How to save if you're retiring at 70

Aug 13, 2010
Tess Vigeland talks to Dr. Christian Weller, a Social Security expert, on how raising the retirement age would affect how people plan and save for retirement.
Posted In: Retirement, Savings

Some retirees living from Social Security check to Social Security check

Aug 13, 2010
Nearly 15 percent of retirees depend on a Social Security check as their sole source of income. Reporter Peter O'Dowd talks to seniors in Arizona about getting by with just Social Security.
Posted In: Personal Finance, Retirement, Savings

Low interest rates affect fixed income investments

Aug 3, 2010
It's a great time to get a loan -- interest rates are low low low. But the low interest rates negatively impact retirees who expected more from their fixed income investments.
Posted In: Investing, Retirement

Chamber wants states to cut back on pensions

Jul 30, 2010
The U.S. Chamber of Commerce says states should cut contributions to retirement plans during lean times.
Posted In: Retirement

Gov't workers are losing their pensions

Jul 2, 2010
Most workers today have 401(k) plans. Government employees, however, are an exception. The retirement guarantees they thought they had are vanishing because budget woes are forcing deep cuts in government workers' promised benefits. Marketplace's Mitchell Hartman reports.
Posted In: Retirement

Unions cry foul over benefit cuts

Jun 29, 2010
A fight's brewing in Baltimore over efforts to cut pensions for cops and firefighters. It mirrors similar struggles across the U.S. As local governments try to balance their budgets, retiree benefits are a juicy target. Mitchell Hartman reports that doesn't sit well with public-employee unions.
Posted In: Retirement

Immediate annuity

Jun 21, 2010
Question: My husband and I will be 60 this year and our retirement savings will, under very conservative scenarios, provide a good retirement...
Posted In: Retirement

Older workers can't get into job market

Jun 18, 2010
Sherri McClendon and many other older workers face the dilemma of being too old -- and hence, too expensive -- to be considered for many jobs and being too young to qualify for retirement benefits.
Posted In: Jobs, Retirement

Europe slowly making workers retire later

Jun 16, 2010
France wants to push the retirement age up from 60 to 62. Europeans retire before 60 in several countries, but many want to change that.
Posted In: Retirement

Wal-Mart will offer bank accounts through debit card company

Jun 16, 2010
Wal-Mart has purchased a minor stake in a debit card company with a plan to offer savings accounts to its core customers.
Posted In: Retirement