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Key Retirement Birthdays: Not Quite 60
The number I am looking for is actually 59½!
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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.
More debris fell from a turbine Thursday morning at the controversial Vineyard Wind farm off the coast of Cape Cod.
When a Woburn teenager noticed that the offerings at his local food pantry didn't reflect the diversity of his community, he launched an initiative to change that.
Amazon Prime Day 2024 has ended, but there are still great deals to be had a popular laptops.
The people of East Boston are 13 days into the Sumner Tunnel shutdown. As they halt in traffic, MassDOT crews say they are 40% done with the work.
After the I-Team went to Blupoint Healthcare's Newton offices, workers got their paychecks. Days later, their banks said the checks were no good.
An unnamed juror in the Karen Read murder trial told the judge that he or she is "frightened for [his or her] personal safety."
More debris fell from a turbine Thursday morning at the controversial Vineyard Wind farm off the coast of Cape Cod.
Massachusetts health officials said a person from Worcester County has been diagnosed with the first confirmed case of measles in the state since 2020.
The MBTA announced on Thursday that it will suspend service on the Red Line's Braintree branch for 24 days in September.
An 8-year-old Massachusetts girl is recovering after a massive tree branch fell while she was sitting beneath it with some friends at day camp in Norwood.
Caring for someone with dementia can be incredibly stressful and a new study finds that stress can cause damage on a cellular level, which can lead to mental and physical health problems.
A new study out of the U.K. says so-called "night owls" may have better brain function.
Dr. Mallika Marshall answers a viewer question about why eating can make you sleepy.
Massachusetts health officials said a person from Worcester County has been diagnosed with the first confirmed case of measles in the state since 2020.
Researchers are developing a new experimental nasal spray that may help treat patients with dementia.
After the I-Team went to Blupoint Healthcare's Newton offices, workers got their paychecks. Days later, their banks said the checks were no good.
Blupoint Healthcare employees say their paychecks finally cleared at the bank.
An 84-year-old Navy veteran paid a shop thousands of dollars for a headstone. Two years later he still had nothing, until he reached out to WBZ's Call For Action.
Just days after the judge in the Karen Read case announced a mistrial, lawyers for the Mansfield woman are now looking to dismiss two of the charges against her.
The I-Team's Call for Action helped an Ipswich woman who spent years trying to get to the bottom of a mistake that was affecting her credit score.
Jon Keller says Donald Trump chose not to unite the nation by selecting Ohio Senator JD Vance as his running mate.
Jon Keller takes a look at the short-term political implications of the Trump assassination attempt.
Longtime Everett Mayor Carlo DeMaria says a proposed soccer stadium is a key part of the solution to dwindling commercial revenues.
While the race for the White House has been mostly focused on President Biden and his widely-panned debate performance, his challenger Donald Trump is now breaking his post-debate silence.
Two big meetings were held in Washington Tuesday as House and Senate Democrats gathered separately to talk about President Biden and the future his candidacy.
Yankee Candle is laying off about 100 workers in Massachusetts amid a decline in the fragrance business.
Stop & Shop says it will be closing 32 stores this year and eight of them are in Massachusetts.
Thanks in part to an anonymous $5.2 million donation, the West Newton Cinema is likely to be saved from being demolished.
Bob's Stores, a discount clothing retailer with locations in Massachusetts and Connecticut, is going out of business.
Two New England pizza places were named among the best in the country by The New York Times.
Host Rachel Holt talks with their CEO about their distinct connection to Newport and what sets them apart as a "brewstillery."
Newport's Castle Hill Inn is one of the area's most coveted destinations offering visitors spectacular views, luxurious accommodations, and unique dining experiences.
Founded in 2014 with a mission of preserving, celebrating and sharing automotive history, the Audrain Automobile Museum is a must-stop destination for both car enthusiasts and Newport visitors alike.
Host Rachel Holt joins Prezza Mixologist Craig Carpenter in Boston's North End for a hot new twist on a classic cocktail that's bound to be the next big hit.
Chef Delphin Gomes joins host Rachel Holt in the test kitchen to show off his latest creations and the art of merging design with chocolate.
If the NBA champion Boston Celtics want to consider themselves "World Champions," they apparently have to go through the Euroleague champs.
Brad Stevens reacted to two of the biggest storylines surrounding the Boston Celtics this offseason.
Hall of Fame wide receiver Terrell Owens wanted to come out of retirement and help Tom Brady win another Super Bowl in Tampa Bay. But according to Owens, Brady completely ignored his offer.
Training camp is nearly upon us, that special time of year when an NFL player can go from relative obscurity to potential stardom with a strong showing on the practice field.
While Jaylen Brown's assessment on Bronny James didn't sit well with Lakers fans, Bronny's agent had no issues with the Celtics star sharing his opinion.
New photos show an endangered North Atlantic right whale that's named after Fenway Park alongside her calf.
A Massachusetts woman got a big surprise when she was checking her lottery tickets.
Dr. Jennifer LaFemina saved a Little League umpire's life while at her son's baseball game in Massachusetts.
The 93-mile Lamoille Valley Rail Trail is now open in Vermont.
For the second time this year, a flamingo has been spotted on Cape Cod.