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Retirement

Social Security's online benefits statement: Useful, easy to get
May 17, 2012 10:00 AM

Social Security's new online benefits statement is a useful new resource for anyone doing financial planning or future financial projections. And, as I learned when I signed up to view mine, the statements provide some interesting new information.

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Retirement: a cause for optimism... or maybe not
March 20, 2012 4:30 PM

A survey released today by Country Financial puts a hopeful spin on Americans' retirement prospects. In a press release titled "Golden Years Look More Golden for Middle-Income Americans," the company reports that "35 percent of Americans now think it is possible for a typical middle-income family to save for a secure retirement.... up six points from this time last year and the first increase in five years."

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Young investors don't think they'll have enough for retirement
March 9, 2012 4:15 PM

Despite understanding the importance of planning for retirement, most younger investors have yet to develop a detailed plan for their finances in retirement, according to new research by T. Rowe Price.

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Many Americans don't know how best to tap Social Security
March 2, 2012 5:00 PM

Two reports released this week focus on how little Americans know about options for claiming Social Security retirement benefits, and how much they could gain financially by knowing more.

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Small-business owners not prepared for retirement, study shows
February 28, 2012 3:00 PM

Even though the majority of small-business owners are concerned about their financial security in retirement, many have not estimated how much they will need, according to new research from The American College.

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The 4 best places to retire in America?
October 21, 2011 9:00 AM

We rate all kinds of things here at Consumer Reports, but places to retire aren’t one of them. Any number of other publications, websites, and organizations do, however, and the editors of the Consumer Reports Money Adviser newsletter follow their efforts with interest. Every so often, we like to compare different lists side by side and see what, if any, places they agree on. No single place made all four of the lists we looked at most recently, including one released just this week, but these four cities each made two:

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Where to retire: A new list rates the states
October 3, 2011 4:00 PM

If you’re scouting around for a place to retire, or just enjoy fantasizing about ever being able to, here’s another new list of possibilities, from the website MoneyRates.com. It ranks all 50 states based on economic factors (cost of living, tax rates, and unemployment), as well as climate, life expectancy, and crime. Texas tops the list, followed by Kentucky, Oklahoma, and Iowa. At the bottom: Massachusetts, Michigan, and Maine.

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U.S. among dream destinations for U.K. retirees
August 24, 2011 2:33 PM

We Americans aren't the only ones who fantasize about retiring abroad, apparently. Many prospective retirees in the United Kingdom do, as well, according to a new survey by Standard Life, a financial services company based in Edinburgh. And No. 3 on their wish list of destinations, after Spain and Australia, is the U.S.A. France came in fourth, Ireland fifth.

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Social Security disability payments could end in 2017
August 22, 2011 11:00 AM

The Social Security disability fund may not be able to make payments come 2017, according to a new analysis by the Congressional Budget Office (CBO).

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Money Mag: Louisville, CO, is best small town in the country
August 17, 2011 3:00 PM

The Colorado town of Louisville topped Money Magazine's annual list of 100 Best Places to Live. The 2011 list of the best American small towns was based on job opportunities, quality of school systems, economic strength, and weather, among other criteria.

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How a U.S. debt default could affect you
July 29, 2011 3:15 PM

Congress and the President have until Tuesday to resolve the debt-ceiling crisis. If that deadline comes and goes the U.S. will be in default, and the government will have trouble paying its bills and covering its costs. Failure to raise the debt ceiling would also have financial consequences for consumers. Here are a few things that might happen.

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Where to retire: AARP names 10 affordable cities
July 25, 2011 1:29 PM

For the dwindling number of us who still think we might be able to retire someday, AARP is out with a new list of where to do so, entitled 10 Affordable Cities for Retirement.

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Without workplace 401(k) many would not save for retirement
July 20, 2011 2:00 PM

Without a workplace 401(k) plan, many investors would not be saving for retirement at all, according to a new study from the mutual fund and financial services group Fidelity Investments.

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AARP's Social Security Benefits Calculator offers insights
July 11, 2011 4:27 PM

AARP's Social Security Benefits Calculator, which was unveiled today, gives folks planning for retirement a useful tool to answer a key question: When to file for those benefits? From first look, I'd say it's not a perfect tool, but it could help many people—and couples—get closer to that crucial decision.

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Poll finds employers have pared back retiree insurance
June 29, 2011 2:00 PM

A new survey of 250 large companies shows that many employers have scaled back their retiree insurance plans, while others are planning to eliminate them, according to CNN Money.

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