At least 156 people have at least $25 million in their Roth IRAs — each: Legislators are taking mega-IRAs seriously after ProPublica published its report on Peter Thiel’s Roth IRA amassing $5 billion.
When was the last time you had fun? It could be the key to the challenges of growing older: People are bound to change as they get older, but injecting a little fun into the mundane could help with the hurdles.
When to ‘set it and forget it’ — and when not: Americans shouldn’t check their retirement accounts obsessively, but they shouldn’t ‘forget’ about them either.
Also on MarketWatch:
What is true financial freedom?
5 investing lessons that could make your child wealthy
Some retirees are already planning their ‘revenge travel’
The latest Alzheimer’s risk? Coffee
I’m retiring on my 78th birthday, have more than $200,000 in savings and share expenses with my 80-year-old boyfriend. Will I be OK?
Do you feel like the clock is ticking and ‘it’s all downhill from here?’ You might be having a late-life crisis
Swimming might be the closest thing to a fountain of youth
More in retirement news:
Seniors squeezed: Tips to weather rising inflation, retirement costs (Fox Business)
Why retirement will soon be a thing of the past (Bloomberg)
Buy a cheaper house and car than you can afford in your 30s and you could retire early (USA Today)
Senate bill targets women’s retirement savings inequities (Chief Investment Officer)
11 money traps to avoid when retirement planning (Entrepreneur)
Research and Insight:
Retirement expectations, reality often don’t align (Spokane Journal of Business)
Why you should talk to your partner about money (TheStreet)
WV ranks 2nd in US for public pension fund investments, study finds (Charleston Gazette-Mail)
Pandemic changed retirement plans in two opposite ways, studies find (KKTV)
2.2 million workers left out of Medicaid (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
Shock: Rents rising three times as fast as ‘official’ inflation figures
Help seniors by simplifying Medicare’s complex system for deductibles and co-pays
Dogs on the road, in the air and in hotels: What to know before you pack your pet
We have $8 million saved for retirement, are in our early 50s and want to retire early, but are worried about healthcare expenses — what can we do?
The Senate’s new retirement proposal could get you more money in your 401(k)
Older people use dating apps more than ever. Here’s how to avoid scams and find true love