Tag: retirement
The baby boom generation is continuing to work its way up the age ladder. The number of Americans over 80 will more than double to nearly 18 million over the next two decades. And that’s partly because baby boomers are healthier and are living longer – they are also enjoying more of their retirement years…
Workers are apparently very eager to get their hands on the money in their retirement savings plans. The evidence is the spike in withdrawals from IRA accounts that occurs soon after people turn 59½, the age at which the IRS’ 10 percent penalty on early withdrawals vanishes and is no longer a deterrent, according to…
