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Retirement

Middle-class Gen Xers are facing a new retirement challenge: their student loans

Thu, 05/30/2024 - 05:58

Tech Insider : Economy, Economy

A man frowning at his computer. — FG Trade/Getty Images

economy, economy, Retirement, student-loan, student-loans, student-loan-relief, student-loan-debt

A millennial who had a mini-retirement at 38 shares her strategies for achieving financial independence — and why she wants to return to the workforce

Wed, 05/29/2024 - 06:03

Tech Insider : Economy

Sabina Horrocks with her husband and kid — Sabina Horrocks is looking to return to work after taking three years off to care for her daughter.
Sabina Horrocks

economy, finance, fire, financial-independence, financial-independence-retire-early, Retirement, retire-early

The generation that may never retire: Why some millennials are behind on savings — and how they can catch up

Wed, 05/29/2024 - 04:56

Tech Insider : Economy, Economy

Magician holding wand over a hat, with a calculator displaying '$1,000,000' surrounded by sparkles and coins falling — Getty Images;Alyssa Powell/BI

A few years ago, Nathaniel Hudson-Hartman, 38, calculated that he'd need about $1.5 million in savings to retire comfortably in his sixties.

economy, finance, economy, Retirement, Millennials, Vanguard, Fidelity

I'm a boomer who's about to retire at 59. I'm nervous about retirement because I'll have less income and too much free time.

Mon, 05/27/2024 - 07:14

Tech Insider

a woman standing at the end of a dock, looking out — The author, not pictured, is retiring early at 59.
Alistair Berg/Getty Images

Careers, Essay, psychology-freelance, life-success, Retirement, early-retirement, Boomers

I was laid off at 57. I've been rejected from hundreds of jobs — even after knocking $50K off my salary expectations.

Sat, 05/25/2024 - 05:00

Tech Insider

A computer on a desk — Donna Kopman said she experienced ageism in her job search.
iStock

Careers, Retirement, job-search, lay-off, contributor-2024, as-told-to

Meet the wealthy millennials who want FI, but not RE

Fri, 05/24/2024 - 09:19

Tech Insider : Economy

Shelly October, Gabriela Ariza, Oz Chen — Shelly October, Gabriela Ariza, and Oz Chen are all set to achieve financial independence in the next few years but don't want to retire early.
Shelly October, Gabriela Ariza, Oz Chen

economy, finance, financial-independence, financial-independence-retire-early, 9-to-5, Retirement, 401k-account

Millennials have a fresh take on the FIRE movement, and it's less about taking it easy in retirement

Sat, 05/18/2024 - 04:46

Tech Insider : Economy

Illustration of a man distracted at work on a gold course. — Andrea Chronopoulos for BI

economy, finance, Millennials, Retirement, freelance-illustration, fire, financial-independence

Meet a couple with 5 kids who are barely making it despite working 4 jobs: 'It shocks me that $100k feels like poverty'

Thu, 05/16/2024 - 09:33

Tech Insider : Economy

April Schultz and her husband — April Schultz and her husband make about $130,000 a year but barely have money for savings.
April Schultz

economy, finance, alice, millennial, Retirement, social-security, Moving

A 63-year-old working 2 jobs is worried about retirement. She says she's been overeducated and underpaid her entire career.

Wed, 05/15/2024 - 10:57

Tech Insider : Economy

A hand puts coins into a jar labeled — Cathy said she's nervous about retirement even though she's worked her whole life and has a master's degree.
Pinkomelet/Getty Images

economy, finance, Retirement, peak-boomer, boomer, masters-degree, Minnesota

15 cities where retirees are moving — most are in the South

Wed, 05/15/2024 - 05:59

Tech Insider : Economy

Mesa, Arizona — Mesa, Arizona, had the highest net influx of retirees.
Shutterstock

Real Estate, economy, Retirement, Moving, cost-of-living, Arizona, Texas

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