When You’re Forced to Cash Out in a Bearlike Market

You can’t leave money in your I.R.A. forever, as dictated by I.R.S. rules. This can put retired investors in a tough spot.

#age-chronological, #content-type-service, #individual-retirement-accounts, #personal-finances, #retirement, #savings

Roth I.R.A.s for Kids: First, Earn That Money

But there are rules around opening one for a child. First: The child must have earned income.

#children-and-childhood, #content-type-service, #financial-aid-education, #income, #individual-retirement-accounts, #personal-finances, #retirement

Violent Crime Is Up as Cities Lose Police Officers. What Now?

Some urban police departments are struggling to keep their numbers up.

#baton-rouge-la, #black-lives-matter-movement, #great-resignation, #murphy-paul, #police, #police-department-los-angeles-calif, #police-department-nyc, #retirement

Help With Medicare Costs: What You Need to Know

Low-income Americans on Medicare can get assistance paying their premiums and other expenses. Several states have allowed more people to qualify.

#age-chronological, #content-type-service, #drugs-pharmaceuticals, #elderly, #extra-help, #federal-aid-us, #health-insurance-and-managed-care, #income, #medicare, #medicare-savings-program, #personal-finances, #poverty, #retirement

‘I Had to Go Back’: Over 55, and Not Retired After All

After leaving the labor force in unusual numbers early in the pandemic, Americans approaching retirement age are back on the job at previous levels.

#age-chronological, #careers-and-professions, #coronavirus-2019-ncov, #hiring-and-promotion, #labor-and-jobs, #retirement, #united-states-economy

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.

#401k-403b-and-457-plans, #content-type-service, #freelancing-self-employment-and-independent-contracting, #individual-retirement-accounts, #labor-and-jobs, #pensions-and-retirement-plans, #personal-finances, #retirement

4 Ways to Fortify Your Retirement Against Market Volatility

So many factors cause volatility in the markets, making it tricky even for the experts to know what’s next. They still have ideas.

#benz-chris-1982, #content-type-service, #ibbotson-roger, #inflation-economics, #investing, #longevity, #personal-finances, #reichenstein-william, #retirement, #social-security-us, #stocks-and-bonds, #united-states-economy

When Financial Cheating Hurts Your Retirement Plan

Financial infidelity destroys trust. It can deliver a serious blow to your post-career planning, too.

#401k-403b-and-457-plans, #content-type-service, #credit-and-debt, #credit-cards, #divorce-separations-and-annulments, #marriages, #personal-bankruptcies, #personal-finances, #retirement

How Judicial Retirements Politicize the Courts

If the timing is right, it could mean a very similar judge will be the successor.

#appointments-and-executive-changes, #federal-courts-us, #retirement, #supreme-court-us, #united-states-politics-and-government

Fred Upton, House Republican Who Supported Impeachment, Will Retire

Mr. Upton is the fourth House Republican who voted to impeach former President Donald Trump to decline to run for re-election.

#elections-house-of-representatives, #impeachment, #michigan, #republican-party, #retirement, #trump-donald-j, #united-states-politics-and-government, #upton-fred

Everyone Has Crypto FOMO, but Does It Belong in Your Portfolio?

A growing array of investment options make it easier to put digital tokens alongside traditional investments. Here’s what to know.

#betterment-llc, #bitcoin-currency, #coinbase-inc, #content-type-service, #fidelity-investments, #gemini-trust-co-llc, #personal-finances, #retirement, #virtual-currency

Despite the Trend in Sports, Don’t Expect Ashleigh Barty to Un-Retire

When the world’s top women’s tennis player won the Australian Open in January, it became her crowning achievement. Her stunning retirement is a loss to tennis.

#australian-open-tennis, #badosa-paula, #barty-ashleigh, #content-type-personal-profile, #lawler-micky, #retirement, #swiatek-iga-2001, #tennis, #williams-serena, #wimbledon-tennis-tournament, #womens-tennis-assn

Generation X Is Helping Older People Age at Home

The Village to Village Network assists older people with the services they need to remain in their homes. A younger generation is getting involved.

#age-chronological, #aging-in-place, #content-type-service, #elderly, #generation-x, #mcwhinney-morse-susan, #retirement, #silent-generation, #village-movement, #village-to-village-network, #volunteers-and-community-service

You Quit Your Job, but You Still Need a Retirement Plan

Millions of American workers said goodbye to their bosses last year. If you’re one, don’t lose sight of your savings and investment goals.

#401k-403b-and-457-plans, #content-type-service, #entrepreneurship, #individual-retirement-accounts, #labor-and-jobs, #personal-finances, #retirement, #savings, #tax-credits-deductions-and-exemptions

Letter From Ukraine: ‘I’m Not Planning to Leave’

A woman in Ukraine and other writers express their horror and discuss how other countries should respond. Also: Anna Netrebko; erectile problems; retirement.

#coronavirus-2019-ncov, #defense-and-military-forces, #embargoes-and-sanctions, #kyiv-ukraine, #men-and-boys, #metropolitan-opera, #netrebko-anna, #north-atlantic-treaty-organization, #putin-vladimir-v, #retirement, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #vaccination-and-immunization

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.

#age-chronological, #content-type-service, #labor-and-jobs, #longevity, #medicare, #pensions-and-retirement-plans, #personal-finances, #retirement, #social-security-us, #social-security-administration

Using Tech to Optimize Your Social Security Benefits

A variety of online tools can guide retirees looking to make the most of this benefit — which many older Americans depend on.

#age-chronological, #computers-and-the-internet, #content-type-service, #financial-planners, #longevity, #personal-finances, #retirement, #social-security-us, #taxation

Ben Roethlisberger, Winner of Two Super Bowls, Retires From Pittsburgh Steelers

The quarterback, 39, spent all of his 18 seasons in the N.F.L. with the Steelers. His career was overshadowed by injuries and sexual assault allegations.

#national-football-league, #pittsburgh-steelers, #retirement, #roethlisberger-ben

A Guide to Quitting Your Job

From understanding why you want to leave to tackling health insurance and retirement plans, here’s your guide to a graceful exit — without leaving money on the table.

#content-type-service, #coronavirus-2019-ncov, #health-insurance-and-managed-care, #individual-retirement-accounts, #labor-and-jobs, #personal-finances, #quarantine-life-and-culture, #retirement, #savings, #work-life-balance

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.

#chronic-condition-health, #content-type-service, #disabilities, #disability-insurance, #drugs-pharmaceuticals, #elderly, #medicaid, #medicare, #national-multiple-sclerosis-society, #pensions-and-retirement-plans, #personal-finances, #retirement

You’re Going to Work a Long Time. Here’s How to Build in Breaks.

Living longer can mean having a longer career, whether by choice or necessity. Stopping and starting isn’t easy, but it might be worth it.

#age-chronological, #content-type-service, #labor-and-jobs, #longevity, #personal-finances, #retirement

It’s Never Too Late to Pick Up Your Life and Move to Italy

Holly Herrmann vowed to move to Italy when she was 20. Her dream came true 38 years later.

#bolzano-italy, #classical-music, #italian-language, #italy, #lecce-italy, #nevertoolate2021, #orvieto-italy, #padua-italy, #retirement, #travel-and-vacations

Inflation and Retirement: How to Protect Your Savings

With prices rising at their fastest rate in decades, people in retirement or approaching it should take extra care to protect their savings.

#consumer-price-index, #content-type-service, #drugs-pharmaceuticals, #elderly, #inflation-economics, #medicare, #personal-finances, #prices-fares-fees-and-rates, #retirement, #social-security-us, #united-states, #united-states-economy

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.

#401k-403b-and-457-plans, #content-type-service, #entrepreneurship, #pensions-and-retirement-plans, #personal-finances, #retirement, #savings, #small-business, #start-ups

Women May Be Better Investors Than Men. Let Me Mansplain Why.

Overconfidence is bad, and women are less likely to fall victim to it.

#content-type-service, #men-and-boys, #retirement, #stocks-and-bonds, #women-and-girls

Kaplan and Rosengren, Fed Presidents Under Fire for Trades, Will Step Down

Robert S. Kaplan will exit his role as head of the Federal Reserve Bank of Dallas next month. Eric S. Rosengren, the head of the Federal Reserve Bank of Boston, is also retiring earlier than planned.

#ethics-and-official-misconduct, #federal-open-market-committee, #federal-reserve-bank-of-boston, #federal-reserve-bank-of-dallas, #federal-reserve-system, #kaplan-robert-s, #powell-jerome-h, #real-estate-commercial, #retirement, #rosengren-eric-s, #stocks-and-bonds

Your Finances Took a Hit From the Pandemic. Here’s What You Do Now.

Find someone wiser than you, check your credit report and taxes, and stop catastrophizing. This is how you can do it.

#anderson-stephen-lee, #consumer-financial-protection-bureau, #content-type-service, #credit-scores, #finances, #labor-and-jobs, #personal-finances, #retirement, #unemployment

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.

#age-chronological, #content-type-service, #divorce-separations-and-annulments, #income-tax, #individual-retirement-accounts, #kotlikoff-laurence-j, #labor-and-jobs, #pensions-and-retirement-plans, #personal-finances, #retirement, #social-security-us, #wages-and-salaries, #widows-and-widowers

How to Enjoy Retirement Without Going Broke

The problem of decumulation is a tricky one, even for Nobel Prize-winning economists.

#asset-allocation-personal-finances, #economics-theory-and-philosophy, #individual-retirement-accounts, #internal-sub-only, #personal-finances, #retirement, #savings

Justice Breyer on Retirement and the Role of Politics at the Supreme Court

In an interview prompted by his new book, the 83-year-old leader of the court’s liberal wing said he is working on a decision about when to step down.

#appointments-and-executive-changes, #books-and-literature, #breyer-stephen-g, #elections-courts-and-the-judiciary, #retirement, #supreme-court-us, #united-states-politics-and-government

Americans Are Retiring Earlier Because of Pandemic

After years in which Americans worked later in life, the latest economic disruption has driven many out of the work force prematurely.

#baby-boomers, #coronavirus-2019-ncov, #labor-and-jobs, #personal-finances, #retirement, #social-security-us, #unemployment, #united-states-economy

Women and Social Security: How to Get the Biggest Check

Women tend to live longer than men, so they need as much retirement income as possible. Whether you’re 30 or 60, here’s what you need to know.

#content-type-service, #divorce-separations-and-annulments, #elderly, #income, #longevity, #retirement, #social-security-us, #social-security-administration, #widows-and-widowers, #women-and-girls

Social Security and Covid: Why Getting Help Won’t Be the Same

The pandemic abruptly closed the agency’s 1,200 offices, and officials are considering how to move forward. One issue: Without the offices, fewer low-income seniors sought benefits.

#consumer-protection, #content-type-service, #coronavirus-2019-ncov, #coronavirus-reopenings, #elderly, #health-insurance-and-managed-care, #medicare, #retirement, #shutdowns-institutional, #social-security-us, #social-security-administration, #weaver-david

Why Justice Breyer May Resist Calls for His Retirement

In a recent speech on “the peril of politics,” Justice Stephen G. Breyer said judges must renounce loyalty to “the political party that helped to secure their appointment.”

#appointments-and-executive-changes, #breyer-stephen-g, #retirement, #supreme-court-us, #united-states-politics-and-government

In Reversal, Retirements Increased During the Pandemic

Job losses, rather than rising asset values, seem to be the main cause in upending a decades-long trend.

#age-chronological, #coronavirus-2019-ncov, #retirement, #unemployment

How Spending Mistakes Can Be Early Signs of Alzheimer’s

Impulsive purchases, out-of-control spending: These behaviors can be early signs of Alzheimer’s disease or other cognitive decline.

#alzheimers-disease, #chronic-traumatic-encephalopathy, #credit-scores, #dementia, #elderly, #frontotemporal-dementia, #memory, #personal-finances, #retirement, #stocks-and-bonds

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.

#china, #labor-and-jobs, #longevity, #pensions-and-retirement-plans, #retirement

Rising Debt, Falling Income: How to Dig Out

More Americans over age 55 are carrying debt loads, and their nonmortgage debt grew significantly during the pandemic.

#content-type-service, #credit-and-debt, #credit-cards, #elderly, #finances, #personal-bankruptcies, #personal-finances, #quarantine-life-and-culture, #retirement

Turning Away From Nursing Homes, to What?

Covid-19 has driven down Americans’ demand for senior care facilities. Building support for more elders to remain at home requires systemic changes.

#content-type-service, #coronavirus-2019-ncov, #elder-care, #elderly, #medicaid, #medicare, #nursing-homes, #retirement

Uncounted in the Unemployment Rate, but They Want to Work

Millions have left the labor force in the last year, many home with children or health concerns. The statistics may not reflect their aspirations.

#coronavirus-2019-ncov, #hiring-and-promotion, #labor-and-jobs, #layoffs-and-job-reductions, #retirement, #unemployment, #united-states-economy, #women-and-girls

If You Live to 100, You’ll Need More Than Money

The number of centenarians in the U.S. is growing steadily. If you join them, you’ll need not just a robust retirement fund but also a plan, and a purpose.

#content-type-service, #elderly, #longevity, #personal-finances, #retirement

The Best States for Retirement in 2021

And the ones you may want to avoid.

#elderly, #prices-fares-fees-and-rates, #real-estate-and-housing-residential, #retirement

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.

#asset-allocation-personal-finances, #california, #illinois, #individual-retirement-accounts, #pensions-and-retirement-plans, #retirement, #small-business, #social-security-us, #states-us, #united-states

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.

#coronavirus-2019-ncov, #defrancesco-soto-victoria-m, #income-inequality, #pensions-and-retirement-plans, #retirement, #social-security-us, #unemployment, #wages-and-salaries, #women-and-girls

In Their 20s and Saving for Retirement: How It Started, How It’s Going

Three savers learned some important lessons early on.

#budgets-and-budgeting, #content-type-service, #coronavirus-2019-ncov, #generation-z, #millennial-generation, #pensions-and-retirement-plans, #personal-finances, #retirement, #savings, #stocks-and-bonds, #united-states, #united-states-economy

Medicare’s Choices Have Grown, but Many Americans Don’t Review Options

A new study shows that more than half of enrollees don’t review or compare their coverage options annually.

#content-type-service, #drugs-pharmaceuticals, #elderly, #health-insurance-and-managed-care, #kaiser-family-foundation, #medicare, #prices-fares-fees-and-rates, #retirement, #united-states

It’s Time to Talk About Social Security. No More Waiting.

Even before the pandemic, Social Security’s finances were under growing pressure. The next president and Congress will play a crucial role in what happens next.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #federal-taxes-us, #payroll-tax, #presidential-election-of-2020, #recession-and-depression, #retirement, #social-security-us, #trump-donald-j, #united-states-politics-and-government

Virtual Volunteering Still Offers Benefits

Older adults, particularly vulnerable in a pandemic, still work for their causes, but primarily from home now.

#elderly, #nonprofit-organizations, #philanthropy, #quarantine-life-and-culture, #retirement, #volunteers-and-community-service

Abandoned Retail Sites Become Senior Housing

Former malls and abandoned shopping-center sites are in the midst of a repurposing — and one of those new uses is senior housing.

#area-planning-and-renewal, #elderly, #home-health-care, #real-estate-and-housing-residential, #retirement, #retirement-communities-and-assisted-living, #shopping-centers-and-malls

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.

#federal-taxes-us, #labor-and-jobs, #labor-department-us, #pensions-and-retirement-plans, #retirement