Retirement

Some see it as a state of stillness. A second childhood. A new chapter. The opportunity to live life rather than merely make a living. Some described it as hell. For others, it has been heaven. We asked readers to submit their stories of retirement, and almost 1,500 of you responded. The responses make it
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These retirement savings accounts, which are often pitched to young investors, can be a good option for older and retired workers. At 72, Janice Campbell might not seem like your average investor in a Roth account. Those investment vehicles — funded with after-tax dollars instead of the pretax contributions that go into most individual retirement
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Here is what experts say are the costliest stumbles people make with their retirement savings accounts — and how to get back on course. In a surprising turn, given the usual grim reports about how little most Americans have saved for retirement, there’s been a spate of good news lately about 401(k) investors. Plan participation,
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Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says. The Oregon Public Employees Retirement Fund prides itself on being open about its investments, publishing monthly reports that provide more timely information than most other state and local
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Amid the pandemic, people thought the labor market had permanently changed in important ways. It was a bad bet. Remember the “she-cession”? What about the early-retirement wave, or America’s army of quiet quitters? For economists and other forecasters, the pandemic and post-pandemic economy has been a lesson in humility. Time and again, predictions about ways
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An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002. Retirees just got some encouraging news: Coming changes to Medicare rules for prescription drugs may help rein in their health costs. In part because of recently enacted limits on retiree prescription drug costs, the estimated
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Two French business titans, Bernard Arnault of the LVMH empire and Françoise Bettencourt-Meyers of L’Oréal, are named the world’s wealthiest man and woman. PARIS — France, which has been riven lately by angry protests over income inequality, can now claim to have the world’s richest man and woman: Bernard Arnault, the chief executive of the
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Millions of workers open retirement accounts, then ignore or forget about them, leaving thousands of dollars unattended. Are you one of them? Raquel Charles was in her mid-20s when she signed up — begrudgingly — for her first retirement account. Wading through paperwork to start her job at the Administration for Children’s Services in New
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