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Home  Senior News
Senior News

Survey: 38% Say Economic, Market Turmoil To Stall Retirement

http://online.wsj.com/article/BT-CO-20100831-707330.html, August 31, 2010

The latest quarterly retirement survey from Charles Schwab Corp. (SCHW) shows more than half of Americans approaching retirement age expecting to retire debt-free and nearly 90% plan to keep working.....

read full story...

September 01, 2010 07:18 EST
Much has been written lately about the need to extend the retirement age of our judges after the departure of four prominent and highly respected judges who were forced to retire on reaching the age of 65 years, at a time when they were at the peak of their intellectual capability. Society cannot afford to lose such learned and experienced individuals on the basis of age limitation.
September 01, 2010 07:13 EST
Nearly four dozen Virginia  companies, governments and unions have been approved for a temporary federal program that will help employers pay high-cost claims of early retirees not yet eligible for Medicare.
September 01, 2010 07:09 EST
Nearly 2,000 employers and unions have been approved to seek federal reimbursement for the health claims of their "early retirees," or retired workers 55 or older who are too young for Medicare, the Obama administration announced Tuesday.
September 01, 2010 07:07 EST
Year of monitoring not enough, they say
September 01, 2010 07:04 EST
Let’s say you have just retired and want to invest your savings to produce steady income. You could buy immediate annuities, which provide a nice payout since a lot of the money you get in the monthly checks is a return of principal.
September 01, 2010 07:02 EST
Taking out a 401(k)  loan is like cutting off your own limb. Most advisers would call it an act of fiscal insanity, unless you're genuinely trapped with no other financial lifeline available.
September 01, 2010 06:48 EST
WEST LAFAYETTE, Ind. — An early retirement package has been offered to more than 1,600 Purdue University staffers with hopes that it will cut personnel costs by $6.6 million a year, school officials said.
September 01, 2010 06:47 EST
The latest quarterly retirement survey from Charles Schwab Corp. (SCHW) shows more than half of Americans approaching retirement age expecting to retire debt-free and nearly 90% plan to keep working.
September 01, 2010 06:45 EST
A panel recommends increasing contributions by employees, raising the retirement age for new hires and reducing some benefits.
August 31, 2010 00:26 EST
The amount of money the West Chester Area School District must contribute to the state's Public School Employees Retirement System will jump from $2.6 million in the 2011-12 school year to $14 million in the 2013-14 school year, according to the district's current projections.

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