Keyword: retirement

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  • Clinton: 'I Am Done With Being a Candidate'

    09/10/2017 9:01:20 AM PDT · by Zakeet · 79 replies
    Washington Free Beacon ^ | September 10 2017 | David Rutz
    Hillary Clinton said in an interview airing Sunday that her career as a political candidate is over, adding she was not finished with politics because "our country's future is at stake." In an interview on the CBS program "Sunday Morning," Clinton declared she would remain active but that she was "done with being a candidate." "Is your political career over?" CBS anchor Jane Pauley asked. "Yes. As an active politician, it's over," Clinton said. "You will never be a candidate for office—" Pauley started. "I am done with being a candidate, but I am not done with politics, because I...
  • New Research Confirms: No Crisis for Today's Retirees

    08/02/2017 10:40:24 AM PDT · by SeekAndFind · 6 replies
    Forbes ^ | 08/02/2017 | Andrew Biggs
    There’s nothing so classy as a policy wonk reveling in vindication. And I’m nothing if not classy. But there’s a bigger purpose to be served. What I – and more importantly, my co-author Syl Scheiber – were vindicated about is a 2014 Wall Street Journal op-ed arguing that perceptions of a “retirement crisis” are in part driven by bad data. Specifically, the Census Bureau’s Current Population Survey (CPS) is very poor at measuring the incomes that Americans derive from private retirement plans, including IRAs, 401(k)s and lump sum distributions from traditional pensions. As a result, retirees look poorer and more...
  • A Plan to Save Social Security: Simple and Workable

    07/25/2017 7:05:59 PM PDT · by SeekAndFind · 38 replies
    Townhall ^ | 07/25/2017 | Cal Thomas
    It is no secret that what the major media seem to care most about is radically different from what concerns average Americans. While the inside the Beltway crowd continues to focus on alleged collusion between President Trump and Russia, real concerns like the future of Social Security are ignored.The Social Security Board of Trustees, a six-member panel who serve the federal government by offering a short-term and long-range forecast on the health of the Social Security program, has issued a new report, which says that while the retirement program will be "cash flow positive" through 2021, it is still in...
  • Hits on federal retirement advance as bill is introduced to fire feds for ‘no cause at all’

    07/21/2017 7:52:09 AM PDT · by freedumb2003 · 68 replies
    Washington ComPost ^ | 7/21/2017 | Joe Davidson
    House Republicans greeted current and future federal employees with two controversial body blows in recent days — one amounts to a pay cut and the other would allow new feds to be fired for “no cause at all.” The House Budget Committee approved a spending plan that would save the government $163.5 billion over 10 years by taking that amount from federal employees. (snip) Republicans call their plan “Building a Better America.” But the Americans now working to build a better country through their federal jobs would be called on to sacrifice again, as they have repeatedly over the years....
  • Expat retirees enjoy a life reminiscent of an earlier time

    07/17/2017 12:46:44 PM PDT · by where's_the_Outrage? · 74 replies
    NextAvenue.org ^ | July 17, 2017 | Chuck Bolotin
    This article is reprinted by permission from NextAvenue.org. I’m seeing a yearning of many people around my age to return to a simpler time, like when we were growing up. My evidence: the hundreds of interviews I’ve done for Best Places in the World to Retire and the studies we did in which we asked expats about their lives abroad. Interestingly, many Americans and Canadians have not only moved abroad partly to search for a life reminiscent of an earlier time, but quite a few tell me that they’ve found it — and in some very unlikely places, including Mexico,...
  • To Retire Early or Not To Be, That Is the (Vanity)

    07/14/2017 3:48:57 PM PDT · by Eagles Field · 89 replies
    Apprehension | 7-14-17 | Eagles Field
    Approaching 63 early next year I’m seriously considering retiring. Still plan to work, 3 day weekends every week. In ’17 you could make around 20K, after that they would take a dollar off funds for every $2 made over ... apparently that figure will go up in ’18. Naturally the apprehension is giving up 20% for the rest of my life but I have a small pension which evens it out. But money lost nevertheless. What price is wrong for a better quality of life and precious time? Did you retire early and regret it or not and wish you...
  • Supreme Court Justice Ruth Bader Ginsburg Fails to Retire, Again; Also, Anthony Kennedy

    06/27/2017 8:04:21 PM PDT · by MilesVeritatis · 103 replies
    Breitbart ^ | June 26, 2017 | JOEL B. POLLAK
    Supreme Court Justice Ruth Bader Ginsburg declined to announce her retirement, once again, on the last day of the session on Monday. Also, Justice Anthony Kennedy declined to his announce his retirement, though he could do so over the summer. The 84-year-old Ginsburg — the “Notorious R.B.G.,” to her fans — has been on the Court since 1993, when she was appointed by President Bill Clinton. Since then, she has been a reliable liberal vote for 24 years....
  • Is $1 million really enough to fund your retirement?

    06/26/2017 7:45:52 AM PDT · by SeekAndFind · 149 replies
    The Motley Fool via USA Today ^ | 06/26/2017 | Wendy Connick, The Motley Fool
    <p>A million dollars is a lot of money, isn't it? Not when you're looking to finance your entire retirement. If you've got $1 million tucked away in your retirement savings by the time you're ready to retire, you won't starve, but you may not be able to live out your dreams either.</p>
  • Report: Justice Kennedy Contemplating Retirement

    06/24/2017 4:51:20 PM PDT · by jazusamo · 83 replies
    PJ Media ^ | June 24, 2017 | Rick Moran
    The Supreme Court announced on Friday that it will publish its final rulings for this term on Monday. Some significant cases, including the possibility the court will hand down a decision on the legality of President Trump's travel ban, will be decided. But Washington is rife with rumors and speculation about the future of Justice Anthony Kennedy and whether or not he will retire after the term. Kennedy is 80 years old and said to be seriously considering the idea of stepping down. If he did, it would set off the mother of all confirmation battles. Kennedy has been...
  • Anthony Kennedy retirement watch at a fever pitch

    06/24/2017 11:31:23 AM PDT · by Innovative · 112 replies
    CNN ^ | June 24, 2017 | Ariane de Vogue
    Justice Anthony Kennedy, the man who so often determines the outcome of the most controversial Supreme Court cases, is himself the center of brewing speculation. Will he stay or will he go? The rumors have swirled for months and the 80-year-old justice has done nothing either personally or though intermediaries to set the record straight on whether he will step down.
  • Justice Anthony Kennedy To Retire As Early as Monday (Report)(Wishful Thinking?)

    06/24/2017 3:24:29 AM PDT · by SMGFan · 59 replies
    Now, NBC News pundit and MSNBC host Christopher Hayes has announced there’s a strong chance Justice Antony Kennedy will retire on Monday. A liberal, Hayes believes the moves is the end of Roe v. Wade, the disasterous pro-abortion Supreme Court Case: Trump campaign insider Roger Stone confirmed that he’s hearing the rumors, too:
  • Most millennials are hoping to retire early, but only a fraction are doing what it takes

    06/09/2017 12:07:40 PM PDT · by CorporateStepsister · 50 replies
    MSN Money ^ | June 9 2017 | Tanza Loudenback
    According to a poll from our partner, MSN, 67% of American millennials (aged 18 to 29) want to quit the working world at or before age 65. The current full retirement age, meaning the age at which Social Security benefits fully kick in, is 67 for those born in 1960 or later. MSN polls its readers, and then uses machine learning to model how a representative sample of the US would have responded, using big data, such as the Census. It's nearly as accurate as a traditional, scientific survey.
  • EPA setting aside millions for buyouts and early retirement. Wait… what?

    05/22/2017 8:04:47 AM PDT · by SeekAndFind · 31 replies
    Hotair ^ | 05/22/2017 | Jazz Shaw
    Remember when the President set a target of reducing staffing at the EPA by thousands of people? It was one of his first initiatives upon taking office and while the process is taking some time it’s definitely moving forward. But I’m not sure he was anticipating the way these reductions are being rolled out. Government Executive reports this morning that there are indeed plans being put in place, but much of the work thus far seems to involve setting aside millions of dollars to fund early retirement plans and buyouts. The Environmental Protection Agency has set aside $12 million...
  • After 62 years of marriage, couple dies together while holding hands [TX]

    05/11/2017 10:20:40 AM PDT · by Red Badger · 120 replies
    www.ksat.com ^ | Updated: 5:17 PM, May 09, 2017 | By Chip Brewster
    Pair dies less than 1 hour 30 minutes apart LAKE JACKSON, Texas - After nearly 62 years of marriage, Lake Jackson couple Tom and Delma Ledbetter left this world about two weeks ago. “Mama was from Nebraska, and daddy was from Arkansas,” said Donetta Nichols. Nichols is one of the Ledbetters' daughters. She tells us the couple first met in their early 20s through mutual friends. “He was stationed in Florida and my mother and her girlfriend had moved to Florida,” she said. Their first date of sorts happened when Tom had to “just move his car.” “They drove around...
  • Italian bishop granted early retirement after begging to return to missionary work

    04/25/2017 8:11:31 PM PDT · by vladimir998 · 7 replies
    Catholic Herald (U.K.) ^ | 24 Apr 2017 | Catholic News Service
    Bishop Gianfranco Todisco asked to be sent 'to the farthest, most disadvantaged' diocese Pope Francis accepted the early retirement request of Italian Bishop Gianfranco Todisco, who begged to be allowed to return to missionary work or to be sent “to the farthest, most disadvantaged” diocese. The Vatican announced Bishop Todisco’s resignation on April 21 as Bishop of Melfi-Rapolla-Venosa in southern Italy. The bishop is 71, and the normal retirement age is 75.
  • Looking for Input from Freepers on Retirement Accounts

    04/25/2017 7:36:12 AM PDT · by Alberta's Child · 42 replies
    Self | April 25, 2017 | Alberta's Child
    Sorry for the vanity, but I'm dealing with a financial situation that is apparently a very unusual one and isn't easily addressed through traditional means. Long story short ... I'm looking into some options for opening a self-directed IRA (which is different from a self-managed IRA). The tax rules about these accounts are complicated, but I've determined that I can navigate them with minimal outside help. The issue I'm facing is that the IRS requires a third-party custodian to be involved in the process to file the necessary paperwork and annual tax forms. For the life of me, I cannot...
  • Here's how much the average family in their 50s has saved for retirement

    04/22/2017 11:01:48 AM PDT · by SeekAndFind · 117 replies
    CNBC ^ | 04/22/2017 | Kathleen Elkins
    By age 50, your golden years are just around the corner. To be financially ready to retire by 67, retirement-plan provider Fidelity Investments says you should aim to have eight times your salary saved by age 60. Are Americans on track? According to a report from the Economic Policy Institute (EPI), many Americans have some catching up to do. The mean retirement savings of a family between 50 and 55 years old is $124,831. For families with members between 56 and 61, the mean retirement savings is $163,577. But those numbers aren't representative of the state of American retirement....
  • Pope is planning to retire, say allies – but only once he’s appointed enough liberal cardinals

    04/21/2017 7:27:13 AM PDT · by NRx · 12 replies
    The Spectator ^ | 04-21-2017 | Damian Thompson
    Allies of Pope Francis are saying that he’s planning to follow the example of Benedict XVI and retire. But he’ll only do so once he’s appointed enough liberal cardinals to make sure that the next conclave doesn’t elected a conservative who will interpret Catholic doctrine more strictly than he does. This, at least, is what allies of the Pope have been telling colleagues – claiming that they’ve heard it from the pontiff himself. (Francis himself is a notorious chatterbox and so are some of the cardinals close to him.) The Pope, now 80, apparently wants to hold three more consistories...
  • Jobs That Retirees Can Do From Home

    04/20/2017 11:56:42 AM PDT · by 2ndDivisionVet · 60 replies
    Zing! by Quicken Loans ^ | April 20, 2017 | Kathryn W.
    You’ve hung up your work wardrobe and permanently disabled your alarm clock, but a person can only watch so many reruns and weed so many flowerbeds. Taking on a post-retirement job isn’t just about filling the hours, though. The average retirement lasts about 18 years, and only about 5% of people have adequate savings to sustain them after age 65. If you’re not part of that group, finding a work-from-home job can help you build up your savings, cover the bills that Social Security doesn’t meet or finance the travel you’ve dreamed of doing. That being said, you’ve earned a...
  • Advice for Seniors

    04/10/2017 4:52:51 AM PDT · by sodpoodle · 43 replies
    unnown | 4/10/2017 | self
    Where to Retire.