Month: August 2021

Workers Are Saving, But Few Feel Very Confident About Retirement: Study

Source: Shutterstock. Sixty percent of employed Americans report that they had to make financial adjustments because of pandemic-related economic pressures, yet 82% also say they are saving for retirement, according to a newly released study by the nonprofit Transamerica Center for Retirement Studies in collaboration with the Transamerica Institute. “Workers are weathering a public health crisis and contending …

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Oakland County Undersheriff Mike McCabe sets retirement date – The Oakland Press

Oakland County Undersheriff Mike McCabe is set to retire at the end of the year, as announced publicly Tuesday morning. Sheriff Mike Bouchard shared the news at the conclusion of the Oakland County Sheriff’s Office Annual Awards Ceremony at the county’s Board of Commissioners Auditorium in Pontiac. McCabe declined an interview with The Oakland Press …

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RightCapital Launches Dynamic Retirement Spending Strategies | National News

SHELTON, Conn., Aug. 10, 2021 /PRNewswire/ — RightCapital, Inc. (RightCapital), a next-generation financial planning software, today announced the launch of dynamic retirement spending strategies within its technology platform. RightCapital Is The First Comprehensive Financial Planning Solution To Offer Dynamic Retirement Spending Options. The most commonly used approach in financial planning is inflation-adjusted retirement spending, where retirement …

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Lawmakers seek political ends using massive federal workers retirement fund

Members of Congress from both parties are trying to turn the massive federal employee pension fund into a tool for their political ends, using its huge financial sway to support or oppose certain industries. Why it matters: The half-trillion-dollar Thrift Savings Plan is the largest defined-contribution retirement plan in the world. But those charged with …

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Asian American sues Maine public employees’ retirement agency, alleging race discrimination

An Asian American woman who works for the Maine Public Employees Retirement System has sued the agency in U.S. District Court in Bangor alleging that she has been discriminated against due to her race. Mary Lee, 64, of Gardiner accused a supervisor and at least one co-worker of making comments that have created a hostile work …

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10 Anime Characters Who Were Killed Just Before Retirement

It is a common trope in fiction for characters to have an untimely death just before completing their goals or reaching the end of their life’s work. Many are graying and battle-hardened veterans that seek the peace of retirement. Sometimes, these characters even have to come out of retirement to save the protagonist in order to finally reach the freedom from conflict they …

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Workers Are Saving, But Few Feel Very Confident About Retirement: Study

What You Need to Know Millennial, Generation Z and Gen X respondents were likelier to have made financial adjustments than baby boomers. Only 30% of millennials surveyed said they are very confident that they will be able to retire comfortably. Other generations are even less confident: 21% of boomers, 19% of Gen Xers and 16% …

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Access, participation and income: The state of retirement plan coverage in the U.S.

THE TOP 5 STATES FOR EMPLOYER-PROVIDED RETIREMENT PLAN ACCESS 5. IOWA Share of workers with access: 56.8% Share of workers that participate: 49.3% Share of workers earning less than $50K with access: 49.7% Share of workers earning less than $50K that participate: 39.7% (Photo: f11photo/Shutterstock.com) 4. WISCONSIN Share of workers with access: 57.5% Share of …

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You are not going to retire like your parents. Are you ready to take care of your ‘old man’?

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions expressed by Entrepreneur contributors are their own. Let me tell you a fictional tale with some touches of devastating realism: It is the year 2050, the year in which a person who is 35 years old …

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