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‘Anxiety and regrets’ plague workers about retirement savings: Survey – Business Daily News

More than 60% of American voters over the age of 25 responding to a recent AARP survey said they are nervous about having enough savings to support a comfortable lifestyle when they retire. “Anxiety and regrets about retirement savings are common among voters ages 25+,” AARP researcher S. Kathi Brown wrote. More than 50 million …

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Editorial: David Price’s retirement opens the door for change

Democratic Rep. David Price has represented North Carolina’s 4th Congressional District for more than 30 years. Last week he announced he will not seek reelection and will retire at the end of his term in December 2022. The 4th Congressional District in North Carolina covers all of Durham County, Orange County, Granville County and Franklin …

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Firms Are Shaking Up Benefits To Keep Workers From Quitting. The Retirement Plan Could Be Next.

KPMG is replacing its 401(k) match with an automatic 6% to 8% contribution that most employees will receive whether they contribute to the plan or not as it freezes its pension plan and aims to offer a more portable benefit. getty As resignations soar and the war for talent heats up amid a tight labor …

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COVID caused more than 3 million Americans to retire early, a new Fed analysis finds

More than 3 million Americans decided to retire earlier than they would have due to the COVID-19 pandemic, according to a new analysis. Miguel Faria E Castro, a senior economist at the St. Louis Fed, compared retirees to the baby-boomer trend to distinguish between “normal” and “excess” retirements. As of August, he found, there were …

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Mai Murakami wins world title, announces retirement as gymnastics worlds ends – OlympicTalk

Mai Murakami won an Olympic medal and two world championship medals in under three months — and then retired. The 25-year-old Japanese gymnast announced she had ended her career after medaling in both women’s event finals held Sunday, the final day of the Artistic Gymnastics World Championships. With the Olympics held in Tokyo, where she …

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Commentary: Combating inflation threats in retirement | Business Columnists

Greg Chona Today it’s common for Americans to spend two, three or even four decades in retirement. This means people have ample time to relax and achieve a bucket list of dreams. However, the flip side is that retirees need to ensure they have enough savings to last through their lifetime. One complicating factor is …

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