retirement Archives - DR News - News, Retirement, Finance

Retirement Investments: Why Self-Managing Could Help Scratching the Itch

TORONTO, ON – As retirement approaches, many individuals consider how to spend their newfound free time. While activities like golf, bridge, or even iron-man events may appeal to some, others are drawn to the idea of managing their own investments. This approach can seem attractive, especially for those looking to save on the fees charged by financial advisers. One reader, recently retired with a substantial retirement savings, expressed interest in a more hands-on approach to …

Wrestling Legend Jake Roberts Opens Up About Retirement Regrets on Podcast

Orlando, Florida – Transitioning into retirement poses unique challenges for athletes and performers, a journey that is particularly complex for professional wrestlers who have built their careers on captivating audiences with their skill and charisma. This shift can be emotionally and psychologically taxing as wrestlers come to terms with stepping away from the spotlight, the adrenaline rush, and the camaraderie that defines their industry. In a recent episode of his podcast, WWE Hall of Famer …

Retirement Check Schedule: Social Security Payments Simplified for U.S. Retirees

Miami, Florida – The timing of Social Security payments plays a crucial role in the financial planning of retirees across the United States. Understanding the schedule for these benefits is essential for recipients to ensure they receive their monthly checks on time. Individuals receiving Social Security benefits in the U.S. are categorized into two main groups, each with its own designated payment days. The second group further divides into three subgroups, resulting in a total …

Delaying: How to Maximize Your Social Security Benefits During Retirement

New York, United States – Social Security, a program established in 1935, serves as a crucial financial safety net for the elderly and individuals with disabilities. With around 66 million beneficiaries, representing 20 percent of the American population, Social Security remains a vital source of income for many. About 90 percent of those over 65 rely on these benefits, which typically make up about 30 percent of their total income. The Peter G. Peterson Foundation …

Income-generating JPMorgan Nasdaq Equity Premium Income ETF offers security and growth for retirement portfolio investors

NEW YORK, NY – When planning for retirement, investors seek opportunities that offer a balance of income generation and potential for growth with reduced volatility. One such investment option that caught the attention of many investors is the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). This exchange-traded fund aims to provide investors with a steady income stream while also offering the possibility of capital appreciation, making it an attractive addition to retirement portfolios. As investors …

Orange County Superintendent of Schools Al Mijares Announces Retirement Due to Cancer Diagnosis

Costa Mesa, California – Al Mijares, the superintendent of Orange County Department of Education, has announced his retirement after serving for 12 years. Mijares cited medical reasons and the advice of doctors for his decision. He had been on medical leave since August 2023 and recently revealed his diagnosis of cancer. Mijares, who took office in 2012 as Orange County’s superintendent, has been recognized for his commitment to student success and well-being throughout his career. …

Retirement Reality Check: Majority of American Workers Leave the Workforce Earlier than Expected, New Study Finds

Have you ever wondered about the retirement age expectations of American workers in Los Angeles, California? Many believe they will retire at the traditional age of 65. However, new research reveals a different reality, with the majority actually stepping back from work sooner than anticipated, often not by choice. According to recent findings from the Employee Benefit Research Institute, the median retirement age for Americans is 62, indicating that the typical worker is retiring three …

Compounding Interest: What Every Young Investor Needs to Know About Roth IRAs and Retirement Returns

Long Beach, California – Financial experts are emphasizing the importance of starting to invest early, particularly for young people who are saving for retirement. Renowned financial advisor Suze Orman highlighted the power of compound interest and the potential benefits of investing in a post-tax Roth IRA account. Meanwhile, David Blanchett, another expert, pointed out the significance of considering fluctuating returns and using more complex calculations to accurately reflect investment outcomes. Orman and Blanchett both advised …

Anchor Pam Huff Announces Retirement from ABC 33/40 News

Birmingham, Alabama – After nearly five decades in the journalism industry, esteemed anchor Pam Huff has made the decision to retire, marking the end of an era at ABC 33/40 News. Huff, a familiar face to viewers across Birmingham, will bid farewell on May 24, leaving behind a legacy of dedication and professionalism. In her heartfelt message to viewers, Huff reflected on her illustrious career, reminiscing about the moments she shared with the community and …

Retirement Anxiety Grows Among Older Americans due to Rising Expenses and Lack of Savings

Washington, DC – A recent survey conducted by AARP reveals that approximately one-quarter of adults over the age of 50 in the United States who have not yet retired express concerns about their ability to do so, with some even believing they may never retire. The survey also found that 70% of respondents are anxious about the possibility of prices increasing faster than their income. According to the AARP research released on Wednesday, 25% of …