Retirement

Everyone, sometime or another, dreams of quitting. For millions, the fantasy is real. More than 4.5 million Americans voluntarily left their jobs in November alone — the highest one-month total on record. Much of the turnover has been in hospitality, retail and other lower-wage jobs that have been particularly challenging during the pandemic. But the
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As life spans grow, a small subspecialty of financial planners address multiple stages of old age. When Cynthia Hutchins started her career as a financial planner in the 1980s, the concept of “retirement” was simple and straightforward. Most of her clients envisioned a few years of leisure after their full-time careers ended, with a pension,
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Pinterest pledged $50 million to overhaul its corporate culture and promote diversity as part of an agreement to resolve allegations that it discriminated against women and people of color, according to court documents and statements from the plaintiffs and the company. The settlement was announced on Wednesday by Seth Magaziner, the general treasurer of Rhode
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As an aspiring entrepreneur, you may have a good idea, but tread lightly before using retirement savings as capital. Renee Edwards has wanted to be her own boss since she first heard the name Warren Buffett. “I’ve been following him for a long time,” she said of the Berkshire Hathaway chief executive and revered investor.
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The problem of decumulation is a tricky one, even for Nobel Prize-winning economists. I’ve been asking readers to suggest ideas, and I got this one last week from Jerry Moskowitz of Croton-on-Hudson, N.Y.: “I teach a class for seniors called Keeping Current in Economics and Finance. An interesting subject may be decumulation — how to
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