Keyword: retire
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Rep. Jan Schakowsky, a left-wing Democrat who has represented the 9th congressional district of Illinois since 1999, will reportedly announce her retirement next month at the age of 80. Politico reported: Rep. Jan Schakowsky is planning to announce next month she won’t seek reelection after 14 terms in the House and has started informing allies of her retirement decision, according to two people granted anonymity to describe the private conversations. The veteran Illinois Democrat, 80, confirmed in a statement that an announcement is forthcoming, though she did not say what it would entail: “I’m going to announce my plans on...
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At least six senior FBI leaders have been ordered to retire, resign or be fired by Monday, according to sources briefed on the matter, extending a purge that began last week at the Justice Department across the street from the FBI headquarters. The senior officials are at the executive assistant director level or special agent in charge level and include those who oversee cyber, national security and criminal investigations, the sources told CNN. Some were notified while Kash Patel, President Donald Trump’s pick to lead the agency, sat answering questions from senators for his confirmation hearing Thursday. Trump transition officials...
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The NYPD’s highest-paid employee — who shoveled in more than $400,000 last year — filed for retirement this week amid an internal affairs probe into her astronomical overtime, The Post has learned. Lt. Quathisha Epps will retire just shy of 20 years with the department, sources said — an early exit that will impact her pension and cost her a $12,000-a-year supplement for cops who reach the two-decade mark. Leaving money on the table is seemingly uncharacteristic for Epps, who raised eyebrows by pulling in roughly $204,000 in overtime last year for her administrative job in NYPD Chief of Department...
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Special counsel Jack Smith reportedly plans to retire before President-elect Donald Trump takes office in January, denying the incoming president a chance to fire him. Smith, who oversaw the federal criminal cases against Trump related to the 78-year-old’s attempts to overturn the 2020 election and the hoarding of classified documents, is wrapping up his work ahead of the 47th president’s inauguration on Jan. 20, 2025, the New York Times reported. Smith’s plan is to get ahead of Trump’s promise to “fire” the special counsel within “two seconds” after being sworn in, sources told the outlet. He intends to finish his...
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Supreme Court Justice Samuel Alito does not intend to retire in light of President-elect Donald Trump’s election victory, according to the Wall Street Journal. Trump’s election sparked speculation Alito and Thomas, 74 and 76 years old, respectively, would retire to enable Trump to appoint younger conservative justices to the bench. However, people close to the justice told the WSJ this is not a factor in Alito’s plans. “Despite what some people may think, this is a man who has never thought about this job from a political perspective,” an individual close to Alito told the WSJ. “The idea that he’s...
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Boeing's head of quality for commercial airplanes, Elizabeth Lund, who has spearheaded the planemaker's improvement plans, will retire in December, the company said on Monday. A 33-year veteran of Boeing, Lund had been named in February to the new position of senior vice president of quality for its commercial planes, after the crisis sparked by the Jan. 5 mid-air panel blowout of a new Alaska Airlines 737 MAX 9. In June, the National Transportation Safety Board said Boeing violated investigation rules when Lund provided non-public information to media and speculated about possible causes of the blowout. The agency barred Boeing...
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Many plan to work well into their 60s or even 70s, thinking they can compensate for years of undersaving. But according to recent surveys, retirement may come earlier than expected for many Americans – whether they're ready for it or not. The average retirement age in the U.S. is about 62 years old, even though most workers expect to retire around 67. In fact, more than 56% of retirees left the workforce earlier than they planned, according to a Transamerica survey. So, what's causing this gap between expectations and reality?
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Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Sunday sharply criticized an anonymous “senior Democrat” who was quoted saying the party was “resigned” to another four years under former President Trump. Ocasio-Cortez, in a post on the social platform X, said Democratic members who feel that way should “absolutely retire” from their posts in Congress. “If you’re a ‘senior Democrat’ that feels this way, you should absolutely retire and make space for true leadership that refuses to resign themselves to fascism,” Ocasio-Cortez wrote on X. “This kind of leadership is functionally useless to the American people,” she added. “Retire.” Ocasio-Cortez was responding to...
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Gen Xers are edging closer to retirement age and realizing that their 401(K) won't go the distance, an alarming report shows. A survey reveals that 55-year-old Americans have typically saved less than $50,000 for their pension — far below the $446,565 that's recommended at this stage. Nearly a quarter of them expect to be cash-strapped and plan to turn to their children for support. More than a fifth said they'd likely need to move in to their kids' spare room or basement as a 'silver squatter.' Prudential, a finance group, surveyed the oldest members of Generation X, or people born...
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We are living through what is being called the silver tsunami. According to Legal Jobs, “about 10,000 baby boomers turn 65 each day, and the entire generation is expected to reach retirement age by 2030.” While many people spend their working years aiming to eventually retire, there are reasons why complete retirement should not be a primary goal. For my book, Leading with Wisdom: Sage Advice from 100 Experts, I interviewed more than 100 top authorities about leadership and life. A recurring theme during these conversations was the idea that complete and total retirement should not be anyone’s end goal....
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There's been chatter when it comes to Democrats calling for Justice Sonia Sotomayor to retire, so that President Joe Biden can nominate another liberal justice. Of course, the left has done it before, forcing now former Justice Stephen Breyer to retire so that Biden could nominate now Justice Ketanji Brown Jackson. The retirement was even leaked beforehand. Not everyone is calling for Sotomayor to rush into retirement, though, with Sen. John Fetterman (D-PA) offering a suggestion for someone else who should retire.According to HuffPost's Igor Bobic, Fetterman said that "I have no opinion on anyone else’s ability to retire unless...
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The Social Security Administration (SSA) is capping clawbacks of benefit overpayments at 10% of benefits checks instead of 100% after being criticized for draconian repayment plans that left some beneficiaries destitute. Social Security Commissioner Martin O'Malley said in a statement that the agency would cease "the heavy-handed practice of intercepting 100% of an overpaid beneficiary's monthly Social Security benefit" if they failed to respond to a demand for repayment. Additionally, the Social Security Administration will extend repayment plans to 60 months, up from its limit of 36 months, giving recipients an additional two years to repay the money. The changes...
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Supreme Court Justice Sonia Sotomayor vented about being “tired” from her demanding workload on the high court as well as her “frustration” with the conservative-dominated bench. Speaking to a group of students at the University of California, Berkley School of Law, the 69-year-old jurist opened up about the vicissitudes of serving on the court while increasingly in the political crosshairs. “Cases are bigger. They’re more demanding. The number of amici are greater, and you know that our emergency calendar is so much more active. I’m tired,” she said, per Bloomberg Law.
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Rep. Drew Ferguson (R-GA) will not seek a fifth term in the House, joining Reps. Kay Granger (R-TX) and Ken Buck (R-CO) as he becomes the latest retiree among the 25 insurgents who voted against Rep. Jim Jordan (R-OH) for Speaker in October. In a Thursday announcement, the last scheduled voting day for 2023, Ferguson said he and his wife “look forward to spending more time with our children and grandchildren” while touting his home state of Georgia as “the best state in America to live and do business.”
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Prepare to be shocked. This release will reveal the insidious truth that the left and the corrupt officials at FBI/DOJ do NOT want Americans to see. No less than 5-10 key Democrats will announce they’re retiring from Congress. Don’t doubt me
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Senior citizens looking to relocate may want to steer clear of Hawaii as it ranks as the most expensive state to retire to, figures show. Retirees in the Aloha state require $121,000 to live comfortably, according to study by GoBankingRates - compared to those in Mississippi who need just $55,000. Washington DC, Massachusetts, California and New York were the next most expensive states to retire to, with an average annual cost of $94,000 across all four. After Mississippi the four cheapest states were Oklahoma, Alabama, Kansas and Iowa, with an average cost of $57,000 a year. Across the US, the...
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The New York Times and Washington Post both published opinion pieces Wednesday branding 80-year-old President Joe Biden as too old to run for re-election in 2024. It comes as Biden faces an impeachment inquiry and recent polling numbers show most consider the president at too advanced an age to serve again. Ross Douthat, a conservative op-ed writer for the liberal Times, penned a piece titled '2024's Field of Nightmares,' a reference to the 1989 film Field of Dreams. He said while his concerns with Biden come down to run-of-the-mill political disagreements during his first term, Democrats are playing with fire...
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Among America's numerous social programs, none lifts more people out of poverty each year than Social Security. As of 2021, the Center on Budget and Policy Priorities estimates that 21.75 million people, including nearly 15.4 million seniors aged 65 and over, were being lifted above the federal poverty line due to their monthly Social Security benefit. Unfortunately, this vital program that provides benefits to approximately 66.7 million people each month -- 49.6 million of which are retired workers -- finds itself on shaky ground. The 2023 Social Security Board of Trustees Report estimates that America's top retirement program is facing...
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Senate Minority Leader Mitch McConnell was heckled and jeered by a home state crowd as he gave a speech at the annual “Fancy Farm Picnic.” During comments criticizing Kentucky’s Democrat Governor Andy Beshear, McConnell was confronted with extended boos and the chants of “Retire, Retire, Retire,” and “lost the Senate.”The “boo bird” arrived during McConnell’s opening sentence and increased in volume as he went on.In the end, even the public address system couldn’t help.🚨Mitch McConnell gets drowned out by chants of “RETIRE” from his own constituents during a speech in Kentucky.It’s over for him.Step down.pic.twitter.com/0h5gMMDaPU— Benny Johnson (@bennyjohnson) August 7,...
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Workers in the United States believe they will need to save around $1.8 million for retirement, as inflation continues to fuel anxieties over savings, according to a survey from Charles Schwab. This estimate is up from last year’s $1.7 million, with 37 percent of respondents stating they think it’s very likely they will reach this number, down 10 percentage points from last year, according to the survey. The survey of 401(k) participants found 62 percent of workers think of inflation as a challenge to saving for a “comfortable retirement,” up from last year’s 45 percent, while 42 percent said stock...
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