Retirees

The work and pensions secretary, Mel Stride, recently suggested that unemployed people over 50 should consider delivering takeaways.But the army of missing workers Stride was seeking are looking to do something more productive with their…

Between the ages of 50 and 60, most people retire from their primary careers, but that doesn't mean they stop working completely. Truth be told, lots of people feel a bit lost without a job or something to do, and many retirees still…

Retirement is a hot (and stressful) topic for millions of Americans as high inflation has driven up the cost of living while dwindling savings accounts. However, some retirees have found a way to live comfortably while still saving…

Revenue Secretary Sanjay Malhotra in New Delhi. File | Photo Credit: ANI The government has notified a hike in the tax exemption limit for leave encashment benefits received by salaried employees at the time of retirement from ₹3 lakh to…

Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house.The Barkeys, now 56 and 59, had just sold their…

More than half of older taxpayers (57%) are worried they’ll have to pay more taxes this year because of the 5.9% Social Security cost-of-living adjustment in 2022, according to a January survey by The Senior Citizens…

Some people rent in retirement because they don’t have much choice; they can’t afford to own homes. But financial planners say renting can make more sense than owning in some circumstances, even for retirees who can afford…

But Funder said customers were being cautious in how much they borrowed, saying some might draw down an extra $1000 a month to help cover rising costs.“We’re seeing people be very careful about meeting their non-discretionary needs and…

The U.S. has gone through massive crises that put a lot of households and businesses at rock bottom. It's been over a decade since the Real Estate Bubble and the Great Recession. Yet their impact has been…

You probably haven’t noticed, but I never write about self-funded retirees without adding a pejorative adjective – “so-called” or, better, “self-proclaimed”. As worthy causes go, they’re at the top of their own list, but not high on…