Atlanta Journal-Constitution editorial board calls on Biden to drop out of 2024 race: ‘Retirement is now necessary’
Yet another major newspaper urged Biden to resign after his disastrous debate defeat against President Trump, saying “retirement is now necessary.” US President Joe Biden looks down as he takes part in the first presidential debate ahead of the 2024 election with former US president and Republican presidential candidate Donald Trump. AFP via Getty Images […]
Only 1 in 5 workers nearing retirement is financially on track: "It will come down to hard choices" – CBS News
The rule of thumb for people who are 55 and have 10 more years to work before reaching traditional retirement age is that they should already have about eight times their salary saved in their retirement accounts. But a new study finds that today’s median 55-year-olds have just $50,000 saved, hardly enough to retire comfortably. […]
Americans are saving more for retirement, but they’re nowhere near the ‘magic number’
Barron’s Roundtable discusses reports that Gen Z is actively seeking retirement. Americans are saving more money for retirement than ever before, but they’re still nowhere near the “magic number” needed to retire comfortably. The average balance is Employer contributions to retirement benefits Plans for 2023 rose to $134,128, a 19% increase from last year. data […]
Women’s retirement savings lag men’s, raising prospect of retirement crisis: report
Ramsey Solutions personality Jade Warshaw breaks down how to make the most of your Social Security benefits and more on The Bottom Line. A potential retirement crisis is brewing among female retirees, with women saving roughly one-third as much as men, according to a survey released Monday by Prudential Financial. A survey of 905 American […]
REPORT: Longest-Serving Explosives Technician Dies In Shooting After Retirement, Fellow Police Officers Mourn
A retired Chicago Police Bomb Squad explosives technician, minister and Vietnam War veteran was shot and killed Thursday. Larry Neuman, the longest-serving explosives technician for the Chicago Police Department (CPD), “was killed in shooting in the 4300 Block of W. Monroe at approximately 11:32 a.m. on June 20, 2024,” the CPD posted Friday on Twitter. […]
Cole Hamels’ wife gives inside look at retirement night in Philly
Cole Hamels officially retired from the Phillies on Friday night, and those closest to him gave fans an inside look at the celebration during a special pregame ceremony. Hamels’ girlfriend, actress Rebecca Graf, shared a variety of photos and videos from the day to celebrate the four-time All-Star’s 10 years with the team, which won […]
As retirement looms, many Gen Xers are still playing catch-up – CNBC
Starty | E+ | Getty Images As older members of Gen X inch closer to retirement, pressures to save for retirement are mounting, especially for those caught between the financial burdens of supporting both aging parents and adult children. Nearly half of Gen Xers, or 48%, say they won’t have enough money to enjoy life […]
Stephen A Smith not buying Charles Barkley’s retirement: ‘I just think he’s p—ed off’
Charles Barkley retiring? No need to rush. One of his fellow media moguls didn’t really believe the statement. In fact, Stephen A. Smith said it was just a knee-jerk reaction to the TNT/NBA television coverage dilemma. “I’m not saying Charles Barkley is a liar. I think Charles Barkley is very sincere. I just don’t think […]
Travis Kelce has a vision for his eventual NFL retirement
When Travis Kelce decides to retire, the Chiefs tight end wants to do it on his own terms. With rumors swirling about when the 34-year-old Travis might retire, the three-time Super Bowl champion spoke about his own retirement plans on Wednesday. “New Heights” podcastHe pointed to his older brother, recently retired Eagles center Jason Kelce, […]
Charles Barkley’s shock retirement announcement leaves sports world devastated
The sports world doesn’t want to see Charles Barkley go. Social media was abuzz after the legendary television commentator announced he would be retiring from broadcasting on NBA TV following Game 4 of the NBA Finals on Friday night. Charles Barkley, one of the greatest television personalities of all time, is retiring next year. “I’ve […]