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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...
STARTING EARLY: Nick Loring, left, principal of Loring Advisory Group in Smithfield, speaks with client service associate Mike Primiani. Loring says the amount of financial advice available online allows millennials to take retirement seriously even though it’s more than three decades away. / PBN PHOTO/MIKE SKORSKI

Many millennials taking steps to have fat nest egg in retirement

How do millennials stack up when it comes to retirement savings as opposed to members of Generation X? According to a recent national survey, millennials...

Congress could ruin your 401(k)

Saving for retirement can be a perilous endeavor in the U.S., thanks in part to the Trump administration’s moves to weaken safeguards against unscrupulous...
RHODE ISLAND ranked as the No. 27 best state to retire by Bankrate.com this week. / BLOOMBERG NEWS FILE PHOTO/MICHELE LIMINIA

R.I. ranks No. 27 in best and worst states for retirement...

PROVIDENCE – Rhode Island ranked as the No. 27 best state for retirement by BankRate.com on Wednesday. The report considered 11 metrics related to affordability,...
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