Market declines during the first five years of retirement can have a significant effect on a financial portfolio, but remaining flexible can mitigate the damage.
Tag Archives: Pensions and Retirement Plans
How Republicans Are ‘Weaponizing’ Public Office Against Climate Action
A Times investigation revealed a coordinated effort by state treasurers to use government muscle and public funds to punish companies trying to reduce greenhouse gases.
6 Ways You’re Coping With a Roller-Coaster Market
Readers from around the world shared their strategies for protecting their retirement savings and how, or if, they’re adjusting their tactics.
West Virginia Punishes Banks That It Says Don’t Support Coal
The move to exclude the institutions from state business is part of a growing effort by Republican officials to shut out companies that are backing away from fossil fuels.
When a Woman’s Retirement Account Becomes the Family Emergency Fund
Women break into their savings to cover all kinds of expenses: home down payments, repairs, medical bills. That can hurt them years later.
Climate Risks of Investments Should Be Disclosed
The Securities and Exchange Commission is pushing for more openness by corporations.
When Stocks Become Bear Markets
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage — for you and the economy.
How an Organized Republican Effort Punishes Companies for Climate Action
Legislators and their allies are running an aggressive campaign that uses public money and the law to pressure businesses they say are pushing “woke” causes.
How to Save for Retirement as a Freelancer
There may be years when you have to drum up your own work — and create your own retirement plan.
French Candidates’ Economic Programs Hold Key to the Election
Promising tax cuts, higher wages and changes in the retirement age, President Macron and Marine Le Pen vie for undecided voters.
Tax Troubles for Some Investors in Vanguard’s Target Date Funds
Retirement investments that are fine in tax-sheltered accounts can generate big headaches without that protection. Vanguard’s target date funds are a case in point.
Edward C. Johnson III, 91, Dies; Made Fidelity an Investment Giant
Mr. Johnson’s exceptionally long tenure — he presided over Fidelity into his 80s — coincided with a huge expansion of his industry.
Gurkha Veterans Fight a Colonial-Era Legacy Still Shaping Nepal
Nepal’s best and brightest have been recruited while young to fight for Britain for over 200 years, with their pay and pensions a fraction of their fellow British soldiers’ for much of that time.
David McCormick Faces Scrutiny in Pennsylvania Over Teacher Pension Fund
David McCormick, a Republican Senate candidate in Pennsylvania, came under attack from his chief rival, Dr. Mehmet Oz, over the underperformance of investments for the state’s teachers.
Aaron Pointer Feels Forgotten as Baseball Gets Back to Business
Aaron Pointer, the last professional to hit .400, is part of a group of retirees that has had to fight for even a minimal pension.
How to Transition Into Retirement
Many older Americans like to ease into being an ex-worker — but you need to think carefully about just how to get there.
Stock Investing in Retirement for Those Able to Bear the Risk
Stocks and bonds are core investments. Now, Vanguard is suggesting that retirees willing and able to bear the risk may want a stock target of 50 percent.
Financial Planning for People With Chronic Diseases
Financial planning for people with chronic diseases is complicated and multifaceted. Start by building a team of people to help.
Stocks Are Great for the Very Young — and the Very Old
An economist says that retirees should tilt toward stocks as they age.
Karen Ferguson, Fighter for Pension Rights, Dies at 80
She started as one of Ralph Nader’s “Nader Raiders” and, after developing an expertise in retirement systems, became a leading advocate for workers’ rights.
How to Cope With Medicare’s Rising Costs
A higher Medicare premium in 2022 is just part of the puzzle of health care costs for older Americans. But there are ways to plan.
Pinterest Pledges $50 Million on Reforms to Resolve Discrimination Allegations
Shareholders had accused Pinterest’s board of directors of failing to respond to a pervasive culture of discrimination and retaliation against women and people of color.
Starting a Business With Your 401(k)? Be Careful.
As an aspiring entrepreneur, you may have a good idea, but tread lightly before using retirement savings as capital.
John Deere Workers on Strike Reject New Contract Proposal
Workers upset over insufficient wage increases and pension benefits have been on strike since mid-October.
How the Pandemic Has Added to Labor Unrest
While big companies wield considerable power, Covid’s economic disruption has given workers new leverage, contributing to a recent upturn in strikes.
Union for John Deere Workers Reaches Tentative Deal to End 2-Week Strike
The agreement must still be approved by U.A.W. members. They had rejected an earlier accord negotiated by the union.
Divestment Is Pushing Money Away From Fossil Fuels
The divestment campaign has taken much of the shine off what was once the planet’s dominant industry.
How Black and Hispanic Millennials Are Looking Outside of 401k’s for Investing
Some Black and Hispanic millennials are looking to alternatives like real estate or entrepreneurship, or to trading stock on their own.
Nabisco Workers End Weekslong Strike After Reaching New Contract
The impasse began in August after members of the Bakery, Confectionery, Tobacco Workers and Grain Millers Union objected to changes in shift lengths and overtime rules.
When to Collect Social Security: Why You Should Wait
More details on why experts advise to wait to claim benefits and on benefits for divorced spouses.
F.B.I. Asking Questions After a Pension Fund Aimed High and Fell Short
The Pennsylvania teachers’ retirement fund put more than half its assets into risky alternative investments. The math didn’t work out, spurring an investigation.
A Graying China May Have to Put Off Retirement. Workers Aren’t Happy.
Most Chinese workers retire by 60. But with the population aging and pension funds running low, the government says that must change.
Investing Made Simple for Beginners and Everyone Else
Managing your money for the long run can be easier than you might imagine.
Supreme Court Looks for Narrow Path in Investors’ Suit Against Goldman Sachs
Both sides agreed that generic statements about firms’ integrity and honesty can sometimes be the basis for securities fraud class-action suits.
In a First, Uber Agrees to Classify British Drivers as ‘Workers’
The new legal classification, which follows a U.K. court ruling last month, will entitle the workers to more pay and benefits, but stops short of making them employees.
In First, Uber Agrees to Classify British Drivers as ‘Workers’
The new legal classification, which follows a U.K. court ruling last month, will entitle the workers to more pay and benefits, but stops short of making them employees.
Rescue Package Includes $86 Billion Bailout for Failing Pensions
Democrats pushed through a big aid measure for multiemployer pensions whose problems predate the pandemic.
Eyeing Re-Election, Macron Walks a Tightrope Above Swirling Crises in France
The French president wants to change Europe, redefine his country and win re-election. But first he needs to overcome the biggest economic and social crisis since World War II.
Too Much Choice Is Hurting America
Learning from subprime, health care and electricity.
To Plug a Pension Gap, This City Rented Its Streets. To Itself.
Cities and states issued at least $6.1 billion in pension bonds last year. Novel ways to do so include renting property they already own under dummy corporations.
The Auto I.R.A. Is Gaining Traction as a Retirement Savings Option
The automatic I.R.A., administered by state governments, will be more widely available.
Female Workers Could Take Another Pandemic Hit: To Their Retirements
Unequal job losses now will translate into smaller nest eggs and Social Security benefits down the road.
New York State’s Divestment Threat Is a Victory for Climate Activists
The comptroller’s threat to pull billions from fossil fuel investments is a big victory for climate activists.
New York’s $226 Billion Pension Fund Is Dropping Fossil Fuel Stocks
The fund will divest from many fossil fuels in the next five years and sell its shares in other companies that contribute to global warming by 2040.
In Their 20s and Saving for Retirement: How It Started, How It’s Going
Three savers learned some important lessons early on.
Trump Bars Investment in Chinese Firms With Military Ties
The ban, which affects companies including Huawei, China Mobile and China Telecom, is the administration’s first major move toward decoupling American financial markets from China.
For Owners Looking to Sell, an Option That Keeps Their Company Intact
A sale to employees keeps the company local, and that may be more important to some owners than getting the highest price.
Marching Orders for the Next Investment Chief of CalPERS: More Private Equity
The nation’s biggest public pension fund is consistently short of the billions of dollars it needs to pay all retirees their pensions. It seeks higher returns.
Rethinking Retirement
The days and nights and years could be long — if you’re lucky. Here are some tips to make them meaningful, too.
Plight of the ‘Physical Worker’: Worn-Out Bodies and Little Savings
Americans laboring on farms, in factories and on cleaning crews often have to retire before safety-net programs kick in and without assets in employer plans.