Retirement: The Big Challenge
-
Retirees are ditching government bonds and demanding riskier assets.
Saving Money, Making Money
-
Start preparing for your retirement at least six months before you tell anyone at your office you are leaving.
-
Do You Wish You'd Prepared Better for Retirement?By: CNBC.com staff
Tasks to complete with your employer before your last day or work.
-
If you're a Baby Boomer, the biggest challenge in looking for work may come with reimagining your career. You don't have to completely reinvent yourself, but you may have to adapt to a new environment.
-
CNBC Poll: Will You Change Careers as You Age?By: CNBC.com
Many over-40 workers — the Generation X and baby boomer generations — are plotting their career options as they bear down on retirement age.
-
Financial reform proposals for Social Security are in two major deficit reduction packages, as well as on a number of mental lists of major players.
-
Focusing on milestones along the way, rather than simply on the final mark, may be an easier way to wind up with the money your need.
-
Whether you're a baby boomer or a member of Generation Y just beginning your career, building your nest egg should get a little bit of a boost thanks to new contribution limits for 401(k)s and IRAs
-
For years, Americans found a lot to dislike about annuities, calling them complicated and expensive. Though some experts say not that much has changed about the insurance product, fundamental changes in the average American's financial outlook have given new life to annuities.
-
A Smart Start to Retirement InvestingBy: Shelley K. Schwartz, | Special to CNBC.com
The decisions you make with your portfolio during the early years of retirement will set the stage for whether your savings will be sufficient to maintain a comfortable lifestyle.
-
Social Security Overhaul: An Obama Legacy?By: Michelle Lodge, | Special to CNBC.com
Among the fires that President Obama must fight immediately in his second term, Social Security reform isn’t in the mix. But if the president studies past administrations — and aims to enhance his legacy, as presidents do — Social Security may well rise to the top.
Generation Shift
-
Retirement Bliss May Turn to BluesBy: Dinah Wisenberg Brin, |Special to CNBC.com
Baby boomers, with their inheritances, homes, and old-fashioned pensions, may appear to be on track for a solid retirement — but some experts say the forecast for the generation born from 1946 through 1964 isn’t necessarily so rosy.
-
Retirement Planning for Generation XBy: Jessica Rao,|Special to CNBC.com
Gen X is the first generation to deal with the changing models of American retirement—and its members are flustered. The generation once called “slackers” has been true to form with retirement planning.
-
The financial hurdles of student loans, a weak housing market, and high unemployment are shaping this generation’s savings rate, with no end-date guarantee.
Video
-
Even relatively modest inflation has the power to erode a life's worth of investing & saving. To guard against inflation, CNBC's Sharon Epperson breaks down defensive moves and offers a model portfolio to protect your investments, so your golden years can remain just that.
-
Based on what boomers have in the bank, 75 could be the new 65, reports CNBC's Sharon Epperson.
-
How to catch up on your savings for retirement, with CNBC's Sharon Epperson.
-
CNBC's Sharon Epperson reports that today's struggling economy and general political uncertainty are making it difficult for some investors figure out how much they will need when they retire.
-
According to a survey by Ace Private Risk Services, nearly all the insurance agents and brokers surveyed said wealthy consumers were likely to be underinsured, explains CNBC's Sharon Epperson.
-
CNBC's Sharon Epperson reports how potential changes in 401(k) rules could impact your nest egg and how to maximize your retirement returns.
-
CNBC's Sharon Epperson and Joanne Johnson, JPMorgan Private Bank wealth advisor, discuss strategies that will help you plan ahead and get a better return on your retirement.
Tips and Advice
-
The Dos and Don’ts of Working After RetirementBy: Cheryl Winokur Munk,|Special to CNBC.com
Unfortunately, many people decide to retire without really thinking through the decision, and that can have dire circumstances.
-
Retiree Money Scams Flourish, Change With the TimesBy: Shelly K. Schwartz, |Special to CNBC.com
Some play the grandparent, some claim to cure illnesses that conventional medicine can’t. Others offer ways to make a quick buck to augment your savings.
-
Sharing-for-Cash: A New Way to Finance RetirementBy: Joan Voight,|Special to CNBC.com
If you like doing business online, have a knack for sites like Facebook, and want to meet new people, sharing-for-money may be an intriguing part of your retirement plan.
-
When Downsizing Makes Dollars and SenseBy: Elizabeth Alterman,|Special to CNBC.com
Uncertainty about making the right retirement moves is rife among the vast baby boomer generation. With 10,000 boomers turning 65 every day for the next 18 years, according to the U.S. Census Bureau, one thing that isn’t being downsized is concern about where and when to retire.
Archive
-
Among Rich Nations, US System Needs WorkBy: Dinah Wisenberg Brin,|Special to CNBC.com
Though they admit comparisons are tricky, economists generally view public retirement benefits in the United States as less generous than those in many other wealthy nations.
-
Possible Overhaul of Military Pension System Stirs FearBy: Alec Foege, |Special to CNBC.com
Military families worry about plenty of things, but their retirement plan usually isn't one of them – until now.
-
Staying aware of the changes in this important government program will help you be better prepared, in both your present and future financial planning efforts.
More From Sharon Epperson
-
Parents who borrow money to pay for their children's college education are exacerbating a growing student loan crisis.
-
Saving for retirement isn't enough. Protecting your nest egg is essential to secure your financial future over the long-term.
-
A new AP-CNBC poll finds 61 percent of U.S. respondents think it is "extremely" or "very difficult" to become a millionaire in this country today.
-
Baby boomers could stand to inherit more than $8 trillion in a transfer of wealth from their parents and, according to one estimate, more than a quarter of that money has already been doled out.
-
The good news is Americans are living longer. But the worry for many retirees is that they'll outlive their savings.
-
"Delaying retirement leaves a worker with fewer years of retirement to finance, more time to save and earn returns, and higher Social Security benefits," says one financial planner.
Archive
-
Retirement — especially in the global economy of the 21st century in which jobs are scarce and life-prolonging medical procedures plentiful — may be the financial challenge of our lives. Our special report examines the different challenges of three American generations (Boomer, X, and Y).
-
Among Rich Nations, US System Needs WorkBy: Dinah Wisenberg Brin,|Special to CNBC.com
Though they admit comparisons are tricky, economists generally view public retirement benefits in the United States as less generous than those in many other wealthy nations.
-
Saving for retirement isn't enough. Protecting your nest egg is essential to secure your financial future over the long-term.
-
Spreading Your Retirement Wealth Tax FreeBy: Michelle Lodge,|Special to CNBC.com
For those who retire with enough money to cover all their needs, you want to know how to give away as much as you can to loved ones without anyone paying any taxes.
-
Retiring? If You Play Bingo Here They'll Throw You OutBy: Constance Gustke, |Special to CNBC.com
From academics to athletics to the arts, theme-based communities are drawing retirees who want to share more than the beach, bingo and breakfast buffets.
-
7 Costly Retirement Mistakes to AvoidBy: Shelly K. Schwartz,|Special to CNBC.com
From collecting Social Security too soon or having too much of your nest egg in bonds, these mistakes can take a bite out of your standard of living.
-
Tips on Caring for Aging ParentsBy: Elizabeth Alterman,|Special to CNBC.com
For baby boomers, helping aging parents can be overwhelming. Experts offer tips on navigating affordable options, including in-home care and new "granny pods."
-
What Is the Future of Long-Term Care Insurance?By: Elizabeth Alterman, |Special to CNBC.com
As Americans live longer, debilitating diseases such as Parkinson’s and Alzheimer’s are rising, making the need for long-term care vital. Who should buy long-term care insurance and when?
-
The Dos and Don’ts of Working After RetirementBy: Cheryl Winokur Munk,|Special to CNBC.com
Unfortunately, many people decide to retire without really thinking through the decision, and that can have dire circumstances.
-
Retiree Money Scams Flourish, Change With the TimesBy: Shelly K. Schwartz, |Special to CNBC.com
Some play the grandparent, some claim to cure illnesses that conventional medicine can’t. Others offer ways to make a quick buck to augment your savings.
-
More Retirees Seek Affordable Senior Neighborhoods in the Heart of TownBy: Joan Voight,|Special to CNBC.com
Shying away from big resort-like senior communities, baby boomers are picking centrally-located senior neighborhoods that offer affordable housing with access to thriving community centers.