Word: retiree
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Dates: during 2000-2009
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Lenny Solomon, singer, songwriter, and lab administrator, will retire this coming December after 38 years as the research program manager for Harvard’s Anderson Research Group.
The study, released Thursday by Sun Life Financial, shows that 65% of Americans no longer believe they can retire when they had previously expected to, up 11 percentage points from a similar survey done at the end of 2008. The study, which polled 1,451 workers from Aug. 14 to...
John Evans, director of wealth management at Truepoint Capital LLC, a wealth-advisory firm in Cincinnati, Ohio, says he's seen a 50% increase during the past six months in the number of clients nervously asking if they'll have enough cash for retirement and if they need to cut...
Read TIME's cover story "Why It's Time to Retire the 401(k)."
What should be done to fix the nation's retirement system? Any retirement-savings system that is to be used by a majority of Americans should accomplish a number of goals. First of all, it should encourage participation. Second, it should help working Americans manage risk by providing the tools...