Find breaking retirement news

12+ min ago (1181+ words) Generation X, as the first generation of do-it-yourself retirement planners, is falling behind. As the first American generation funding retirement largely without private pension plans, Gen X " those born between 1965 and 1980 " have had to build their retirement nest eggs on their own, and they're not doing so well. "The stress at my job is getting worse every day': I'm 61, earn $177K, and have a 401(k) with $965K. Do I retire and downsize? "This feels like an opportunity': I'm 55, earn $78,000 and have no kids. My mother gave me $10,000. What should I do? "Where are we vulnerable?' My husband and I are in our 50s. Our $450K mortgage is paid off. We have $500K in IRAs. Gen X workers have saved a median $107,000 in total household retirement accounts and $6,500 in emergency savings, according to the nonprofit Transamerica Center for Retirement Studies (TCRS), in collaboration with Transamerica Institute. A…...

36+ min ago (794+ words) Below, GoodRx, a platform for medication savings, shares 77 ways to use your health FSA funds for yourself, your spouse, or a qualified dependent. In general, you can use your FSA to pay for care to prevent or treat dental disease from an orthodontist, a dentist, or another qualified dental professional. Here are 18 dental expenses that may qualify as FSA eligible: If your insurance doesn't cover all your vision care needs, you can use your FSA funds to pay for items that are considered medically necessary. Below are 13 vision-related items and services you can add to your shopping list before your funds expire: Surveys show that about 1 in 5 adults was living with a mental illness in 2022. If your insurance doesn't cover your mental health expenses, you may be able to use FSA funds to cover the following 10 expenses: To manage your…...

37+ min ago (329+ words) Published - December 16, 2025 10:59 pm IST - Bengaluru The High Court of Karnataka has ordered regularisation of service of a 68-year-old man, who retired 10 years ago pending his plea for regularisation of service at a gram panchayat in Sirsi taluk of Uttara Kannada district, after serving as an attender-cum-bill collector on contract basis for 21 years since 1994. "The right to consideration for service does not evaporate on attainment of age of superannuation as the petitioner retired as daily wage contract employee while his claim for regularisation subsisted," the court said. Justice M. Nagaprasanna passed the order while allowing a petition filed by Venkatarama Hegde, resident of Kuluve village in Sirsi taluk. The service of the petitioner should stand regularised with effect from the date on which he had completed 10 years in service from the date of initial appointment on contract basis that is on January…...

43+ min ago (187+ words) All items are grouped by the number of days you have to complete said items. 1. File for applicable survivor benefits. 2. Re-title assets held as joint tenants or tenants by the entirety. 3. Update beneficiary information on your own retirement accounts, rollover or inherited retirement accounts, insurance policies, etc. 4. Organize estate documents, bills, administrative expenses, and prior returns for tax returns. 1. Confirm required court filings applicable to decedent's estate. 2. Confirm tax filing deadlines for final tax returns applicable to decedent's estate. 3. Prepare plan for distribution and accounting. 4. Close unnecessary accounts and subscriptions. 5. Update your estate plan and meet with your financial team regarding your plan moving forward. 1. Track and meet court reporting obligations and status reports. 2. File inventories and accountings. 3. Close all estate accounts. 1. Before moving or spending any assets of the estate. 2. To determine probate vs. non-probate pathways. 3. To open estate…...

56+ min ago (920+ words) Protect your cash and position yourself for stronger returns in 2026. Having a flexible plan is a wise way to handle an uncertain future for savers, especially with decreasing returns on some accounts. The Federal Reserve has cut rates at each of its last three meetings due to weak job growth. Will that continue into 2026? It's hard to say. Inflation remains stubborn, and with a new Fed chair taking over in May, it's anyone's guess how things will unfold. Despite the uncertainty, there are plenty of viable options to help you achieve strong returns. Whether you're working to reach your retirement or savings goals, here are smart solutions to consider. Let's start with the basics. Sometimes, it helps to have a fresh perspective on your finances, as it clues you in on where your money is going, and it may present…...

1+ hour, 5+ min ago (592+ words) A recent episode of "The Ramsey Show" featured a wild and entertaining call from Teresa in Providence, Rhode Island, who proposed a very unconventional real estate idea: buying a family compound with her ex-husband, his girlfriend, her son, and her own two adult children. "We give white trash a new meaning without a doubt," Teresa said, describing her close relationship with her ex and his new partner. She explained that every Saturday, the blended crew goes to brunch together and then follows it up with a shared activity they call the "misery trip." The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon " Invest at $0.85/Share Her real question, though, was whether it made sense for the whole family to go in on a shared piece of land where each could build their own house. Her two kids,…...

1+ hour, 5+ min ago (555+ words) For David Lincer, 67, the question of longevity once felt straightforward. He initially imagined living to 93 " close to the national ideal of 91, according to a recent survey. Now, numbers matter less to him than his physical health. "I'm not interested in living life out in a bed just to say I made it to 100," Lincer said. Even as the number of centenarians is expected to quadruple over the next 30 years, the majority of adults agree with Lincer." A recent Pew Research Center survey found 29% of Americans hope to live to 100. Many say their hesitation comes from the potential of declining health, limited finances or social isolation that could accompany the additional decades. Lincer runs an elevator installation business that requires climbing, lifting and heavy physical work, and is generally healthy. He jokes that he can still outrun his younger employees up…...

1+ hour, 5+ min ago (355+ words) Skipping the daily coffee shop run and getting rid of unused subscriptions will certainly save you money here and there, but downsizing is a way to free up much more of your budget. And in retirement, a smaller home in a place with a lower cost of living may just make sense. Perhaps your family home feels too big for you now that your children have moved out. Or maybe you'd like to move to a one-floor house to reduce the risk of falling. Whatever the reason for your move may be, here's how downsizing can help you save " even as much as $1,000 per month. When you sell a large home in exchange for a smaller one, the savings opportunities may be obvious. But here are some of the key ways you can save, including some you may have overlooked....

1+ hour, 6+ min ago (426+ words) A house can be more than just a place to live. With high costs of living, some older adults are choosing to turn their homes into an income stream. There are several ways to do this, and they can pay off. You may be able to generate enough cash flow to help cover mortgage payments, utilities and other expenses. Read on for some of the strategies homeowners use to turn their properties into sources of income. A home is the largest investment most people make, but many homeowners miss out on the potential cash that their homes can offer. Here are three strategies you can use so you don't miss out. Save Smarter: Take control of your money with the Rocket Money budgeting app, one of Money's favorites This strategy can work well for new empty nesters who want to…...

1+ hour, 6+ min ago (1031+ words) Moderate monthly incomes stretch quite far in these 10 towns around the U.S. Many dream of relocating to a new town where retirement living is easy, whether that's because of the weather, convenience, or cost. And while budgeting for your golden years is no easy feat, it can be much simpler if you can find an area where the cost of living helps you stretch those retirement dollars further. If you're hoping to live large on a moderate retirement income, consider these 10 towns where $65,000 a year can feel more like millions. Editor's note: Unless otherwise noted, all data listed below on rent and housing costs came from Zillow. Average home price: $133,210 Carbondale is located in southern Illinois and, in addition to an incredibly low cost of living, boasts proximity to plenty of natural beauty, from stunning rivers and lakes to the Shawnee…...