Key Retirement Birthdays: So You've Reached 55
Age 55 seems to be a magical number. It's the elusive goal!
Age 55 seems to be a magical number. It's the elusive goal!
With thousands of mutual funds to choose from, you need a disciplined process to whittle down the number to something that is manageable.
It's almost the New Year and it's a good time to review what benefits you have at work.
Only 70% of employers currently offer retirement plans. And of those that did offer retirement plans only 52% of workers participated.
A recent study found the average 401(k) balance is close to $40,000. That's not enough!
Congress realized a couple of years back that most workers will not have enough retirement savings set aside for their golden years.
You may have a 401(k), a 403(b) which is for nonprofit organizations such as schools and hospitals, a 457 plan which covers state, county and city employees and there is a Thrift Savings Plan for federal employees.
Almost all 401(k) plans and some 403(b) and 457 plans allow the participant to borrow from their plan.
How many IRAs do you have? How many retirement plans?
It's midyear and this is a good time to review your retirement accounts.
Many recent grads had to move back home because they could not find a job and right about now mom and dad are making demands they find something so they at least have spending money.
You wake up one morning and you realize the baby is having a birthday and she's 13 today.
More women are getting involved in family finances, but research shows they may not know where to begin. Women lag behind men when it comes to investing.
A recent survey found more women are taking an active role in their family's finances. That same poll found many feel they're not as well versed in these matters as they'd like top be, however.
Back in 1981, the 401k as we know it was born when Ted Benna allowed his employees to make pre-tax contributions to their retirement accounts.
Minimum required distributions known as MRDs normally must begin at age 70½ for your IRAs except the Roth IRA.
When we hear the word rollover, we think of a dog following a command to rollover, wanting a treat.
Let's start with the simplest plan first.
We have Generation Xers frozen in our minds as this 25 year old but they are no longer kids.
A new report from Boston-based Fidelity Investments shows 401(k) retirement accounts are almost back where they were before the recession.
The mother of all birthdays has come and gone and the first of the Boomers are now getting senior discounts when they go to the movies.
Do you need $1 million to retire comfortably?
Retirement planning should start with your first job.
Depending what study you read Saving More was often the number 1 resolution for the New Year.
Congress and the IRS decided that you could not leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin your mandatory withdrawals.
Kutter Crawford pitched a career-high seven innings, Connor Wong had three hits and the Boston Red Sox beat the San Francisco Giants 6-2 on Wednesday night.
The Boston Celtics did not mess around Wednesday night and finished off their first-round playoff series with a blowout win over the Miami Heat in Game 5.
Leaders at Tufts University are pleading with pro-Palestinian demonstrators to end their protests peacefully before commencement. Dozens of students say if police step in, they will boycott graduation.
The National Trust for Historic Preservation is out with its annual list of most endangered places, and Minuteman National Park and Walden Pond made the list.
There are big plans to change the Mass Pike in Allston where the highway takes a dramatic sweeping turn.
Police bodycam video shows the moments before officers shot and killed a man who pointed a gun at them in Raynham on Tuesday.
There are big plans to change the Mass Pike in Allston where the highway takes a dramatic sweeping turn.
May is a month of significant weather gains in Massachusetts.
The Boston Celtics did not mess around Wednesday night and finished off their first-round playoff series with a blowout win over the Miami Heat in Game 5.
May 1 marks the start of the outdoor dining season in every Boston neighborhood except the North End.
A new survey finds that young Americans are falling prey to skin cancer myths.
Scientists in China have created a test using artificial intelligence that can detect cancer using one spot of dried blood.
A Massachusetts non-profit is not only keeping families healthy, but also making sure they have what they need for day-to-day life.
Dr. Mallika Marshall answers a viewer's question about whether or not someone over 65 should still get a pap smear.
A new study looked at whether or not eating more avocados could help people stave off Type 2 diabetes.
A Townsend woman was scammed into believing a famous actor was in love with her. Then the case took on a potentially more sinister turn.
State contracts obtained by the I-Team show taxpayers are paying tens of millions of dollars to hotels for rooms and food.
A fourth-grade teacher at an elementary school in Cambridge is facing child rape charges.
William Foley Jr., a five-time drunk driver who lost his license after a fatal crash in 2001, is back behind bars after an I-Team investigation.
The IRS Criminal Investigation unit helps go after violent criminals, including some right here in Boston.
Surveys have found that support for Israel is "fairly consistent," regardless of campus protests.
Quincy City Council President Ian Cain and Swansea attorney John Deaton are seeking the Republican nomination to run against Sen. Elizabeth Warren.
Pro-Palestinian students have accelerated their protests of the Israel-Hamas war. But are the they helping or hurting their cause?
Massachusetts State Sen. Peter Durant weighed in on budget concerns in Massachusetts.
According to ADL's annual Audit of Antisemitic Incidents, Massachusetts had the fifth most incidents in the country last year, up a shocking 189 percent over 2022.
You can once again grab a cocktail to go in Massachusetts.
April 20, 2024 is Record Store Day. See which record shops in Massachusetts are participating.
Boston Dynamics' latest robot is ready to "exceed human capabilities," the company says.
Rising costs are forcing small businesses located on Boston's Massachusetts Avenue to close.
Boston-based box wine brand Alileo teamed up with Caffe Nero to launch a coffee and wine experience in Massachusetts.
The Strawbery Banke Museum in Portsmouth offers visitors the chance to explore more than 350 years of New Hampshire's history.
Prezza mixologist Craig Carpenter has a unique spin on Manhattans, including a bottle of bourbon with a meaningful backstory.
Take a tour of a stunning property near Harvard Square mixing modern design with quiet luxury.
See what happens when a husband-and-wife pilot couple build their dream home overlooking Logan Airport.
When it comes to updating a house, it all starts with color.
Kutter Crawford pitched a career-high seven innings, Connor Wong had three hits and the Boston Red Sox beat the San Francisco Giants 6-2 on Wednesday night.
The Boston Celtics did not mess around Wednesday night and finished off their first-round playoff series with a blowout win over the Miami Heat in Game 5.
"I'm still pissed off from last night. Just being honest."
Jacoby Brissett intends to continue to be the excellent teammate and mentor that he's been on his journey through five NFL franchises, but the 31-year-old is not looking to simply fade into the background now that Drake Maye has been drafted by the Patriots.
Boston's starting pitchers have been keeping opponents off the scoreboard to start the 2024 season.
Researchers spotted a 37-year-old right whale mother named Wolf and her calf off the coast of Massachusetts.
The 2024 cicada broods will not be emerging in Massachusetts - but the buzzing bugs are set to appear here in 2025.
A pair of vultures thought to be "actively dying" actually had too much to drink, wildlife rescuers in Connecticut say.
A fluffy pile of golden retrievers took over the Boston Common in memory of Spencer the marathon dog.
The thick fog made for an eerie sight as the Mayflower II crossed the Cape Cod Canal.