Stock market slump unsettling Americans eying retirement
A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s.
A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s.
In some cases, workers say rising costs—and the inability to keep up while on a fixed income—are factoring heavily into their decisions.
A graduate of Indianapolis Cathedral High School and a former ball boy for the Indiana Pacers, Doyle played all 131 games of his nine-year career with his hometown football team.
Lisa Schlehuber has served as CEO of Indianapolis-based Elements Financial since 2005. She’ll retire from the role in April, the credit union announced Wednesday.
Host Mason King and the folks in the Midtown Parents Facebook Group in Indianapolis have a lot of questions about money—specifically how they should be saving it for retirement and college.
President and CEO Ron Collier has managed 33 mergers and acquisitions at Indiana Members Credit Union since 1985.
Joe Raver, Hillenbrand Inc.’s president and CEO since 2013, will be succeeded by Kimberly Ryan, who has been with the company for more than 30 years.
A former labor relations manager for Thomson Consumer Electronics and chief negotiator for Gov. Evan Bayh’s administration, Jennifer Vigran joined the hunger-relief group as a volunteer in 2001. By 2010, she had become CEO.
Of the city-county’s workforce of about 7,000 employees, 724 are eligible for the early-retirement program.
Mike Rechin, who has served as the bank’s president and CEO since 2007, plans to retire at the end of the year. His departure will trigger several promotions among the bank’s other executives.
The owner, who has operated toy stores for more than 40 years, said she closed the shop so she could retire.
The 45-year-old Kanaan, who won the 2013 Indy 500, is another casualty of a poor driver market in which veterans are being squeezed out of their seats by drivers with little to no IndyCar experience.
The bill, which President Trump is expected to sign, is widely considered the biggest piece of retirement legislation since the Pension Protection Act of 2006.
The Kentucky Republican introduced federal legislation late Monday that would allow students to dip into retirement accounts to help pay for college or make monthly debt payments.
Bryan Roach, chief of the Indianapolis Metropolitan Police Department since January 2017, plans to retire at the end of the year, Mayor Joe Hogsett announced Friday morning.
In his first public comments since leaving the stadium Sunday, the NFL’s career scoring leader explained he misspoke when saying he would answer questions on the players’ normal day off—a comment that drove speculation about Vinatieri’s possible NFL exit.
When asked how financially comfortable they feel about retirement, only 14% of Americans under the age of 50 and 29% over 50 say they feel extremely or very prepared, according to the poll.
The U.S. Supreme Court agreed to consider giving workers who participate in pension plans more ability to sue when they believe the money is being mismanaged.
Almost all American retirees claim Social Security at the wrong time, a new report estimates, which means they will miss out on a collective $3.4 trillion in benefits before they die.
The U.S. Supreme Court agreed to use an appeal by Intel Corp. to consider tightening the deadlines for lawsuits over the investments made by worker retirement plans.