I’m 63, just announced my retirement and got dismissed. Is that permitted, and what steps should I take next?
Understanding Early Retirement and Layoffs Generally, giving your employer a heads-up about your retirement a few months in advance is seen as considerate. It allows them to make arrangements for your transition and helps you sort out your financial situation before your departure. However, what if, shortly after making that announcement, your employer decides to […]
Don’t worry about saving $1 million. Ways to save less and still enjoy a comfortable retirement.
Updated January 21, 2026, 5:06 PM ET For many Americans, the idea of saving up $1.5 million for a comfortable retirement feels overwhelming. But what if you shifted your focus to just that initial $100,000 instead? This insight stems from the late Charlie Munger, who was the vice chairman of Berkshire Hathaway and a key […]
Rahm Emanuel suggests a required retirement age of 75 for government officials
Proposal for a 75-Year-Old Retirement Age Former Chicago Mayor Rahm Emanuel, who is eyeing the 2028 presidential race, expressed a desire to establish a retirement age of 75 for the president and all government officials. Speaking at the Center for American Progress, Emanuel stated, “You’re 75 years old. It’s over.” This proposal would encompass the […]
Travis Kelce might have hinted at retirement plans while welcoming Eric Bieniemy back.
Travis Kelce’s Thoughts on Eric Bieniemy’s Return Did Travis Kelce drop a clue about his NFL future while reacting to Eric Bieniemy’s expected return as the Kansas City Chiefs’ offensive coordinator? It seems possible. During a recent episode of the “New Heights” podcast, Kelce expressed enthusiasm about Bieniemy coming back. “I can’t wait to have […]
Understanding how retirement income is taxed: It’s more complex than you realize.
You likely have a good grasp of your retirement savings. But have you considered how much you’ll owe in taxes once you retire? “Understanding your tax liability on savings and investments is crucial for knowing your spending power in retirement,” explains Ryan Tucker, a financial advisor and president of BOSS Retirement Solutions. “This figure is […]
‘No money coming in’: Federal retirement delays put thousands in financial uncertainty
Federal Retirements Create Income Delays for Thousands WASHINGTON DC — A significant increase in federal retirements has put pressure on a system designed to assist long-serving public employees, resulting in many retirees facing months without income after leaving their jobs. One affected individual is Felicia Jones from Howard County, Maryland. “It’s scary and nerve-wracking. I […]
Can Investing in Meta Platforms Stock Lead to a Millionaire Retirement?
Meta is pouring significant resources into AI-focused investments. The firm is already utilizing AI to enhance user engagement and optimize advertising strategies. With a reasonable starting valuation and healthy earnings growth, the stock has strong potential to rise. 10 stocks we like better than Meta Platforms. Investors who got in on Meta Platform (NASDAQ: Meta) […]
Can Meta Platforms Stock Make You a Millionaire at Retirement?
Key Takeaways Meta is making substantial investments in AI. The company is utilizing AI to boost user engagement and enhance its advertising efforts. A reasonable initial valuation alongside strong earnings growth could lead to higher stock prices. For investors who bought Meta Platforms (NASDAQ:Meta) early on, there isn’t much to lament. Since its IPO in […]
Elon Musk believes saving for retirement will be irrelevant in 10 or 20 years, and this could be risky advice.
Elon Musk’s Comments on Retirement Savings Spark Debate Elon Musk is, well, stirring things up again. Today, it’s about something most consider crucial for financial stability: retirement savings. In a recent episode of the Moonshot podcast with Peter Diamandis, Musk suggested that the conventional approach to retirement saving could become “irrelevant” in the next decade […]
10 financial blunders individuals commit just before retirement that affect them for years
Common Retirement Mistakes and How to Avoid Them Picture this: my neighbor, a businessman who dedicated 40 years to climbing the corporate ladder, retired last spring with a comfortable financial cushion. Then, just six months later, he’s back working part-time—not because he missed the job, but because he realized he made a big mistake with […]