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Survey: Pandemic sped up retirement, succession plans for wealthy business owners

PROVIDENCE – The pandemic sped up retirement or sales plans among high net worth business owners, according to a new study by Clarfeld |...

Fidelity: Record retirement balances continue in Q2

PROVIDENCE – Workers continue to sock away money for retirement at record levels, with account balances reaching a new high for the third consecutive...

Bankrate: R.I. ranks No. 20 best state for retirement

PROVIDENCE – Rhode Island ranked No. 20 among the best states to retire, according to a new report by Bankrate. The consumer finance website’s 2021...

Fidelity: Retirement health care costs hit record high

PROVIDENCE – Health care in retirement is more expensive than ever, according to Fidelity Investments Inc.’s annual Retiree Health Care Cost Estimate published on...
SEMI-RETIREMENT ADVISER: Donna Sowa Allard, vice president of Sowa Financial Group Inc., says many of her clients have prepped for retirement but are unwilling to leave the workforce entirely. / PBN PHOTO/MICHAEL SALERNO

More older workers are unwilling to make hasty exit

Retirement is no longer an endpoint for many employees but a turning point into a new phase of work. Some people continue to work for...
MOVING ON: David Bauerle, chief clerk for University of Rhode Island’s housing and residential life program, has decided to take an early-retirement incentive, in part because of changes to his workplace brought about by the COVID-19 pandemic. / PBN PHOTO/ELIZABETH GRAHAM

Some decisions to retire triggered by COVID-19

After 36 years of arranging and rearranging student dorm assignments at the University of Rhode Island, David Bauerle was contemplating retirement. Bauerle, chief clerk for...
GOV. GINA M. RAIMONDO RECEIVED a 41 percent approval rating in Morning Consult's third quarter governor approval rankings. / PBN FILE PHOTO/ MICHAEL SALERNO

Should layoffs and furloughs of state workers be part of the...

Gov. Gina M. Raimondo has so far resisted calls for layoffs of state employees amid the pandemic-induced economic crisis and has sought only limited...

Retirement interrupted?

1. Has the COVID-19 pandemic disrupted tax and retirement planning for your business? No: 63% Yes: 38% 2. What measures did you take to address the disruption?...

How to nudge workers to save more for retirement

For U.S. workers covered by 401(k) plans, every January offers a new opportunity to change how much they save for retirement. So this is...
James Worrell

Poor management sparks company retirement plan lawsuits

While today’s economy appears strong following years of a rising stock market and solid gains by bonds, economists’ predictions of a recession could lead...

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