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Workers looking forward to enjoying a long and leisurely retirement after years of toil may need to think again. New research shows that brain function declines rapidly as soon as people stop work and put their feet up. A major British study which tracked 3,400 retired civil servants found that short-term memory declines nearly 40 percent faster once employees become pensioners. It appears that the lack of regular stimulation takes a heavy toll on cognitive function and speeds up memory loss and dementia, researchers warned. Professor Cary Cooper, an expert in organizational psychology at Manchester Business School, said the study...

If you've gotten yourself out of debt (except the mortgage) and have a sizable emergency fund ( 3-6 months expenses) 2018 may be a great year to boost your Retirement savings. Many will have increased paychecks and be able invest wisely, but not as much as they could. Many will benefit in 2019 from the 2018 tax cuts and increased Child Tax Credits by getting huge refunds in 2019. But why wait? Time is Money. By Increasing your Withholding Exemptions NOW you can increase your paycheck and boost your Retirement savings even more! Make it a priority to get any...

ALBUQUERQUE, N.M. — New Mexico has been ranked the eighth worst state in which to retire by the financial website WalletHub. The site ranked the states using 41 metrics on affordability, quality of life and health care. New Mexico fared especially poorly on property crime, ranking 50th. It did better on adjusted cost of living, where it ranked 18th; the percentage of population aged 65 and older (19th); and on health care facilities per capita (19th). The state ranked just ahead of Louisiana and just below Hawaii.

The kids are grown and gone. I live in the Northeast. I am looking to move to a small city or town or village. I am healthy, happy and adaptable. I would prefer a place that has a conservative base. Every location on the lists of best places to move are leftist s***holes. I am hoping for a place with four seasons, albeit, not as severe as the northeast. Elevations are fine, beauty is important, and so is the need of good, friendly people. Any ideas?

Public employees in California may have their pension benefits slashed due to the rollback of a longstanding rule in the state, Gov. Jerry Brown revealed in a recent budget briefing. The California governor revealed that he has a “hunch” legal proceedings could pave the way for cuts to public employees’ benefits. “There is more flexibility than there is currently assumed by those who discuss the California rule,” Brown said during the briefing.

FORT HUACHUCA — The community is invited to honor personnel retiring from active service during the quarterly Installation Retirement Ceremony at 3 p.m., Friday, Jan. 19. The quarterly retirement ceremonies recognize our retiring personnel who have served their country with distinction. In the ceremony, the Fort Huachuca community pays tribute to these retirees and their families who have helped ensure the defense of our nation during a significant period of its history. The public is welcome to attend, but those without DoD-issued ID cards must stop at the Visitor Control Center at the Van Deman Gate to apply for a...

WASHINGTON — In a city obsessed with "Fire and Fury" and Oprah Winfrey, Rep. Ed Royce, the 66-year-old Republican chairman of the House Foreign Affairs Committee, made no waves on Monday when he announced that he would not seek another term in his Southern California district after 25 years in office.

If you’re counting on Social Security to finance your retirement, you’re in for a big surprise—and not the good kind. Let me give you two reasons why. One: Social Security is going broke. And, two: Even if it weren’t going broke, it couldn’t possibly cover the cost of a decent retirement. Let’s look at these two reasons in a little more detail, and then I’ll propose a solution. Social Security is going broke. When this government program was set up in 1935, the average life expectancy was 60. But you couldn’t collect your first check until you reached 65. In...

The longest-serving Republican senator in U.S. history announced this week that he will finally, finally, finally, finally, finally, finally, finally retire. That's seven "finallys" -- one for each of the consecutive six-year terms Sen. Orrin Hatch, R-Utah, served. He begin his occupancy in 1976, when all phones were dumb, the 5.25-inch floppy disk was cutting-edge, the very first Apple computer went on sale for $666.66, the Concorde was flying high, O.J. Simpson was a hero, Blake Shelton was a newborn, the first MRI was still a blueprint, and I was a gap-toothed first-grader wearing corduroy bell-bottoms crushing on Davy Jones....

Key Points Taking Social Security benefits before you reach full retirement age may not be in your best interest. We’ll cover Social Security benefit eligibility and factors to consider when deciding when to take Social Security. The strategies for maximizing benefits can get complex—talk to your financial planner or tax professional if needed. When you start receiving full Social Security retirement benefits is a key question for your retirement plans. The first thing to understand is that the concept of “full retirement age” is a moving target that depends on your birth year (see table below). You can elect...

Donald J. Trump @realDonaldTrump FBI Deputy Director Andrew McCabe is racing the clock to retire with full benefits. 90 days to go?!!! 3:30 PM - Dec 23, 2017 ________

What did you do when you retired?Getting close to the point that I may be able to retire.Thinking about reselling,yard sales,goodwills,estates sales.Always enjoyed junking,antiquing.Gotta stay busy.

In the end this may have been the only compromise available to Pelosi. She couldn’t force him to resign and his allies in the House may have resented any attempt to make him do so, knowing that it would have appeared as though he was stepping down in disgrace. Which, ah, he would have been.So Conyers gets to finish out his two years, leaving on “his own terms” replete with plenty of pomp and circumstance in the House about his glorious legacy, and then he’s gone. And in the meantime Democrats get to cross their fingers and hope that there...

WASHINGTON — A growing number of House Republicans are choosing to voluntarily drain the swamp one year ahead of the the midterm elections. Nearly two dozen congressional Republicans have so far announced they will not be running for re-election, leaving Democrats enthusiastic about the potential for major gains in the 2018 elections. Nine Republicans are running for a different elected position, while 12 are retiring. And while Congressional retirements are common (on average, 22 House members retire each cycle, according to a CQ Roll Call analysis), the numbers so far are glaringly one-sided. Just two Democratic House members have announced...

In her powerful new book, “Nomadland,” award-winning journalist Jessica Bruder reveals the dark, depressing and sometimes physically painful life of a tribe of men and women in their 50s and 60s who are — as the subtitle says — “surviving America in the twenty-first century.” Not quite homeless, they are “houseless,” living in secondhand RVs, trailers and vans and driving from one location to another to pick up seasonal low-wage jobs, if they can get them, with little or no benefits. The “workamper” jobs range from helping harvest sugar beets to flipping burgers at baseball spring training games to Amazon’s...

Autoplay: On | Off House Judiciary Committee Chairman Bob Goodlatte (R-Va.) said Thursday that he will not seek reelection, becoming the latest in a string of GOP lawmaker retirements. Goodlatte, 65, is the third term-limited House committee chairman to announce his plans to leave the chamber within the last week. "With my time as Chairman of the Judiciary Committee ending in December 2018, this is a natural stepping-off point and an opportunity to begin a new chapter of my career and spend more time with my family, particularly my granddaughters," Goodlatte said in a letter to supporters.

Many Americans rely on Social Security benefits to see them through retirement, but how much should they really be depending on those checks? Not very much, experts said. Social Security is not being used as it was intended, said Ric Edelman, executive chairman and co-founder of Edelman Financial Services in Fairfax, Va. and author of “The Truth about Your Future.” When Congress and President Franklin D. Roosevelt created the system in 1933, the program was designed to be a safety net for Americans — for those who had no financial support. Now, “a great many Americans are relying heavily on...

Proposals floating around Washington to cap the amount that Americans can contribute before taxes to 401(k) plans and individual retirement accounts are unsettling professionals in the retirement industry. Republicans are looking for ways to generate revenue to support broad reductions in individual tax rates. One idea is to limit the amount of pretax money households can sock away for retirement saving. Such a move would likely generate significant political blowback but it hasn’t been explicitly ruled out, stirring worry among industry lobbyists.

Authored by John Mauldin via MauldinEconomics.com,The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate.Now, that’s possible; I'm inclined to haircut it a bit.If you asked me to bet the “over/under” on the debt in 2027, I would bet the over at $35 trillion.After the next recession the deficit will be $30 trillion within 4–5 years and then grow from there at a rate of anywhere from $1.5...

One-third of those who retire actually come back to the labor market and take another full-time job, according to Deutsche Bank’s Torsten Sløk. This “reverse retirement” rate is higher for workers in the highest and lowest income quintiles, as shown in the chart below. “Retirees either come back because they need more income (lowest income quintile) or they come back because the opportunity costs of staying at home are too high (highest income quintile),” Sløk explained....