Key Retirement Birthdays: Not Quite 60
The number I am looking for is actually 59½!
Watch CBS News
The number I am looking for is actually 59½!
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.
he WBZ weather team is issuing a Next Weather Alert for morning rain and isolated thunderstorms on Friday.
Caleb Durbin broke a tie with a two-run homer in the fifth inning and the Boston Red Sox beat the New York Yankees 6-3 on Thursday night.
A 58-year-old man has died after he was stabbed at a park in Wellesley, Massachusetts and a suspect has been arrested.
A Malden, Massachusetts woman said National Grid debited her bank account more than $28,000 for a gas bill that she didn't even owe.
Roughly 45,000 Haitians are estimated to be in Massachusetts under temporary protected status, or TPS, according to the state.
A 58-year-old man has died after he was stabbed at a park in Wellesley, Massachusetts and a suspect has been arrested.
he WBZ weather team is issuing a Next Weather Alert for morning rain and isolated thunderstorms on Friday.
A Malden, Massachusetts woman said National Grid debited her bank account more than $28,000 for a gas bill that she didn't even owe.
A wrong-way driver was killed in a crash on Interstate 290 in Northboro late Wednesday night, police said.
Gas prices dipped below $4 a gallon in Massachusetts Thursday for the first time in exactly two months.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
There was a possible measles exposure at Logan Airport in Boston last week, Massachusetts health officials say.
A new study finds that a simple blood test could predict Alzheimer's disease long before symptoms appear.
The Lone Star tick, which can cause alpha-gal syndrome, is spreading north throughout Massachusetts.
Boston's cold and snowy winter might have an effect on this year's pollen allergy season.
A Malden, Massachusetts woman said National Grid debited her bank account more than $28,000 for a gas bill that she didn't even owe.
A Massachusetts family thought their Vrbo stay would be protected after they had to cancel their trip to Hawaii due to severe weather. Now they're out $12,000.
A driver from Southboro, Massachusetts struggled for months to unravel a frustrating mix up with his E-ZPass account.
The gunman who allegedly opened fire on passing cars on Memorial Drive in Cambridge, Massachusetts is 46-year-old Tyler Brown from Boston.
There have been four violent attacks in three weeks at Tewksbury Hospital and a state representative is taking the fight to Beacon Hill to give security the non-lethal equipment back.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
There's a proposal in Cambridge to limit customers at bars and restaurants to one drink every 30 minutes.
Boston Dynamics is expanding with a new robotics and AI center in Waltham, Massachusetts.
Dozens of Boston bars and restaurants are taking advantage of a new Massachusetts law allowing for a later last call.
We now know when the sales tax holiday is coming to Massachusetts in August.
Gov. Maura Healey said Tuesday that she personally supports bringing back happy hour in Massachusetts.
Beauport, the Sleeper-McCann House has become one of New England's most imaginative seaside estates.
Blending clean modern lines with the warmth of a classic seaside retreat, this stunning North Shore coastal home was designed to feel both elevated and inviting.
Set across thirty acres of rolling lawns, wooded trails, and contemporary outdoor art, deCordova Sculpture Park and Museum invites visitors to experience art in the landscape.
James Beard Award-winning chef and restaurateur Karen Akunowicz has become known for her bold, Italian-inspired cooking and unmistakable culinary voice.
Just a short drive from Newport, the Norman Bird Sanctuary spans 300 acres of fields, forests, and coastal trails with sweeping views and more than six miles of hiking paths.
Caleb Durbin broke a tie with a two-run homer in the fifth inning and the Boston Red Sox beat the New York Yankees 6-3 on Thursday night.
The Boston Celtics selected forward Dillion Mitchell from St. John's in the second round of the NBA Draft Wednesday night.
Celtics guard Derrick White is putting his money where his mouth is and investing in the University of Colorado Boulder men's basketball program.
The Colorado Rockies rallied past the Boston Red Sox 8-6 on Wednesday.
The Boston Celtics selected Chris Cenac Jr., a freshman forward/center out of Houston, with the 27th pick of the NBA Draft Tuesday night.
Haggis is not on the menu in Boston for the World Cup, despite what Gov. Healey told Scotland supporters in a lighthearted social media video.
There have been multiple sightings of a black bear in some unusual locations on the seacoast of New Hampshire and in southern Maine.
There's a smelly situation on the beach in Provincetown, Massachusetts after thousands of squid washed up on shore
Have you ever wondered where all the fish in the New England Aquarium come from? The answer is just down the road in Quincy.
Hopkinton, Massachusetts police are investigating video of a "suspicious" person walking into the middle of a road at night in front of a car.