Archive | Retirement

Roth 401k, retirement

Sudden Retirement? Here’s What To Do Next

The pandemic seems to be driving a surge of early retirements as businesses close or downsize and older people weigh the health risks of continuing to work.

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discrimination, older workers

Older Workers Face Higher Unemployment Amid Pandemic

For the first time in nearly 50 years, older workers face higher unemployment than their midcareer counterparts, according to a study released Tuesday by the New School university in New York City. 

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Older adults

Older Adults Are Having Second Thoughts About Where to Live

Some older adults who planned to move to senior housing are now choosing to live independently rather than communally. Others wonder whether transferring to a setting where they can get more assistance might be the right call.

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Medicare, benefits

Why Taking Social Security Benefits Early Costs Too Much

Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep.

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retirement

Hit By The Virus And Weighing A Raid On Retirement Fund?

Many Americans are struggling financially due to the coronavirus. A recent federal relief package makes it easier for people financially harmed by the coronavirus outbreak to tap into their retirement savings for cash by loosening rules for withdrawals and loans. 

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Retirement,

How To Raid Your Retirement Funds In A Crisis

In an ideal world, your retirement accounts would be left alone for retirement. You’ve probably noticed that we’re not living in an ideal world.

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