Retired From G.M. at 54. Pensionless at 74?
G.M. has offered early retirement to tens of thousands of workers, raising questions about the fund’s viability.
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G.M. has offered early retirement to tens of thousands of workers, raising questions about the fund’s viability.
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G.M. has offered early retirement to tens of thousands of workers, raising questions about the fund’s viability.
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General Motors offered tens of thousands of workers early retirement in its rush to downsize, raising questions about the long-term strength of its pension plan.
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Though target-date funds have been criticized recently, the concept is still valid for some investors. The key is finding the right fit.
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Though target-date funds have been criticized recently, the concept is still valid for some investors. The key is finding the right fit.
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The AARP saving cash by cutting the match to its 401(k) plan is akin to the Teamsters hiring nonunion labor.
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For the AARP to save cash by cutting the match to its 401(k) retirement plan is like the Teamsters hiring nonunion labor.
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Until recently, altering the retirement age had been taboo for a government wary of stirring up unions irked by job losses and moves to introduce market discipline into state structures.
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Once promoted as a safe way for unsophisticated investors to glide to a safe landing in retirement, target-date mutual funds are being criticized for heavy losses.
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Once promoted as a safe way for unsophisticated investors to glide to a safe landing in retirement, target-date mutual funds are being criticized for heavy losses.
Read more.
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