retirement news

17th December
2009
written by new retirement
The Tacoma City Council passed a resolution Dec. 15 approving the Retirement Board's appointment of Monica Butler to the position of retirement systems director.
17th December
2009
written by new retirement
Apparently, filing for re-election a week ago wasn't enough for one prominent newspaper to leave Congressman Chet Edwards out of retirement rumors.
17th December
2009
written by new retirement
A come-and go-retirement party for outgoing Police Chief John Ball will run from 3:30 to 6 p.m. today at the Hoover Pavilion in Wright Park. The public is welcome to attend.
17th December
2009
written by new retirement
The first of a wave of luxury retirement communities in the Northeast Valley is nearly complete.
17th December
2009
written by new retirement

Automatic enrollment of employees in a 401(k) plan is likely to get more workers to save something for retirement. But it might not boost retirement savings overall, suggests a new Center for Retirement Research at Boston College study. An increase in 401(k) participation means employers that provide a 401(k) match will have to spend more money on employee benefits. Firms that can’t or don’t want to increase compensation may take a scalpel to the 401(k) match.

17th December
2009
written by new retirement

Buy a house, pay the monthly mortgage, watch your home's value grow, and eventually sell it and fund your retirement dreams. It seemed to be the natural order of things until the bubble burst. For older homeowners, the new order of things is to either sell your home at a huge loss or stay put and hope things will get better before you're too old and frail to have any retirement dreams left. For recent homeowners, there is no dream. But there is a nightmare: Buy a house at an inflated value, pay a teaser mortgage until you can't afford it, watch your home's value fall like a rock, and then sink with that rock as you either default, renegotiate your loan, or sink further underwater each month. Renting never looked so good.

[See Best Affordable Places to Retire.]

17th December
2009
written by new retirement

For workers without a traditional pension, retirement is a do-it-yourself affair. But the majority of Americans have not done any retirement planning, according to research released today. Only 42 percent of working Americans have ever tried to figure out how much they need to save for retirement, the survey conducted by the Treasury Department, President’s Advisory Council on Financial Literacy, and the FINRA Investor Education Foundation found. Even among those closest to retirement, just 51 percent of Americans between the ages of 45 and 59 have attempted to calculate how much they must accumulate.

17th December
2009
written by new retirement
John Hancock Retirement Plan Services was recognized for communications excellence by the League of American Communications Professionals winning five platinum, seven gold, four silver and two bronze awards.
17th December
2009
written by new retirement
Scimeca is forced to call it a day. (©PAphotos) Cardiff's Riccardo Scimeca has announced his retirement from football just a day after undergoing an operation on his groin.
17th December
2009
written by new retirement
MADISON - Barry Kroll, president and CEO of the Madison Area YMCA, has disclosed his retirement from the organization effective May 31, 2010.
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