Tag: retirement
A few more jobs reports like February’s might put a dent in the nation’s still-high unemployment rate. The Bureau of Labor Statistics said U.S. employment surged by 236,000 last month, nudging the jobless rate down to 7.7 percent. But a summary of unemployment rates for various age groups, recently published online by the Urban Institute,…
More than half of baby boomers and Generation Xers do not realize how much they are likely to pay out of their own pockets for medical bills after they retire. Many “were seriously underestimating the amount of savings they would need to accumulate in order to cover health in retirement,” according to what may b…
