Retirement

Used to be a time when you reached the age of 65, you could retire. But now, with the rising costs of living and the economy, people who once retired are now working longer. In fact, more than three in five U.S. workers in their 50s and 60s plan on working past 65. And 47% say they will continue in the workforce because of financial needs or the need to retain health benefits, according to a 2011 study from the nonprofit Transamerica Center for Retirement Studies.



Upending the notion of parents passing down their estates, many baby boomers are spending the money on themselves while they’re alive.

While some say it’s best not to panic too soon, others say it’s time retirees bail out of these choppy market waters while they still can.

What does the word “retirement” conjure up in your mind? If you’ve been steadily saving and investing and you haven’t been negatively affected by the recession, then perhaps you envision twenty years of traveling the world and enjoying a post-work lifestyle. For those who have not saved, thinking of an eventual “retirement” is frightening. The authors of Avoid Retirement and Stay Alive have some advice.

Shannon Guignard didn't hesitate for a moment when her parents asked to move in with her because they no longer felt safe in their neighborhood.

The Ms. generation finds itself staring at a glass ceiling that hasn't shattered.

More than 59 million retirees can expect a bump up in Social Security benefits next year.

Think you won't have to worry about health care costs once you're covered by Medicare? Think again.

Women find it significantly harder than men to achieve a comfortable retirement.

Women face more obstacles to a secure retirement than men, for reasons having to do with longevity, lower earnings and a lack in savings.