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Retire

Tom Brady Says He’s Retiring, for Good This Time – The New York Times

Tom Brady, one of the world’s most decorated professional athletes and widely viewed as the greatest player in N.F.L. history, announced on Wednesday that he would retire. For good this time.

“I’ll get to the point right away,” Brady, who just completed his 23rd season, said in a short video posted on social media. “I’m retiring. For good.”

Brady, 45, exits the league as the winner of…….

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Retire

How much do I really need to retire? Fidelity wants you to save 10 times your income by age 67. But here are 3 reasons why that could be dead wrong – Yahoo Finance

How much do I really need to retire? Fidelity wants you to save 10 times your income by age 67. But here are 3 reasons why that could be dead wrong

Everybody craves a benchmark. They give us guidance, a target, an easily understood standard. So it’s little wonder that one of the most popular financial Google searches is some variation of this question: How much money will I need in retirement?

For many people, retirement is simultaneously a bonanza of free time, full of travel, …….

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Retire

New retirement withdrawal rule is a boon for wealthy seniors – Yahoo Finance

New retirement rules in legislation signed by President Biden in December contain a handful of changes to required withdrawals from retirement accounts that score big brownie points with well-heeled seniors.

The new law ramps up the age you must start withdrawing required minimum distributions, or RMDs, from individual retirement accounts (IRAs), 401(k)s, and 403 (b) plans, to 73 this year, up from 72. That requirement will leap to age 75 in 2033.

Another provision eliminates RMDs…….

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Retire

As France Moves to Delay Retirement, Older Workers Are in a Quandary – The New York Times

During her 38-year career as a sales and marketing manager, Christine Jagueneau rarely thought about retirement. But when her job at a French industrial company was eliminated just before her 59th birthday last February, the idea of tapping her pension took on unexpected urgency.

Despite nearly a dozen job interviews, she said, employers have suggested that she’s too old to be hired. She has just enough savings to coast to France…….

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Retire

Can I afford to retire at this exact moment? Here are 3 simple rules of thumb to figure it out in 2023 – Yahoo Finance

Can I afford to retire at this exact moment? Here are 3 simple rules of thumb to figure it out in 2023

While the “Great Resignation” and “quiet quitting” might be sweeping offices for younger Americans, older Americans may have a similar, if more permanent idea in mind these days. With the holidays behind them, some may ask themselves whether they can retire. Like, right now.

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That’s not to say early retirement is a new trend at all, as the pandemic nea…….

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France’s government outlines plans to raise retirement age despite years of pushback – CNBC

The French government is presenting new plans to update the pension system. Analysts expect some backlash from some workers.

Nurphoto | Nurphoto | Getty Images

French President Emmanuel Macron is going at it again.

A new pension reform proposal was presented Tuesday that included plans to raise France’s retirement age — which is expected to face some significant backlash in the country.

Macron is serving his second term as France’s president but overhauling the pensi…….

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Retire

As Asian Societies Age, ‘Retirement’ Just Means More Work – The New York Times

To cope with what demographers call “super aging societies,” policymakers in East Asia initially focused on trying to spur births and tinkering with immigration laws to shore up work forces. Such measures have done little to alter the aging trend line, as fertility rates have plunged and many countries have resisted large-scale immigration plans.

That has left employers desperate for workers. In Japan, for example, surveys show…….