retirement

Retirees will see a major increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.

The cost-of-living adjustment means the average recipient will receive more than $140 extra a month beginning in January.

Have you ever thought about quitting your job permanently and retiring early? Well, you’re not alone. Throughout the pandemic, many people have been thinking about substituting their careers for something that will make them happier in life. LX News Storyteller Eric Rodriguez explores early retirement and things to consider before doing so.

A stock market slump sent 401K’s tanking in the first half of the year. And with stocks falling steeply again in recent days, you may want to analyze your risk assessment. Have you looked at your 401k recently? It’s been hard to stomach. “To be honest, I’ve been sort of in denial about looking at it,” one passerby in...

Cutting back on the three major expenses — housing, transportation and food — is key for “Super Savers,” who are saving at least half their income in an attempt to retire early. Insider senior investing reporter Kathleen Elkins interviewed several Super Savers, and joins LX News to discuss the frugal group.

Rob Gronkowski, like Tom Brady, didn’t mention the New England Patriots in his retirement post. The ex-Pats tight end finally addressed the snub.

You may have one, but do you know how it works? Chris Browning joins Current to discuss 401(k) and what to do if you change jobs.

After 21 seasons with the Sharks, two more with the Toronto Maple Leafs and part of a season with the Pittsburgh Penguins, Patrick Marleau is hanging up his skates.

A great hack to jumpstart your retirement savings: open a 401K through your job and start your own Roth IRA account. If you’re young, the best time to start funding your retirement is now, we explain in the latest installment of our “Surviving Capitalism” series.

When Congress eventually takes steps to repair Social Security’s solvency, it may raise the retirement age. Here’s what that could mean for benefits.

The tax return that’s used to determine whether you pay extra for Medicare premiums may not accurately reflect your income when you retire.

The House of Representatives has passed the Securing a Strong Retirement Act, or Secure Act 2.0. It’s good news for many retirement savers.

Lower earnings mean women miss out on an opportunity to invest and save for retirement, according to a new analysis from the Center for American Progress.

If you turned age 72 during the second half of 2021, the deadline for your first annual required withdrawal from retirement accounts is April 1, 2022.

The House of Representatives could vote on the Securing a Strong Retirement Act, or Secure Act 2.0, as early as Tuesday.

President Joe Biden’s 2023 budget could help fund service improvements for Social Security. Some groups had hoped to see more in the president’s proposal.

The deadline for 2021 traditional individual retirement account contributions is April 18. But there are special rules to qualify for a deduction. What to know.

Until 2020, Vanguard had collected the most new investor money in target-date funds each year since 2008, according to Morningstar.

Only 19% of women are confident they’re on track to retire without running out of money, according to TIAA. That’s compared to 35% of men.