Retirement Blog

T. Rowe Price is offering a new retirement planning tool that will allow its 2 million 401(k) participants to plug in the amount of their savings and how it’s allocated to determine — based on current returns — how much money they are likely to have available to pay themselves a monthly amount at retirement.

If you can’t find a job, consider creating your own. People ages 55 to 64 accounted for about one-quarter of new entrepreneurs in 2010, according to the Kauffman Index of Entrepreneurial Activity. It’s a trend on the upswing. In 1996 — the first year the Kaufman Foundation did this survey –  the over-55 crowd represented

Should Congress put limits or even completely do away with the tax incentives that make saving within a 401(k) or some other tax-advantaged retirement plan attractive in order to cut the deficit? The Congressional Joint Committee on Taxation and the Treasury Department’s Office of Tax Analysis conclude that these retirement planning programs will cost the

Traditional defined benefit pensions, which for most of the last century were a fixture of American life, are about to become a relic of the past. The Standard & Poor’s 500 reported Thursday that among its companies, pensions and other post-employment benefits remain underfunded by $210 billion. “Even with a 15 percent  equity return and

My grandma was 65 when I was born. With her white hair in a bun, black lace-up shoes and an apron covering her cotton house dress, I thought she was ancient. Although she lived to be 94, her retirement was narrowly defined by a meager income and attitudes that kept her close to home. Today’s

At a minimum, most people have some retirement expectations. Higher up are retirement hopes and dreams. At the helm are retirement fantasies, which are like dreams in a runaway car with no brakes to stop them. I asked my husband where in the world he would want to retire outside the U.S., and his answer was

Retirement planning is a challenge worldwide. The world’s population of people older than 65 will increase from 550 million today to more than 1.4 billion by 2050, according to a report by HSBC Bank published today. The white paper also said that people everywhere have blinders on about this issue. They know they are going

The Great Recession combined with the onslaught of aging baby boomers is causing a lot of people to delay retirement, and ultimately, that is likely to have a huge impact on our economy, points out a study released this morning by the nonprofit economic research firm, The Conference Board. Researcher and lead author Gad Levanon

Today is Bob Dylan’s 70th birthday. His songs helped shape my life. I know exactly where I was when I first heard many of them. The lyrics still figure into how I look at the world. But I think it is time for Bob to quit touring. He never had a melodic voice — it

As part of our retirement planning, my husband and I are designing a new home. We’re including a couple of offices because I’ve worked from a home office for 15 years, and my husband contemplates working from home when he finally retires from his full-time job — if that ever happens. My husband will be