Moving and Retirement

There are those who fade like cut flowers when they retire, there are those who won’t even try to stop working because they don't know what to do with themselves other than labor for a living, and there are those who can hardly wait for the free time and lightened pressure of unlimited leisure. more »

The financial crisis and ensuing recession have had an enormous impact on state-administered pension plans ... the demands of local plans are only half the story in terms of pressure on local budgets; local contributions to state plans will be a major driver of future budget burdens. more »

For the two middle net-wealth households GAO profiled with about $350,000 to $375,000 in net wealth, experts recommended purchase of annuities with a portion of savings, drawdown of savings at an annual rate, such as 4 percent of the initial balance, use of lifetime income from the DB plan, if applicable, and delay of Social Security. more »

Brooksley Born speaks on a re-broadcast of PBS Frontline program, The Warning, about her failed campaign to regulate the secretive, multi-trillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008. "What was it that was in this market that had to be hidden?" more »