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Pension

Should You Say Yes to Your Company's Lump-Sum Pension Offer?

Mike Branch, CFP | Posted 09.26.2014 | Money
Mike Branch, CFP

Are you better off with a lump-sum today or a guaranteed monthly income for life? That's a crystal ball-type of question.

Trying to Encourage Millennials to Save for Retirement? Three Key Factors to Consider

Jerry Patterson | Posted 08.26.2014 | Money
Jerry Patterson

Here are my top three things to consider if you're trying to encourage millennials to save for retirement.

Will You Be Able To Retire?

Bradford M. Pine | Posted 08.13.2014 | Money
Bradford M. Pine

Aside from the question of whether your spouse is ready for you to be around all day, making the decision to retire requires an enormous amount of financial preparation. How do you know if you're ready?

Lump-Sum vs. Income Payments: Why Do So Many Retirees Take the Money and Run?

Jerry Patterson | Posted 08.13.2014 | Money
Jerry Patterson

The moment we're faced with deciding whether to take a lump sum often happens at the moment of retirement, which also means it's the moment our paycheck is turning off. Similar to a light switch turning off.

Should Illinois End Public Employee Pensions?

Matthew Dietrich | Posted 08.05.2014 | Chicago
Matthew Dietrich

Illinois currently has at least $100 billion in unfunded pensions and the amount public workers and all Illinoisans must contribute to the retirement ...

3 Policy Choices That Would Improve Retirement Prospects For Women

Diane Oakley | Posted 07.29.2014 | Fifty
Diane Oakley

So if retirees do not monetize the roofs over their heads, what can the typical working households in the 55 - 64 age group retire on beyond Social Security?

Chicago Pension-Cutting Plan Would Harm City Retirees, Neighborhoods

Henry Bayer | Posted 06.08.2014 | Chicago
Henry Bayer

roponents of the drastic Chicago pension cuts sought by the city have threatened a range of doomsday scenarios if their proposal is not enacted. Rather than the thoughtful, informed discussion this matter deserves, this is the equivalent of shouting "Fire!" in a crowded theater.

March: Women's History Month -- and the Winter of Our Retirement Discontent

Karen Friedman | Posted 05.25.2014 | Fifty
Karen Friedman

There's an old saying, "A woman's work is never done." We think that women should have a right to see that their work is done -- and they should have sufficient income to enjoy the fruits of their labors and to retire in dignity.

Military Pension Bill Advances In Senate

AP | Posted 02.10.2014 | Politics

WASHINGTON (AP) — The Senate has taken the first step toward approving legislation that restores full cost of living increases to pension benefits f...

Military Pension Cuts Prove Hypocrisy of Republicans

Dale Hansen | Posted 03.29.2014 | Politics
Dale Hansen

The question the Republicans who are fighting to restore the cuts to military pensions really need to answer is, what makes all of these other brave men and women who work for the government less deserving of good pay, great benefits and public adoration?

We Need Young People to Become Teachers

Randy Turner | Posted 03.05.2014 | Education
Randy Turner

It is nothing short of a miracle that we still have so many excellent teachers in our schools. I want young people to become classroom teachers. The first step toward making that a reality is to let teachers know they are wanted and valued.

#KeepYourPromise

Babette Maxwell | Posted 02.15.2014 | Politics
Babette Maxwell

You've asked a lot of us. You've asked for 12 years of war. You've asked for 5,000 of our lives. You've asked for 50,000 of us to deal with Traumatic Brain Injury. You've asked for 250,000 of us to deal with Post Traumatic Stress Disorder. You've asked for over 2 million of us to deploy.

Pension Cutters Rely On Bipartisan Slogans, But Right-Wing Money

Frying Pan News | Gary Cohn | Posted 08.15.2014 | Politics

The following story was reported by Frying Pan News as part of its California Exposé investigative series, and published here in collaboration ...

Retirement Security Is at Risk in Pennsylvania

Bob Williams | Posted 12.08.2013 | Politics
Bob Williams

As the special session of the legislature gets underway, let's hope that lawmakers will not be misled by overly optimistic assumptions and will instead address Pennsylvania's pension problem with the implementation of a defined contribution plan.

Scary Income Shortage Faces Seniors In 48 States

The Huffington Post | Shelley Emling | Posted 06.10.2013 | Fifty

Seniors in almost every state in the nation are coming up short when it comes to being able to adequately pay for their retirement years, according to...

Puerto Rico Approves Pension Bill

AP | DANICA COTO | Posted 04.05.2013 | Latino Voices

SAN JUAN, Puerto Rico -- Senators approved a bill Thursday to overhaul Puerto Rico's crumbling pension system after days of heated debate with hundred...

Catherine New

The Lame Reason A Retired Man Is Denied $1,100 Per Month

HuffingtonPost.com | Catherine New | Posted 03.05.2013 | Business

For Marvin Burrows, the grief of losing his partner in 2005 was quickly followed by a different emotion: devastation as his financial life crumbled ar...

Obama's lllinois Pension Will Pay Tidy Sum In Retirement

The Huffington Post | Catherine New | Posted 10.22.2012 | Money

When President Barack Obama retires, he will receive an estimated lifetime total payout $383,535 from the Illinois state pension he earned in eight ye...

10 Investments Obama May Not Want You To Know About

The Huffington Post | Catherine New | Posted 10.18.2012 | Money

Among the many contentious exchanges in Tuesday's presidential debate was a barbed back-and-forth between Mitt Romney and President Barack Obama about...

Looking For A Part-Time Job? 10 Great Gigs For Retirees

The Huffington Post | Posted 07.06.2012 | Fifty

With more Americans over 65 choosing to work longer than ever before, ways for retirees to continue earning while enjoying the leisure time and flexib...

WATCH: Social Security For Dummies

Posted 05.23.2012 | Fifty

The financial jargon and parade of rules and exceptions associated with Social Security can prevent Americans from fully utilizing their benefits. To ...

How To Make Sure Your Lawyer Doesn’t Screw Up Your Retirement

Emily W. McBurney | Posted 06.12.2012 | Divorce
Emily W. McBurney

One of the things that can be most vital in a divorce case is one that most people don't even consider when hiring a lawyer -- dividing up retirement assets.

Janell Ross

Public Pension Cuts: Key to States' Budget Fix or Easy Financial Scapegoat?

HuffingtonPost.com | Janell Ross | Posted 03.22.2012 | Business

In a deal done in the dead of night last week, New York became the latest state to drastically overhaul its pension plan against the wishes of its pub...

What Post 50 Americans Fear Most

Barbara Hannah Grufferman | Posted 05.17.2012 | Fifty
Barbara Hannah Grufferman

Always digging deeper into what women over 50 are really thinking (and not just depending on the academic reports and studies, many of which are frightfully discouraging), I asked friends on Facebook to reveal the one thing that keeps them awake at night, that single nagging worry that haunts their sleep and has the potential to overshadow their generally positive outlook on life.

How To Claim What’s Yours From A Deceased Ex

Emily W. McBurney | Posted 12.07.2011 | Divorce
Emily W. McBurney

Although many people might secretly wish their exes were dead during a bitter divorce, the reality when it actually happens is almost always horrible -- no matter how acrimonious (or amicable) the divorce.