Monday and are part of a coast-to-coast buy worth more than $1 million.
4 hrs ago | Examiner.com
Senatorial candidate Gary Peters told The Detroit News he will not be selling his stock in Total S.A., an oil company profiting from pet coke. In an article appearing in yesterday's newspaper , Peters was responding to claims from the Terri Lynn Land campaign that Peters is being hypocritical by claiming she is being backed by campaign contributors that profited off petroleum coke that had been stored in the Detroit area.
8 hrs ago | Fox News
Thirteen percent of working adults think they will never be able to afford to retire, according to a new survey. What' more, on average, most of us figure we'll work until age 68. That's not just depressing.
9 hrs ago | US News & World Report
Maintaining a balance in taxable, tax-deferred and tax-free accounts can help to decrease your tax bill in retirement. If you do all of your saving for retirement in traditional 401 s and individual retirement accounts, you could face hefty required withdrawals in retirement that bump you into a higher tax bracket.
14 hrs ago | US News & World Report
If your employer offers a 401 match, do what you can to meet it. That's free money for your nest egg.
17 hrs ago | MarketWatch
Jack Tatar is the author of the book, "Safe 4 Retirement: The Four Keys to a Safe Retirement" which takes a holistic approach to retirement that considers not only the financial aspects but the need to focus on health, wellness, mental attitude and staying involved as keys to living a long and safe retirement. Jack is a former Financial Advisor and current CEO of GEM Research Solutions, a leading market research firm focused primarily on the financial services industry.
At first glance, the news appears good: Comparatively few households headed by older Americans carry student debt compared with other types of debt, according to a new report. The U.S. Government Accountability Office found that about 3 percent of households headed by those age 65 or older - about 706,000 households - carry student loan debt.
According to the National Center for Health Statistics , the life expectancy was 68.2 years in 1950. In 1970, it was 70.8; by 2010 it had risen again, to 78.7 years.
Men and women who have set up retirement accounts in hopes of building future wealth can now use these accounts to purchase real estate. The JWB company has created its real estate investing for retirement account holders guide at http://www.jwbrealestatecapital.com .
Today's retirees are generally healthier, living longer and more active and engaged with everything their new life has to offer. But all of that good news can also be the cause of some concern: Is it possible you will outlive your retirement savings? Worrying about how far your retirement savings will take you can get in the way of moving forward and enjoying life so let's try to put that worry to rest with a six step plan for determining your retirement income longevity.
Dear Mr. Berko: Several weeks ago, your email advice to our 32-year-old college-educated son about Social Security was distressing and frightening, and went overboard with negativity. It illustrated your lack of faith in the American system.
Millions of American workers save a portion of their earnings inside employer-sponsored retirement plans such as a 401 , 403 , 457 and other plans that allow their participants' contributions to grow on a tax-deferred basis. And while the aforementioned plans are by far the most common, they are not the only types of retirement savings plans in use.
Many people won't save enough money for a comfortable retirement , but women have an even higher risk than men of coming up short when they stop working. There are three key factors that have the greatest influence on retirement savings: income levels, risk tolerance and life expectancy.
One of the key issues facing many retirees today is income taxes . Those who have to pay substantial taxes after they stop working are left with a smaller amount of money to live on than they may have expected, while those who pay little or no taxes can often get by on fairly modest means.
Updated: Mon Sep 15, 2014 06:00 pm
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