One son couldn’t prevent his father from giving about $1 million in savings to con artists, including one posing as a female wrestling star. The two became estranged.
Category: Retirement
Why Boeing Workers Rejected a New Contract: Retirement Benefits
A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.
How to Avoid Online Scams and What to Do if You Become a Victim
Here are tips on how to dodge some of the most devastating schemes and what to do if you or someone you care about becomes ensnared.
Scammers Are Targeting Older Americans and Their Retirement Savings
Criminals on the internet are increasingly going after Americans over the age of 60 because they are viewed as having the largest piles of savings.
How to Create a Strong Financial Plan When You’re Renting Forever
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.
G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.
Rupert Murdoch’s Retirement Raises the Curtain on His Next Act
The media mogul has stepped back from the forefront of his empire, but there’s likely more to come — like a step to cement power for his son Lachlan.
Rupert Murdoch to Retire From Fox and News Corporation Boards
The move leaves his son Lachlan as the sole executive in charge of the global media empire.
Retirees Are One Reason the Fed Has Given Up on a Big Worker Rebound
Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.