retirees

Are you among the top 3% of retirees? Here's the shockingly low amount you need to save to rank among the richest people When it comes to retirement savings, we all hear about the elusive “top 3%.” But how long does it take to get…

Westend61/Getty ImagesStellar stock-market returns have boosted Americans' retirement account balances.The number of 401(k) millionaires is up and average account balances are the highest in two years.Sources caution anyone thinking about…

ebri healthcare studyFor the average American, healthcare in retirement will cost more than they have in their entire savings account.And unfortunately, Medicare won't help.Healthcare, of course, is the single biggest line item that most…

Market News Retirees fail to claim Sh166 million benefits from NSSF Tuesday August 22 2023 Auditor General Nancy Gathungu on March 10, 2023. PHOTO | WACHIRA MWANGI | NMG Retirees failed to claim Sh166.83 million in benefits due…

Retirees who limit retirement account withdrawals to RMDs may be making a mistake, according to JPMorgan Chase.Although pensioners are only required to take a certain portion of retirement savings of dividends each year, Study from JPMorgan…

Economy State salaries for retirees are cut by Sh36 billion amid a liquidity crisis Monday 08 May 2023 Exchequer payments to retired civil servants fell by more than a third, or 36.9 billion shillings, in the nine months to…

The insurer claimed that the availability of flexible work would keep 34 percent of those over 50 in the workforce longer — and another 28 percent could be lured out of retirement if they simply had the option to work from home. Despite…