14% of private sector workers have a traditional defined benefit pension. Meanwhile 84% of state and local government workers have such a pension and 100%
Category: Retirement
Close to 50% of retired households spend more money, not less, in retirement
Contrary to what many of us have been led to believe, being retired doesn’t necessarily mean spending less. A report by the Employee Benefit Research
Taxing issues for your 401k
Whoopee, you have $500,000 in your 401k plan … but do you really? Uncle Sam giveth and Uncle Sam taketh away. Let’s say that of
Half of mature workers delaying or giving up on retirement
Is there an excuse for a 50-60 year old to not know how much income he or she needs in retirement? Excusable or not, it
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