AARP Eye Center
No one wants to be a burden on their kids in retirement. But how parents and their adult children view some of the more pressing issues that aging brings - such as caring for sick elders or helping them financially during their retirement years - seems to be in conflict.
Spiraling college tuition, and the student loan debt that typically accompanies it, are busting the retirement plans of millions of near-retirees. People 60-plus now hold the dubious distinction of being in the fastest-growing age group for college debt, according to The New York Times.
If you've contributed steadily to your 401(k) and didn't get scared off by the down economy and the wild swings of the stock market, chances are you're being rewarded now.
With lawmakers under the gun to avert a slew of impending tax hikes and spending cuts scheduled to kick in on Jan. 1, Social Security advocates fear that harmful changes to the program could be crammed into a last-minute budget deal.
You may want to call ahead to check the hours of operation if you're planning to visit your local Social Security office anytime soon.
Do you have too much debt, too little cash flow, an upside-down mortgage, a late-life divorce, a nest egg sapped by a bad investment or other financial challenges? Are you unsure how to cope?
What goes up must come down, except when you're talking about the cost of long-term care.
When millions of borrowers were locked into high-interest mortgages that hiked their monthly payments to unaffordable levels, mortgage giant Freddie Mac made it more difficult for them to refinance to lower-interest loans, to avoid cutting into company profits, according to a published report.
Hooray for women. We've made impressive strides in education and work over the last half-century. Yet we're still earning less than men in most occupations.
Boomers and younger workers don't have much to celebrate in a new report on retirement plan trends among big employers. It shows that 80 percent of companies with more than 1,000 employees offer a defined benefit pension plan, but within five years, that will change. And not for the better.