Retire

A man ponders whether he can afford to retire at 62 with $2.5 million in a Roth IRA.Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age.…

© Reuters. By Maria Martinez BERLIN (Reuters) - At machine parts producer S&D Blech, the head of the grinding unit is retiring. With Germany's acute labour shortage leaving few candidates to take on the skilled but dirty and…

© Reuters. A crewman aboard an Australian Army MRH-90 helicopter leans out of the aircraft as it kicks up sand upon landing at Langham Beach during Talisman Saber joint military exercises between Australia and the United States in…

A couple looks over their retirement savings. A recent survey found that Americans believe they need $1.9 million saved by retirement.If $1 million was once the consensus target for retirement savings in the U.S., that appears to be…

SmartAsset: How much interest does $2 million pay per month?For older Americans, living off the benefits and returns of your retirement account is how retirement is structured. The goal is that by the time you reach your late 60s, you'll…