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Ahh … retirement. After years of work, it's time for you to relax and enjoy spending your time as you wish. Not so fast.
Hundreds of broadcasters from across the country attended a retirement sendoff for WTOP vice president of news and programming Jim Farley at the Newseum Wednesday night.
Stung by a recession that sapped investments and home values, but expressing widespread job satisfaction, older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 percent of working Americans over 50 say it is at least somewhat likely they will work for pay in retirement, according to a poll released Monday by the Associated Press-NORC Center for Public Affairs Research.
For some the second or "encore careers" are their passions. For others, they can't afford to fully retire.
Students at Hingham Middle School wanted to wish their retiring principal goodbye with a big a surprise.
Parents may want to pay for their child's education, but they also need enough money in the bank to survive in retirement. Financial expert Carmen Wong Ulrich offers some money saving advice.
U.S. News & World Report has ranked Washington as among the worst cities in the country for retirees.
A 401(k) is meant to go untouched until a person retires, but more than a quarter of Americans use their retirement accounts to pay current expenses.
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