More than half the oldest boomers- those born in 1946- had fully retired by the end of the year in which they turned 66, the age the Social Security Administration pegs as "full retirement age," according to a new survey by the Metlife Mature Marketing Institute.
NEW YORK, May 17- In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. "That's the way we look at it," says Prescher, who lives with his wife, Suzan Haskins, in an apartment with a view of Mount Imbabura. "
WASHINGTON, April 23- By the time you are nearing the pre-retirement years, you've probably heard all that nose-to-the-grindstone advice hundreds of times: Work longer. Plow as much as possible into your 401 because you might live to be 100 and you'll need that money later. Most notably, those from fund and 401 company T. Rowe Price Group Inc..
*Plan would trim Social Security retirement program. WASHINGTON, April 10- President Barack Obama proposed a $3.77 trillion budget on Wednesday that combines controversial cuts to social safety net programs with tax increases on the wealthy in a package the White House hopes will jumpstart deficit-reduction talks.
*Cuts to Social Security retirement program loom. WASHINGTON, April 10- President Barack Obama proposed a $3.77 trillion budget on Wednesday that combines controversial cuts to social safety net programs with tax increases on the wealthy.
Social Security retirement program for the next 75 years. Assistant Senate Democratic leader Dick Durbin said the panel would be modeled after the "Simpson-Bowles" deficit-reduction commission that made recommendations to Congress at the end of 2010, but failed to garner enough support to push its comprehensive budget savings through Congress.
NEW YORK, Feb 19- Sandy Harsh never expected to find herself with $16,800 in credit-card debt and her retirement dreams drifting farther away. Harsh, an IT professional from Tuscola, Illinois, is 62, around the age at which a lot of people start actively planning to retire to a white-sandy beach with a frozen margarita in hand.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.