CHICAGO, Feb 4- The gender pay gap is a hot topic in the presidential campaign, and President Barack Obama has been hammering on it, too. Women who work full-time, year-round, made just 79 cents for every dollar paid to their male counterparts in 2014, U.S. Census Bureau data shows. The income gap translates directly to lower income from Social Security and pensions-...» Read More
Though Social Security benefits have long been a successful federal safety net for millions of Americans, some lawmakers and policy analysts believe the only way to save it from inevitable bankruptcy is to privatize the system.
Neil Carpenter took a pay cut when he accepted a job as a Louisiana state accountant more than 12 years ago, but he figured he would make up for the loss with a retirement check that would guarantee long-term financial security for him and his family.
Leo De Bever, AIMCo CEO, weighs in with some of his long-term value plays in high-quality stocks, corporate bonds and emerging markets.
While saving for retirement is a traditional approach, other methods are often needed to fund nest eggs. For many, there's nothing better than the family home — especially if the mortgage is paid off.
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.
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.
Saving for retirement isn't enough. Protecting your nest egg is essential to secure your financial future over the long-term.
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.
At the behest of New York City’s public pension funds, two of the biggest financial companies with headquarters in the city, Goldman Sachs and MetLife, have agreed to publicly disclose information about the racial and gender breakdowns of their staffs.
CNBC's Sharon Epperson reports how potential changes in 401(k) rules could impact your nest egg and how to maximize your retirement returns.
With 10,000 Americans turning 65 every day, many Baby Boomers are making a decision: what will be their retirement age?
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).
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.
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.
Is your IRA running at full throttle? Many people don’t realize that IRAs are not set-it-and-forget-it retirement vehicles. They need regular tune-ups to make certain they are producing enough to fund your retirement goals.
The good news is Americans are living longer. But the worry for many retirees is that they'll outlive their savings.
Some state officials are considering a novel proposal to rebuild America’s ailing retirement system: having state pension funds run retirement plans for companies. The New York Times reports.
UK public sector workers make less effort than those in the private sector, so should be forced to retire at a later age, veteran economist and strategist Roger Nightingale told CNBC Tuesday.
For most of us, retirement will be the shortest, most challenging period of our lives and yet few are fully prepared for this life stage.
Public spending on health has already lurched out of control, owing to expensive new technologies and malfunctioning medical markets. Here's why three reforms will be crucial.