Hines Ward has announced his retirement after 14 seasons in the NFL with the Pittsburgh Steelers. (more)
Warm weather makes Florida a popular retirement destination – but a lack of taxes on retirement benefits and estates makes it a smart destination too. (more)
The Occupy Wall Street movement has become a topic of national discussion. (more)
When Bob Dylan once mused that “death is not the end,” he may have been talking about government fraud and incompetence. In the past five years, the federal government has paid out $601 million in benefits to federal retirees who will never be able to enjoy them — because they’re dead. (more)
The employees of the Saudi Arabian Oil Company and Southwest Airlines may be the target of 401(k) envy if they retire in the near future. Financial data company BrightScope lists those two companies as having the best 401(k) plans in the country based on BrightScope’s proprietary plan rating. Users can visit BrightScope’s website to check if their employer’s 401(k) plan is in the database. The rating takes into account company contributions, fees, investment menu quality, vesting schedules, eligibility periods and other criteria, from data filed Dec. 31, 2009. (more)
What should you do about the latest stock market volatility? Nothing at all, according to a recent survey from Fidelity Investments. The mutual fund giant’s just-released report shows that people who maintained a long-term savings and investing strategy are emerging as clear winners from the 2008-09 downturn. This evidence is good to keep in mind as you’re reeling over the latest market downturn. (more)
The number of people retiring later in life has increased according to AARP, with 33 percent of survey respondents saying they planned to delay retirement. An additional 44 percent say they intend to work part-time even after retiring. (more)
The state funds that pay pension and health-care benefits to retired teachers, corrections officers and millions of other public workers faced a cumulative shortfall of at least $1.26 trillion at the end of fiscal 2009, according to a new report. (more)
WASHINGTON (AP) — Baby boomers facing retirement are worried about their finances, and many believe they’ll need to work longer than planned or will never be able to retire, a new poll finds. (more)
Sen. John Ensign’s (R-Nev.) announcement Monday that he will not seek reelection continues a string of retirements that sets a new standard. (more)
Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago: moving workers away from guaranteed pension plans and toward 401(k)-type retirement savings plans. (more)
ALBUQUERQUE, N.M. (AP) — As U.S. Sen. Jeff Bingaman shook hands of those congratulating him on his years of service, he turned to the crowd and said: “Sure seems like a wake in here, doesn’t it?” (more)
Lance Armstrong is calling this one “Retirement 2.0.” (more)
Arizona Republican Sen. Jon Kyl will not run for re-election in 2012, reports The Washington Post. (more)
(CNN) — Brett Favre never used the word retirement, but a post-game news conference following Minnesota’s 20-13 loss to Detroit Sunday had all the appearances of a swan song. (more)
Defenders of public employee pension systems often make the case that pension benefits are not all that generous. The outrageous cases you see on the news — Long Island police retiring in their 40s with pensions in excess of base pay, administrators “retiring” with six-figure pensions and then going back to work with another government agency, one ex-FDNY firefighter running marathons on his $86,000 “disability” pension — are the exceptions, they say. (more)
President Obama must have taken magician lessons in his free time as a community organizer. His rollout last week of a two-year pay freeze for federal employees was a great example of a tricky sleight of hand; essentially, ‘ooh, look over here — a pay freeze!’ But he didn’t show us what was up his sleeve: something called ‘step increases’ (basically, longevity raises) that won’t be frozen. According to the Federal Times, about 75 percent of all federal employees will get a ‘step’ increase in salary during Obama’s so-called ‘pay freeze’ period. (more)
The Social Security Administration announced a rule change Wednesday aimed at scuttling a strategy that allowed some well-heeled seniors to retire early without permanently reducing their benefits. (more)
The central storyline of the early days of the 2012 election cycle in the Senate revolves around retirements. (more)
VERSAILLES, Ky. (AP) — Zenyatta is headed off to retirement in Kentucky. (more)























