Traditional Archives - DR News - News, Retirement, Finance

Medical Practices Innovate to Bridge Traditional Care Gaps Without Insurance

Marquette, Michigan – In the current landscape of healthcare, private pay medical practices are stepping in to address the gaps left by traditional care and insurance. These practices are offering a unique approach to healthcare delivery that focuses on personalized care and convenience for patients. As the cost of healthcare continues to rise and insurance coverage becomes more complex, many individuals are turning to private pay practices for their medical needs. These practices often offer …

Retirement Rethink: BlackRock CEO Larry Fink Challenges Traditional Age Norms

New York, NY – BlackRock CEO Larry Fink is challenging conventional ideas about retirement in the United States. In his recent annual letter to investors, Fink questioned the outdated notion of the retirement age being set at 65, a standard established during the time of the Ottoman Empire. He highlighted how advancements in healthcare and increased life expectancy have shifted the demographics of retirement, leading to longer periods of retirement and a strain on social …

Pension vs. 401(k): Survey Reveals Majority of Americans Prefer Traditional Pension for Retirement Security

Dallas, Texas – A recent survey has shed light on the American perspective when it comes to retirement planning, with many favoring traditional pensions over modern 401(k) plans. Despite this preference, the prevalence of pensions has significantly decreased over the past few decades, leading to a shift towards 401(k)s and IRAs as primary retirement savings tools for most Americans. Between 1975 and 2019, the number of individuals actively participating in private-sector pension plans dropped significantly, …

Retirement: Divisive Commentator Brands Traditional Model a “Stupid Idea”

Los Angeles, CA – Controversy ignited following remarks made by conservative political commentator Ben Shapiro on the concept of retirement during a recent episode of his “Daily Wire” podcast. Shapiro, known for his divisive rhetoric and vast media empire, dismissed retirement as a “stupid idea,” sparking debate on social media platforms. Shapiro’s critique of the traditional retirement model, particularly the retirement age of 65 in the United States, drew backlash from many who viewed his …

IBM’s Revolutionary Retirement Benefit Plan Puts Traditional Pensions Back in the Spotlight, Leaving Industry Abuzz

ARMONK, New York (AP) – IBM has caused a stir in the retirement industry with its recent decision to replace its 401(k) match with a “retirement benefit account,” reminiscent of a pension plan. This move has caught the attention of experts and industry insiders, prompting discussions about the implications for both employees and employers. The tech giant’s new retirement benefit account will allow employees to contribute to a plan that guarantees a steady income stream …