Retirement

As one of the longest-living yet lowest-earning groups in America, Hispanic women have challenges ensuring that their later years are secure. But things are changing. Before Lupita Uribe married in 2020, she told her husband-to-be that a wedding wasn’t in her future unless he was OK with two promises she had made herself. One: She

The I.R.S. announced one of its largest increases in decades to caps on retirement contributions, allowing workers with access to the plans to save more. Americans saving for retirement through a 401(k) account will be able to increase their maximum contributions of pretax wages into it by almost 10 percent in 2023, thanks to a

Al ser uno de los grupos más longevos pero con los ingresos más bajos en el país, las mujeres hispanas enfrentan grandes desafíos para garantizar sus últimos años. Sin embargo, las cosas están cambiando. Antes de que Lupita Uribe se casara en 2020, le dijo a su futuro esposo que una boda no estaba en

In the final week of its emergency bond-buying program, the central bank is expanding its efforts to restore bond market function. LONDON — The Bank of England stepped up its intervention in Britain’s bond market on Tuesday, the second expansion of its emergency measures in two days, as it warned of a “material risk” to

Social Security, the monthly benefit paid to retirees, disabled people and survivors of beneficiaries, includes an annual cost of living increase that is announced every fall. It helps seniors try to keep pace with the price increases that touch every part of the economy. The adjustment for 2023, of 8.7 percent, was announced on Thursday.

Most Americans finance their retirement with a certain amount of faith: Investing will help their savings keep pace with inflation, institutions will continue to work as they always have, it will all work out in the end. It’s challenging to maintain that optimism in moments like these, when it seems just about everything is at

Women break into their savings to cover all kinds of expenses: home down payments, repairs, medical bills. That can hurt them years later. Vickie Elisa was already playing catch-up with her retirement fund when she withdrew $17,000 to fix a plumbing disaster in her Atlanta-area home. The bleeding from that Roth individual retirement account had

And a SoftBank-backed start up that wants to save your 401(k). Ready to act.Daniel Roland Europe finally takes on inflation The European Central Bank increased its benchmark interest rates today for the first time in a decade, as inflation surges across countries that use the euro. The bank’s benchmark interest rates, before the increase, had

A new report finds that I.R.A.s may charge seemingly modest higher fees than workplace retirement accounts. But over time, the difference can add up to tens of thousands of dollars. Americans who are moving money from a workplace retirement plan to an individual retirement account may be tripped up by seemingly modest increases in fees

A bear market can be great for your future wealth, if you use broad, low-cost funds to buy stocks and bonds steadily for decades, our columnist says. I wouldn’t wish this bear market on anyone. A lot of people have been losing a lot of money — not just billionaires, but ordinary working people who

You can’t leave money in your I.R.A. forever, as dictated by I.R.S. rules. This can put retired investors in a tough spot. Financial planners warn investors against trying to time the market. It is notoriously difficult to guess exactly when sentiment on Wall Street will reverse course — even professionals are likely to get it

Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage — for you and the economy. The S&P 500 on Monday dropped into its second bear market of the pandemic, crossing a symbolic and worrisome threshold as stocks plunge following a meteoric rise over the