BOSTON (MainStreet) -- The grim prospect for aging New Yorkers: One-third of them won't have enough money to retire comfortably.
That's according to a study released Thursday by New York City Comptroller John C. Liu and the Schwartz Center for Economic Policy Analysis at The New School in Greenwich Village.
One-third of New Yorkers won't have enough money to retire comfortably, accordin
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Search results for retirement
NYC Workers Face 'Retirement Crisis'
Posted by Silverdawn 10 days ago (http://www.thestreet.com)10 Best Funds for Your Retirement
Posted by MapleLeafs 52 days ago (http://www.thestreet.com)
NEW YORK (TheStreet Ratings) -- TheStreet.com Ratings reviews the risk-adjusted return performance of around 25,000 funds every month. There is no time like the present to select from among the best rated asset allocation funds to build a retirement nest egg.
If you are planning to retire in about 30 years, take a look at the following funds targeted for a retirement in the year 2040. Each of th
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Is it Easier for Singles to Save For Retirement?
Posted by trunks1138 115 days ago (http://www.thestreet.com)
BOSTON (MainStreet) -- When it comes to retirement planning, who has it better, singles or married couples?
The answer -- singles, according to many Americans -- may be based more on perception than reality.
Singles may find it harder to save for retirement than the conventional wisdom suggests. Singles are actually significantly less prepared for and confident about retiring, a study say
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Generation Y Already Worried About Retirement
Posted by Theiornman 153 days ago (http://www.thestreet.com)
BOSTON (MainStreet) -- Their retirements may be decades away, but 20-somethings are already doubtful they will have enough saved to sustain their golden years.
Only 18% of Americans ages 20-29 are confident they will have enough money to live comfortably when they are ready to retire, found a survey by The PNC Financial Services Group.
With decades to go before they retire, Millennials are
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Seamless Life Blends Roles Before Retirement
Posted by Spartan504 197 days ago (http://www.thestreet.com)
HUNT VALLEY, Md. (MainStreet) -- Forty-six hours per week. Multiplied by 48 weeks per year. Multiplied by 46 years. Equals 101,568 hours you'll likely spend working in this lifetime. So between the ages of 21 and 67 (we'll call that your working years, although most start earlier and stop later), you'll spend more than 50% of your discretionary hours working.
What implications does this have? Wh
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Study Finds Couples at Odds Over Retirement
Posted by jonagutten 221 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- Money squabbles are a perpetual source of friction among couples. New research by Fidelity Investments illustrates how differing expectations when it comes to retirement planning may be adding to that stress.
Fidelity surveyed 648 married couples, ages 46-75, to find where husbands and wives agreed, or didn't agree, on their knowledge, expectations and opinions about retire
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5 Ways to Save Your Retirement From Inflation
Posted by rabbithop1 242 days ago (http://www.thestreet.com)
By Dave Carpenter, AP Personal Finance Writer
Inflation is the long-term threat stalking every portfolio.
The effect may not be very noticeable in the short run. But by the time you're deep into retirement, inflation can deal a devastating blow to your savings.
...
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5 Retirement Mistakes that Will Haunt You
Posted by JMaster500 245 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- "You'll regret it. Maybe not today, maybe not tomorrow, but soon and for the rest of your life."
Those words, spoken on a tarmac at the finale of the classic film Casablanca, could be stretched from the intended affairs of the heart to how we plan for retirement.
Those planning for retirement must be able to recognize and avoid financial moves that could bring long-la
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In Your 40s? Assess Your Retirement Savings
Posted by zebbiehidie 254 days ago (http://www.thestreet.com)
BERKELEY HEIGHTS, N.J. (TheStreet) -- By the time you reach your 40s you have roughly 20 years of your career in the rearview mirror. Workers in their 40s need to get serious about planning for their retirement. Even if you love what you do and plan to work until you drop, you still need to get serious about planning for retirement.
Very simply, you may not be healthy enough to work until you dr
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70 Is the New 65: Retirement Age Shifts Upward
Posted by MrGoodcat 348 days ago (http://www.thestreet.com)
By Danny King, DailyFinance
NEW YORK (DailyFinance) -- North Americans appear to be more optimistic about their longevity than their retirement prospects, according to Nielsen survey gauging how people around the world plan to spend their golden years.
That's the crux of a Nielsen survey gauging how Americans and Canadians plan to spend their retirement compared to their counterparts in other
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Professional Women Worry About Retirement
Posted by Tinselteeth 360 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- A survey by MetLife of "career women" ages 45-70 earning $75,000 or more a year shows the group, despite confidence about how they manage their household finances, worry about having needed assets for retirement.
The recent study, produced by the Women's Institute for a Secure Retirement and the MetLife Mature Market Institute, found 62% of these respondents think they may
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The Scary Plight of Going Broke in Retirement
Posted by Unknown963 363 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- A survey by Allianz Life Insurance of North America this past summer found that among a sampling those ages 44 to 75, more than three in five said they worry more about running out of assets than dying.
The upside of such fears is that they may spur a more serious savings strategy. The considerable downside, however, is that some of these spooked respondents may see their
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Seniors Fear Spending Retirement Income
Posted by sebihp2007 377 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- Employer-sponsored plans are increasingly treated as "God-forbid" income sources, "to be tapped only as an absolute last resort under the most dire of circumstances."
That's among the conclusions drawn from national focus groups convened by Hearts & Wallets, a retirement and savings research firm based in Massachusetts and New Hampshire. The focus groups -- held in New Jers
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Many Miss Out On Retirement Tax Credit
Posted by sebihp2007 386 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- A federal income tax credit of up to $2,000 may be overlooked by most Americans with retirement plans who can take advantage of it.
The Saver's Credit is designed as an incentive for low- to middle-income workers to save for retirement. But, according to the Transamerica Center for Retirement Studies, very few workers who may be eligible may even know it exists.
Eve
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Brett Favre files retirement papers with NFL
Posted by GhostBear5 386 days ago (http://sports.espn.go.com)
Brett Favre has filed his retirement paperwork with the NFL.
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3 Retirement Funds Prep for Harder Times
Posted by neuropoison 450 days ago (http://www.thestreet.com)
By Stan Luxenberg
NEW YORK (TheStreet) --
Will another bout of inflation appear? Plenty of economists worry that the Federal Reserve's efforts to flood the economy with cash will trigger inflation in coming years.
So far, consumer prices remain subdued, but managers of target-date retirement funds are preparing for harder times. The funds are adding commodities and inflation-protected bonds,
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Retirement Age Boost Part of Deficit Plan
Posted by EbilPancake 454 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- A bipartisan commission tasked with tackling the federal deficit weighed in yesterday with a series of initial proposals that include sweeping budget cuts and changes to how Social Security benefits.
A draft proposal, released Wednesday by the National Commission on Fiscal Responsibility and Reform, calls for $200 billion in budget reductions; $11.2 billion shaved from dome
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The Pittsburgh Steelers excused James Harrison from practice Wednesday as the Pro Bowl linebacker contemplated retirement, according to his agent.
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Early Retirement Still an Option for Many
Posted by Ninjawiki 481 days ago (http://www.thestreet.com)
Despite the trend of having to work later in life, there are many who can still enjoy early retirement.
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Large Retirement Funds in Growth Bind
Posted by jiggibidy 482 days ago (http://www.thestreet.com)
It's difficult for large, popular retirement funds to maintain the same pace of growth they had at the start.
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Parents Dip Into Retirement Funds for Tuition
Posted by Runehawk571 489 days ago (http://www.thestreet.com)
To put aside more money for college tuition, parents are dipping into their retirement funds.
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Baby Boomers Play Retirement Guessing Game
Posted by neuropoison 588 days ago (http://www.thestreet.com)
Baby Boomers are wildly off in estimating their retirement needs.
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Companies Stand Pat on Retirement Plans
Posted by rhodan842 593 days ago (http://www.thestreet.com)
Corporate America expects finances to improve, though they're not willing to boost retirement plans.
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Fidelity Uses iPhone for Retirement Updates
Posted by Theiornman 594 days ago (http://www.thestreet.com)
With the release of the iPhone 4, Fidelity has launched an app for its retirement plans.
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Big cities see gains as boomers delay retirement
Posted by Gangsternub 686 days ago (http://www.chron.com)
Battered by recession, more older Americans are staying put in traditional big cities to hold onto jobs, creating slowdowns in population growth at once-popular retirement destinations widely found in the South and West.
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