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Retirement

The Consumer Price Index, which measures inflation, is only as effective as the assumptions it makes -- in this case, about what you buy. If you spend more on certain things than most people, then the CPI will do a terrible job of reflecting the prices you actually pay. In particular, retirees often don't fit the CPI profile well at all.
"Retirement" used to mean the end of one chapter of life and the beginning of something new, time spent with family and friends, traveling or focusing on hobbies. Yet for many of today's mature workers, the picture of retirement looks very different: A new CareerBuilder study has found that 57 percent of workers age 60 and over surveyed said they would look for a new job after retiring from their current company.
It may seem hard to save money for retirement: Fully 76% of Americans have saved less than $100,000, and 56% have saved less than $25,000. But once you learn how Oseola McCarty managed to set aside so much with so little, you'll see how few excuses you have.
Last year, the Social Security Administration warned that the program's trust fund was likely to run out of money in 2036, leading to deep cuts in benefits. Now, the Congressional Budget Office says that projection may have been too optimistic.
Now more than ever, a comfortable retirement depends on secure, stable investments. Unfortunately, the right stocks for retirement won't just fall into your lap. In this series, I look at 10 measures to show what makes a great retirement-oriented stock. Pfizer (NYS: PFE) is one of the most...
When it comes to Social Security's woes, the potential cures discussed the most are unpleasant: Raise the retirement age, reduce payments, or raise the tax rate. Fortunately, those aren't the only options.
With so many pundits fretting about Social Security's possible collapse in 2036, it's hard to be optimistic about the entitlement program's future. But one insurance expert thinks that giving retirees a bit more flexibility could save the entire system.
In 2036, Social Security's Trust Fund is set to run out of money, after which it's anticipated that the program's benefits will be cut by about a quarter. And if you're likely to be around when that happens, you need a plan to make up the difference.
$1 million is a lot of money, but assuming that should be your retirement funding goal can be dangerously simplistic. So before you spend the next few decades over- or under-saving, assess whether $1 million is enough -- or too much -- to fund your plans.
TopRetirements.com has named the 10 worst states in which to retire, based in factors such as taxes and climate. Every retirement is unique, but before you end up living out your golden years chilly and underfunded, check out this list.
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