Retirement savings requires a plan to avoid the "financial vortex": Goldman Sachs
businessinsider.com/retirement-savings-investing-goldman-sachs-financial-advice-2023-10
Quick Glance: Goldman Sachs: Retirement Requires Planning to Avoid the "Financial Vortex"
- Two new surveys reveal most Americans feel behind on their retirement savings.
- The "financial vortex" and lack of financial plans are impacting retirement hopes.
- Pressure from various fronts has most Americans feeling behind on their retirement and needing to delay it.
- Goldman Sachs notes that people struggle to balance multiple financial goals with limited resources.
Story Details
| Last Updated | Dec 12 23 |
| Total Articles | 10 |
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56% of adults feel 'behind' on retirement savings, survey finds. Here's how to tell if you are
cnbc.com/2023/10/15/heres-how-to-tell-if-you-are-behind-on-retirement-savings.html
How to ensure you don't outlive your retirement savings: Spend your golden years relaxing, not stressing.
theweek.com/personal-finance/how-to-ensure-you-dont-outlive-your-retirement-savings
Plenty of people feel like they are behind on their retirement savings. But what exactly does “behind” mean?
Read how experts say you can figure out if you’re ... Show more
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Retirement savings requires a plan to avoid the "financial vortex": Goldman Sachs
businessinsider.com/retirement-savings-investing-goldman-sachs-financial-advice-2023-10
56% of adults feel 'behind' on retirement savings, survey finds. Here's how to tell if you are
cnbc.com/2023/10/15/heres-how-to-tell-if-you-are-behind-on-retirement-savings.html
How to ensure you don't outlive your retirement savings: Spend your golden years relaxing, not stressing.
theweek.com/personal-finance/how-to-ensure-you-dont-outlive-your-retirement-savings
How much do you really need to retire comfortably?: 56% of American adults are concerned about lagging behind in their retirement savings ...
euronews.com/2023/10/17/more-than-half-of-us-citizens-feel-behind-on-their-retirement-savings-heres-how-to-buck-th
For people who put work first in their life, a risk of retirement regrets: The survey responses highlight the need to have a two-pronged retirement plan that ...
theglobeandmail.com/investing/personal-finance/retirement/article-for-people-who-put-work-first-in-their-life-a-risk-of-retirement/
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From Retirement Savings to Retirement Income:
6 Strategies to Help Make Your Money Last
kiplinger.com/retirement/6-strategies-to-help-make-your-money-last
Here Are 5 Ways to Help Fill Costly Holes in Your Retirement Plan: Workers save for retirement for years, but are they overlooking some costly gaps in their ...
kiplinger.com/retirement/here-are-5-ways-to-help-fill-costly-holes-in-your-retirement-plan
A 63-year-old 'peak boomer' is scared for retirement, has no savings: After Diane Senffner, 63, lost her job during the pandemic, she depleted her savings and ...
businessinsider.com/peak-boomer-scared-to-retire-working-depleted-savings-social-security-2024-4
Quick Glance: The Illusion of the Optimal Retirement Age
- During the Great Depression, the retirement age was set at 65, despite lower life expectancies at the time.
- Due to increased life expectancy and a growing retiree population, the social security system is facing financial challenges.
- The debate around raising the retirement age is controversial, considering the impact on the health and social status of older workers.
- The discussion on the ideal retirement age also addresses social inequalities, health factors, and the diversity of individual working conditions.
How to make the US retirement system better: Australia uses a system called superannuation where companies are required to contribute to employees' retirement ...
businessinsider.com/how-make-us-retirement-system-better-australia-superannuation-benefits-2024-4
Pension: work until 73? Retiring in your late 60s “much more difficult”: In a few decades, younger people might not be able to retire until their early 70s ...
derwesten.de/panorama/vermischtes/rente-eintritt-alter-eintrittsalter-id300920831.html
More people are working well past retirement age. It’s not easy: Hope Murray retired in 2013 after a 50-year career that ranged from game show producer ...
cnn.com/2024/04/14/economy/working-past-retirement-age/
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Four-Time WNBA Champion Sue Bird Joins Seattle Storm Ownership Group : She played 20 seasons in Seattle before retiring in 2022.
si.com/college/2024/04/24/sue-bird-seattle-storm
Matt Ryan Announces NFL Retirement in Special Video Addressed to Falcons Fans: Ryan is retiring after a 15-year NFL career.
si.com/nfl/2024/04/22/matt-ryan-retires-from-nfl-with-special-video-to-falcons-fans
Quick Glance: Falcons Legend Matt Ryan Officially Retires from NFL
- Matt Ryan, arguably the greatest quarterback in Atlanta Falcons history, has officially retired from the NFL.
- Ryan, who didn't play last season and transitioned to a broadcasting career, made the announcement on social media.
- In a video message, Ryan expressed his gratitude to Falcons fans and emphasized his responsibility to give his best.
- Selected third overall in the 2008 NFL draft, Ryan holds numerous passing records for the Falcons and led the team to six playoff appearances, including a Super Bowl.
Nearly 1 in 4 Americans plan to decrease 401(k) contributions. Why it could be a bad idea
usatoday.com/story/money/personalfinance/retirement/2024/04/14/why-decreasing-401k-contributions-could-hurt-you/73271846007/
When should I retire? It may be much later in life than you think.: Forward-looking companies like Microsoft and Boeing are already gearing up to take full ...
usatoday.com/story/opinion/2024/04/12/retirement-older-workers-employees-value-jobs/73286359007/
Opinion: The voice of Yankees legends bids farewell : NPR's Scott Simon remarks on the long career of John Sterling, the New York Yankees' play-by-play announcer ...
npr.org/2024/04/20/1245988938/opinion-the-voice-of-yankees-legends-bids-farewell
Retire later: State of Brandenburg attracts older teachers with a bonus: There is a lack of teachers in Brandenburg. In order to secure teaching ...
tagesspiegel.de/potsdam/brandenburg/spater-in-den-ruhestand-land-brandenburg-lockt-altere-lehrer-mit-bonus-11553083.html
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Example calculation shows: This pension is possible with a monthly salary of 4,500 euros
hna.de/verbraucher/berechnung-rente-monatsgehalt-4500-euro-moeglich-rentenhoehe-rentenformel-zr-93007257.html
Do you actually need $1.46 million to retire comfortably?: Discover what financial planners think about whether Americans really need over $1 million to retire ...
simplemost.com/do-you-actually-need-1-46-million-to-retire-comfortably/
LeBron’s Newest Teammate Isn’t an All-Star. He’s a Podcaster.: JJ Redick was a role player during his NBA career. But in the new age of sports media ...
wsj.com/sports/basketball/lebron-james-jj-redick-podcast-mind-the-game-08918bda
Colts Great Andrew Luck Says He Never Felt Desire to Come Out of Retirement From NFL
si.com/nfl/2024/04/13/colts-great-andrew-luck-never-felt-desire-to-come-out-of-retirement-from-nfl
Gareth Bale lands first sporting role since retiring from football as Welsh legend joins forces with...
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About 1 in 4 US adults 50 and older who aren’t yet retired expect to never retire, AARP study finds
orlandosentinel.com/2024/04/24/about-1-in-4-us-adults-50-and-older-who-arent-yet-retired-expect-to-never-retire-aarp-study-finds/
What’s Your Retirement Income Style?: Let’s stop bickering about the ‘right’ way to generate retirement cash flows.
morningstar.com/retirement/whats-your-retirement-income-style
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Kelsey Plum, Darren Waller getting divorced as Giants await tight end’s retirement call
nydailynews.com/2024/04/23/kelsey-plum-darren-waller-divorce-giants-retirement/
Quick Glance: Kelsey Plum and Darren Waller Divorcing as Giants Await Retirement Decision
- After only a year of marriage, New York Giants tight end, Darren Waller, and Las Vegas Aces guard, Kelsey Plum, have decided to get a divorce.
- Plum, a standout in the WNBA, shared her process of dealing with the 'pain' of their situation, which seems to involve Waller.
- The divorce petition was submitted for Kelsey Christine Plum and Darren Charles Waller in Clark County, Nev., as reported by the Las Vegas Review-Journal.
- Waller, 31, had a disappointing season in New York, facing an extended injury absence while being visible at the team's New Jersey facility.
Robin Hayes, Former JetBlue CEO, To Lead Airbus Americas: Former JetBlue Airways CEO Robin Hayes will succeed retiring Airbus Americas CEO and Chairman Jeff ...
aviationweek.com/air-transport/airlines-lessors/robin-hayes-former-jetblue-ceo-lead-airbus-americas
Here’s what 5 financial advisors reveal they’d do with an extra $1,000 : Knowing how to invest a cash windfall can be complicated. That’s why we consulted the ...
marketwatch.com/picks/heres-what-5-financial-advisors-reveal-theyd-do-with-an-extra-1-000-but-are-these-moves-right-for-you-ac83ca27
Frustrated Minnesota teachers paying lawyer $78,000 for pension review: A two-tier pension system has been a growing concern for teachers, some of whom hope ...
startribune.com/frustrated-minnesota-teachers-paying-lawyer-78000-for-pension-review/600361962/
How to Stop Boredom From Ruining Your Happy Retirement: Retirees who explore new interests and have an active social life are more likely to find joy — and even ...
kiplinger.com/retirement/how-to-stop-boredom-from-ruining-your-happy-retirement
Dave Ramsey explains how your mortgage is key to early retirement: Retiring early is a financial goal that requires planning and lifestyle changes.
thestreet.com/real-estate/dave-ramsey-mortgage-early-retirement
Americans Deserve Straight Retirement Advice. They Work Too Hard for Their Money.
on.barrons.com/4aN542U
Pension savers warned mistake will cost them £14,000 and 'you can't unwind it' : Experts are warning that an easy mistake could actually cost you £14 ...
birminghammail.co.uk/news/cost-of-living/pension-savers-warned-mistake-cost-29056900
Retirement could come sooner than you think — how to plan for it: Take these steps to strengthen your retirement plan in case you have to stop working sooner ...
bostonherald.com/2024/04/25/retirement-could-come-sooner-than-you-think-how-to-plan-for-it/
Lawmakers push Wall Street giveaway disguised as increased worker security: If members of Congress want to improve retirement security, they should expand Social ...
thehill.com/opinion/4618453-lawmakers-push-wall-street-giveaway-disguised-as-increased-worker-security/
Multitaskers Get Serious About Retirement Funding: With three kids and a single income, it’s time to create a portfolio that can address this young family’s ...
morningstar.com/portfolios/multitaskers-get-serious-about-retirement-funding
Jason Kelce Received Such a Sweet Eagles-Inspired Retirement Gift From His Wife: Kylie Kelce's thoughtful present for the ex-Eagles center deserves to be in the ...
si.com/nfl/2024/04/22/jason-kelce-received-sweet-eagles-retirement-gift-wife-kylie
IRA rollovers: what to watch out for — and how to avoid the sharks: A new Department of Labor rule, which goes into effect in September, requires that anyone who ...
marketwatch.com/story/ira-rollovers-what-to-watch-out-for-and-how-to-avoid-the-sharks-fe7e7d70
Labor Department cracking down on retirement savings advice: The Labor Department will crack down on retirement savings advice to safeguard workers’ interests ...
thehill.com/business/4615865-labor-department-cracking-down-on-retirement-savings-advice/
How much Americans in their 40s have in their 401(k)s—and how to boost it: Although many Americans in their 40s are getting closer to retirement age ...
cnbc.com/2024/04/23/fidelity-how-much-money-americans-in-their-40s-have-in-their-401ks.html
Quentin Tarantino’s 10-Movie Retirement Plan Has Some Flaws: With Tarantino abandoning 'The Movie Critic,' it’s time to take another look at his whole ...
hollywoodreporter.com/movies/movie-features/quentin-tarantino-10-final-movie-retirement-1235876755/
Quick Glance: How Tony Scott Convinced Quentin Tarantino with 'True Romance' Ending
- Tony Scott chose a less bleak ending for 'True Romance' than Quentin Tarantino wanted.
- The ending was the major point of contention between the two directors.
- Scott viewed the film as a fairy tale and wanted to give the characters a happy ending.
- The collaboration between Scott and Tarantino resulted in a beautiful work that honored the essence of the story.
Is a New Age on the Horizon for 401(k) Participants?: As BlackRock launches its target-date series with annuities, we look back at the history of ...
morningstar.com/financial-advice/is-new-era-horizon-401k-participants
I’m 67, living in Boston and have $1.5 million saved. I’m still working full time and paying 1% to a big bank to manage my money. What’s my move?
marketwatch.com/picks/im-67-living-in-boston-and-have-1-5-million-saved-im-still-working-full-time-and-paying-1-to-a-big-bank-to-manage-my-money-whats-my-move-32b2edd5
Saints offensive lineman James Hurst explains why he's retiring after 10 seasons in NFL
theadvocate.com/baton_rouge/sports/saints/saints-james-hurst-retirement/article_bb88f9c5-dfb2-5272-9486-0c836679815f.html
Younger Americans Don't Necessarily Want to Retire in Florida — and the 2 Affordable States at the Top of Their List Might Surprise You
entrepreneur.com/living/young-americans-want-to-retire-in-these-2-states-data-shows/472561
Paid articlePaid Young 'Supersaver' Balances Near-Term Goals Against Long-Term Priorities
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Advisers on Trillions in IRAs Must Now Put Your Interest First: New rules will govern advice on moving nest eggs into individual retirement accounts.
wsj.com/personal-finance/retirement/retirement-advice-401k-ira-fiduciary-rule-e87bd95b
This Week In Basketball can (not) only weigh in on every playoff series but also pay homage to Blake Griffin
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marketwatch.com/story/we-were-all-set-to-enjoy-our-retirement-my-son-invested-in-startups-and-we-bailed-him-out-with-100-000-what-now-46274e7b
Vesting schedules can turn a ‘free’ 401(k) match into ‘pretend’ money: When you are new to a job, knowing when the company match belongs to you is as important ...
marketwatch.com/story/your-401-k-match-might-not-be-yours-yet-vesting-schedules-can-turn-free-401-k-money-into-pretend-money-f1b7d2e1
Where the Presidential Candidates Stand on Retirement: While Biden and Trump both say they support Social Security and Medicare, their approach to each has been ...
money.usnews.com/money/retirement/articles/where-the-presidential-candidates-stand-on-retirement
5 Steps to Spring-Cleaning Your Investment Portfolio : Portfolios can get unwieldy. Here’s how to reduce some clutter.
morningstar.com/portfolios/5-steps-spring-cleaning-your-investment-portfolio
The 10 most common pension mistakes – and how to fix them: As it becomes more important to plan your retirement, experts reveal the top mistakes people make with ...
inews.co.uk/inews-lifestyle/money/pensions-and-retirement/pension-mistakes-how-fix-3007981
New warning on cost of being too ill to work and too young for State Pension: A retirement expert warns of the stark reality of ill health in later life before ...
dailyrecord.co.uk/lifestyle/money/new-state-pension-health-warning-32608658
Tiger Woods is finished as a golfer – what he does next is seismic for the sport: Woods can be as valuable to golf in retirement as he was as a player - ...
inews.co.uk/sport/golf/tiger-woods-finished-golf-what-next-3006617
Chris Paul said he isn’t retiring, but is there any future with the Warriors?: "For me, it's always been about winning, whatever that looks like ...
theathletic.com/5421426/2024/04/17/chris-paul-retirements-warriors-future-nba/
Quick Glance: Chris Paul: An Irreplaceable Mentor on the Path to Championship
- Chris Paul is ready for another playoffs run with the Golden State Warriors, relying on his skills and experience to lead his team to success.
- Paul is regarded as a mercenary, playing a unique role in the NBA by supporting teams in challenging situations to transform them into competitive units.
- His outstanding basketball IQ, defensive abilities, and relentless effort have made Paul one of the best players in the league, consistently delivering positive results.
- While Paul still awaits a championship ring, he remains focused and demanding in terms of his teammates' performance, showcasing his unique ability to motivate and nurture young players.
How much money Americans in their 50s saved in 2023—and 3 ways to save more: People in their 50s may have saved the least when compared with younger age groups ...
cnbc.com/2024/04/18/how-much-money-americans-in-their-50s-saved-in-2023.html
The new magic number for retirement in California is $1.47 million: A new study has found Americans’ “magic number” for savings to retire comfortably is at an ...
sfchronicle.com/california/article/magic-number-retirement-19393925.php
Longtime voice of Yankees John Sterling is retiring, effective immediately: Sterling has called Yankees games since 1989, a span including the Derek Jeter era ...
sports.yahoo.com/longtime-voice-of-yankees-john-sterling-is-retiring-effective-immediately-212718064.html
Quick Glance: John Sterling retiring as Yankees play-by-play announcer due to health concerns
- The longtime Yankees radio voice, John Sterling, is stepping down due to health concerns.
- At 85 years old, Sterling is bidding farewell due to health issues.
- Since 1989, Sterling has been calling the Yankees games and partnered with Suzyn Waldman since 2005.
- His famous home run call was 'It is high, it is far, it is gone!', followed by 'Yankees win - the Yankees win' after victories.
Tesla reports earnings next week — can you as an investor expect anything good?: Also: Netflix’s good numbers and a reporting change, buying a home off-market ...
marketwatch.com/story/tesla-reports-earnings-next-week-can-you-as-an-investor-expect-anything-good-e6e3be4b
Video: Tom Brady 'Not Opposed' to Ending NFL Retirement, Names Patriots, Raiders: Tom Brady is 46 years old and hasn't played in the NFL since the 2022 season ...
bleacherreport.com/articles/10116479-video-tom-brady-not-opposed-to-ending-nfl-retirement-names-patriots-raiders
Quick Glance: Tom Brady Open to NFL Return
- Brady mentioned the Patriots and Raiders before answering a question on a podcast about a potential return.
- The former quarterback hinted that he might not be retiring 'for good' and stated that he is 'not opposed' to returning to playing in the league.
- Brady expressed interest in acquiring stakes in the Las Vegas Raiders after previously investing in the Las Vegas Aces.
- The 46-year-old Brady, who retired after a historic 23-year career, winning seven Super Bowls, returned to the Buccaneers in March 2022 after initially retiring.
Americans think they need almost $1.5 million to retire. Experts say to focus on another number instead
cnbc.com/2024/04/15/americans-think-they-need-1point46-million-to-retire-what-experts-say.html
Derek Fisher tips hat to retiring NBA rival Rajon Rondo: MANILA, Philippines—Before fans anticipated flashy crossovers and deep-range triples from the NBA’s ...
sports.inquirer.net/562088/derek-fisher-tips-hat-to-retiring-nba-rival-rajon-rondo
Make Money While You Sleep, 2 Fat Dividends For A Retirement Dream: Investing is a tool for navigating retirement; it shouldn’t become a full-time career ...
seekingalpha.com/article/4684478-make-money-while-you-sleep-2-fat-dividends-for-a-retirement-dream
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Court: Gov. Mike DeWine lacked authority to remove teachers' pension board member
dispatch.com/story/news/state/2024/04/18/appeals-court-rules-dewine-lacked-authority-to-change-strs-board/73373688007/
I thought I'd retire at 65 — until I discovered FIRE to retire early: I saved in a 401(k), until the FIRE movement taught us that retirement isn't triggered by ...
businessinsider.com/personal-finance/planned-retirement-until-discovered-fire-2023-8
A Surprising Number of U.S. Couples Have Secret Financial Accounts, According to a New Survey — And Most Have Not Talked About a Key Retirement Question
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90% of couples say they trust each other when it comes to money — but do they?: Couples often agree on overall retirement goals. But the devil is in the details.
marketwatch.com/story/couples-say-they-trust-each-other-when-it-comes-to-retirement-but-many-have-mounting-anxiety-and-secret-bank-accounts-17cd1bcc
More Americans are moving abroad because the US is too expensive: More and more Americans are deciding that the only way to pay off debts, save money ...
businessinsider.com/americans-moving-abroad-cost-of-living-too-expensive-debt-retirement-2024-4
Are backdoor Roth conversions a good idea? I can only afford $200 a month.: ‘I have a very good pension through work, but I also want to save for retirement on ...
marketwatch.com/story/im-doing-backdoor-roth-conversions-but-i-can-only-afford-200-per-month-what-are-the-pros-and-cons-2d23073b
Why You Shouldn’t Let High Interest Rates Seduce You: While increased interest rates are improving the returns on high-yield savings accounts ...
kiplinger.com/personal-finance/high-interest-rates-for-the-long-term
First-Time Parents Balance College, Retirement Savings: With a lot in flux in their lives, how much cash is too much?
morningstar.com/articles/1065897/first-time-parents-balance-college-retirement-savings
NFL: Tom Brady, please stay retired! One comment: Tom Brady had recently publicly flirted with an NFL return should a team "need" him. But only one place needs ...
ran.de/sports/american-football/nfl/news/nfl-tom-brady-bitte-bleib-im-ruhestand-ein-kommentar-361255
‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthy
politico.com/news/2024/04/13/how-your-401k-ate-the-federal-budget-00150319
Retirees Face Significant Tax Bills Due to Fraud: A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
kiplinger.com/taxes/retirees-face-tax-bills-due-to-theft-losses
Verne Lundquist Picks Two Favorite Calls From His Legendary Career: The 83-year-old is retiring from sports broadcasting following this weekend's Masters ...
si.com/golf/verne-lundquist-favorite-masters-call-retiring
Tom Brady admits he COULD return to the NFL after finally retiring last year... but seven-time Super...
dailymail.co.uk/sport/nfl/article-13298669/tom-brady-nfl-return-super-bowl.html
Take This Simple Step As You Approach Retirement: Don’t wait until the last minute to fill your cash ‘bucket.’
morningstar.com/retirement/take-this-simple-step-runup-retirement
What Higher Interest Rates Mean for Retirement Cash Flows: Now that interest rates are higher, should retirees try to live off of their portfolios’ yields?
morningstar.com/retirement/what-higher-interest-rates-mean-retirement-cash-flows
My teenagers filed taxes for the first time, and they weren’t happy about it: They asked some good questions I couldn’t fully answer — even though I’m a ‘smart ...
marketwatch.com/story/my-teenagers-filed-taxes-for-the-first-time-and-they-werent-happy-about-it-7e843259
Cash-for-visa funded retirement village in race to buy Wicklow facility: Clonmannon has two weeks to purchase the 44-unit portfolio, for which investors coughed ...
businesspost.ie/news/cash-for-visa-funded-retirement-village-in-race-to-buy-wicklow-facility/
Paid articlePaid These common rules take $1.5 billion a year in 401(k) contributions from U.S. workers
marketwatch.com/story/u-s-workers-are-losing-1-5-billion-a-year-in-401-k-contributions-cf05325d
I’m 73 and in the retirement trap – my pension is too small but I can’t get a job
inews.co.uk/inews-lifestyle/retirement-trap-pension-too-small-no-job-2996586
NBA player Dillon Brooks on how he invests the $125 million he’s made: Brooks spoke with MarketWatch about the financial advice he’d give to young people who ...
marketwatch.com/story/nba-player-dillon-brooks-on-how-he-invests-the-125-million-hes-made-and-which-opponent-is-the-hardest-to-defend-1866f165
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