retirement
Coverage of retirement in the Nexus archive.
- Benny, the Disneyland security dog, retires after 6 years
Benny, the Disneyland security dog, retired after six years of service. A special retirement event was held at Disneyland to mark the occasion.
- NPR’s Alito retirement blunder raises eyebrows after reporter’s ‘not plausible’ explanation stuns media world
NPR retracted a story by legal affairs correspondent Nina Totenberg who incorrectly reported that Alito was retiring. The error raised concerns and prompted media scrutiny due to the implausible explanation provided by the reporter.
- To tackle elderly poverty crisis, Hong Kong needs to rethink retirement
Hong Kong faces a severe elderly poverty crisis that could worsen in the coming decades. A recent study by the Hong Kong Retirement Schemes Association and a pension consultant highlights the urgency, though solutions exist but require time to implement.
- Older Americans debate AI's risks and rewards as retirement nears
Older Americans, including Gen Xers and Baby Boomers, are learning AI to remain employed until retirement, balancing enthusiasm with concerns about ethical and environmental impacts. Financial pressures like rising healthcare costs and vanishing pensions make AI adoption critical for their job security and retirement plans.
- Take this simple step as you approach retirement
The article advises individuals to prepare financially for retirement by proactively building a cash reserve rather than delaying the process. It emphasizes the importance of taking early action to avoid last-minute stress.
- When it comes to retirement, a year can change everything
People who continue working into their 60s experience increased life purpose and stronger social connections. The article highlights how delaying retirement can positively impact well-being through sustained employment.
- 3 ways Social Security recipients can access home equity now
The article outlines three methods for Social Security recipients to access their home equity, emphasizing the importance of selecting the appropriate approach to enhance financial flexibility during retirement.
- Wanna get away — for good? Best country to retire abroad revealed — where the cost of living is more than 50% less than the US
A popular tourist destination has become the top choice for retirement due to a cost of living more than 50% lower than in the US. The article highlights the appeal of this location for retirees seeking affordability.
- I’m 60, retired with $3 million. My fiancée, 55, has $1 million but plans to work for the next 10 years. Are we compatible?
A 60-year-old retiree with $3 million questions compatibility with his 55-year-old fiancée, who has $1 million and plans to work for 10 more years. The fiancée is described as frugal but not diligent in investing.
- What happens when Social Security recipients are sued over unpaid debt?
Social Security recipients may face lawsuits over unpaid debts. Understanding the legal process can help retirees avoid financial mistakes.
- Rachel Reeves's salary sacrifice raid to leave almost three million workers poorer in retirement, figures reveal
Rachel Reeves's salary sacrifice policy is projected to affect nearly three million workers, resulting in reduced retirement savings, according to new figures. The policy is described as leaving workers 'poorer in retirement.'
- Can my Social Security benefits be impacted by medical debt?
Medical debt can persist into retirement, but its direct impact on Social Security benefits remains unclear. The article questions whether such debt affects Social Security checks.
- Ultimate guide to retiring to Portugal: Sunny skies, cheap houses and so affordable... no wonder Brits are flocking there. Now experts and those who've done it reveal everything you need to know - from visas to where to live
Portugal is becoming a popular retirement destination for Brits due to its sunny climate, affordable housing, and low cost of living. Experts and expats highlight key considerations such as visa requirements and optimal living locations for retirees.
- Can credit card debt affect your Social Security benefits?
Credit card debt can create financial risks during retirement, though not necessarily in the ways borrowers typically assume. The article examines the relationship between credit card debt and Social Security benefits, highlighting unexpected consequences for retirees.
- ‘He didn’t really pay attention’: I told my friend he left millions of dollars on the table in retirement. Was I right?
A person's friend lived frugally and maxed out his 401(k)s, potentially leaving millions on the table in retirement. The writer questions whether they were right to point this out. The situation involves significant financial planning.
- Most people make this retirement mistake. You might still have time to fix it.
The article discusses a common mistake people make when preparing for retirement and how they can still fix it. It highlights the importance of being prepared for retirement. Many individuals are not adequately prepared for their post-work life.
- How nearly half of women are cheating themselves out of free money
The article discusses how nearly half of women are missing out on free money, which can lead to having too little money in retirement. This issue is related to financial planning and security. Women are being cheated out of potential financial benefits.
- Fears $226k-a-year principal dubbed 'Creepy Bill' over serial sex abuse claims could have charges DROPPED if he retires
A school principal earning $226,000 annually, nicknamed 'Creepy Bill,' faces potential dismissal of sex abuse charges if he retires, sparking public concern. The case highlights fears that high-profile individuals may evade legal consequences through strategic retirement.
- House Republican from Florida announces he won't seek re-election this year
Republican Rep. Daniel Webster of Florida announced he will not seek re-election in 2024, citing family reasons and a desire to pass the torch to a new leader. He has served in Congress since 2011 and emphasized fiscal responsibility during his tenure. His retirement follows Florida Gov. Ron DeSantis' proposal for a new congressional map.
- Worried about your pension? Welcome to the Rule of £300: Try our handy new pension hack that reveals if YOU have saved enough for a comfortable retirement. All you need is a pen and paper!
The article introduces the 'Rule of £300' as a simple method to assess pension savings adequacy for retirement. It suggests using a pen and paper to apply this calculation, offering a practical tool for individuals concerned about their financial future.
- How picking up trash helped a Wisconsin retiree rediscover purpose
Berny Clarke, a Wisconsin retiree, found renewed purpose in life by picking up trash during nature walks, a practice that began after her doctor recommended walking in nature. This simple act transformed her post-retirement routine and gave her a sense of fulfillment.
- How to retire to the seaside for as little as £90,000 - and Britain's best hidden beach home spots
The article highlights the possibility of retiring to Britain's seaside for as little as £90,000, focusing on hidden beach home spots. It emphasizes affordable coastal living and lesser-known destinations for retirees.
- Growing number of Americans delay retirement: "Rising costs are on my mind"
Nearly one-fifth of adults aged 65 and older in the U.S. are working or seeking work, the highest rate in decades. Many attribute this trend to rising costs forcing them to delay retirement, with some stating it is a necessity rather than a choice.
- 'Iconic' southern radio host diagnosed with late-stage pancreatic cancer just a year after retiring
An iconic southern radio host has been diagnosed with late-stage pancreatic cancer just one year after retiring. The diagnosis highlights the severity of the illness and the challenges faced by the individual.
- Half of Australians Near Retirement Fear Running Out of Cash
Half of Australians approaching retirement express fear of exhausting their savings. The article mentions paddlers in Sydney Harbor, Sydney, Australia.
- We went from £100 a month to £1MILLION in five years and retired... but we weren't high earners
A couple increased their monthly income from £100 to £1 million over five years and retired without being high earners. The article highlights their financial journey and early retirement.