Required minimum distributions apply to most retirement accounts, so it’s important to know the rules beforehand. Nora Carol Photography/Getty Images Most people spend decades focused on one retirement goal: saving as much as possible. But at a certain point, the federal government steps in with a different agenda — and it has nothing to do … Read more
Knowing how much you’re required to withdraw in retirement can help you avoid costly missteps and make the most of your savings. Nora Carol Photography/Getty Images Retirement planning has always required a careful balance between saving enough and spending wisely. But for the millions of Americans who are nearing or already in retirement, the focus … Read more
On weekday mornings, Myndie Friedman is out the door just as the sun rises over the Atlantic Ocean, a block from her home in Long Beach, New York. Friedman’s first stop is a 7:30 a.m. bus, which she takes to a local train station for a roughly hour-long trip into Manhattan’s Midtown neighborhood. Then she … Read more
Spirit Airlines pilot has impromptu retirement party on Southwest flight – CBS News Watch CBS News A Spirit Airlines pilot was scheduled to captain his last commercial flight on Saturday, but then the airline shut down. Tony Dokoupil shows what happened next. Source link
Dallas Police Department throws retirement party for K-9 after he and his officer were shot – CBS News Watch CBS News Dallas Police Corporal Scott Jay has been in some dangerous situations on the job, but nothing like when he and his K-9 were shot. Tony Dokoupil has the story. Source link
Nearly one-fifth of all adults 65 and older are working or looking for work, which is the highest amount in decades. Many say it isn’t a choice, but a necessity as they face rising costs. Kelly O’Grady reports. Source link
We’re trying to fight our smartphone addiction. But with so much time on our hands, and no job calling us, it isn’t easy. Source link
NEWYou can now listen to Fox News articles! President Donald Trump said he is “prepared” to appoint up to three Supreme Court justices if vacancies arise, signaling he is ready to further reshape the high court as speculation swirls around a potential retirement from Justice Samuel Alito. Trump told Fox Business’ Maria Bartiromo when asked … Read more
Certain debt relief strategies may protect your Social Security or retirement benefits, but the context matters. Francesco Carta/Getty Images It makes sense to assume that once you’ve retired, the financial battles that came with your working years are behind you. And, in some ways, that’s true. You’re no longer focused on earning a paycheck and … Read more
Americans expect to work about four years longer than they’d like as rising living costs and health care expenses reshape their retirement plans, according to new research from Economist Enterprise. Only 1 in 5 workers say they want to stay in the labor force longer because they enjoy their jobs, according to the report, which was published … Read more