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Retirement Age

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  1. Caterpillar gives new responsibilities to three execs

    Headlines

    Fri, 10 Oct 2014

    61-year-old CEO. A source said to be familiar with the board’s thinking tells WSJ it is premature to handicap the race to succeed Oberhelman, who has four years before reaching the company’s retirement age for officers. Post your comment!

  2. Make the Right Decision on Your Social Security Start Date

    Video Reports

    Thu, 9 Oct 2014

    you filed at 62 or at your full retirement age or at 70. So, that's useful ..... input what your benefit is at full retirement age . So, you need that number anyway ..... So, you've mentioned full retirement age a couple of times. You say another

    Retirement Age found at 3:09, 3:59, 6:25

    benefit would be if you filed at 62 or at your full retirement age or at 70. So, that's useful. Then, the other thing that's good to do with that statement is to take a look
    go get that statement and input what your benefit is at full retirement age . So, you need that number anyway. Benz: So, you've mentioned full retirement age a couple of times. You say another key thing that people should know is what that means. And it's a moving target, right? Depending on your age? Miller: It's a moving target because of the reforms of Social Security in 1983, which are gradually moving the full retirement age from 65 to 67. So, it's a moving target just because it's gradually moving. For people retiring right now, it's 66 and change. But the thing to know about full retirement age is this: The benefit is calculated around something called the primary insurance amount, which is just Social Security's formula for figuring this out. And so, when people talk about optimizing your benefits, this is what it means: that if you file at your full retirement age , you get 100% of the PIA, the primary insurance amount. If you were to file at 62, the first time you are
    history in their family--it's generally beneficial to wait at least to full retirement age . Now, a lot of people interpret that to mean, "Well, I have to wait till 70." And I always say, "No. Seventy
  3. What Should Your Portfolio Look Like in Retirement?

    Video Reports

    Tue, 7 Oct 2014

    be here. Stipp: I think there is a natural inclination for retirees when they approach retirement or they reach retirement age to want to batten down the hatches and become very conservative in their portfolios. But you say there are lots of

    Retirement Age found at 0:23

    a natural inclination for retirees when they approach retirement or they reach retirement age to want to batten down the hatches and become very conservative in their portfolios. But you say there are lots of virtues
  4. Lowering Our Allianz Fair Value

    Headlines

    Mon, 6 Oct 2014

    Baete as the company's next CEO to succeed Michael Diekmann, who is scheduled to retire in 2015 when he reaches the retirement age of 60. Baete, a former McKinsey executive who led the European insurance and asset management practice, joined

  5. ERISA at 40: Feats, Faults and Fixes

    Headlines

    Thu, 2 Oct 2014

    Reconciliation Act stopped employers from limiting participation in their retirement plans for new employees approaching retirement age . The Omnibus Budget Reconciliation Act of 1989 added provisions that allow the secretary of labor to assess a civil

  6. Allianz CEO stepping down in May

    Headlines

    Thu, 2 Oct 2014

    unit last week. Diekmann's management contract expires in December, and he'll be past the traditional company retirement age of 60, but the board no doubt wants to keep him around a little bit longer to try and smooth the waters after the

  7. 6 Success Factors for Retirement

    Headlines

    Sun, 28 Sep 2014

    better off delaying benefits for as long as you can, because benefits increase for every year you wait from your full retirement age until age 70. Keeping those rules of thumb in mind is a great first step toward getting your Social Security plan

  8. Senior Housing Properties Trust: It's Fallen, Can It Get Back Up?

    Headlines

    Thu, 25 Sep 2014

    managers has made investments in senior housing in anticipation of an increase in demand. The first baby boomers entered retirement age just a few years ago and even though people in general are living healthier lives for longer, traveling more and

  9. Wall Street Breakfast

    Headlines

    Thu, 25 Sep 2014

    was about 18 months ago that Xi named Zhou to a third term running the PBOC despite his having passed the official retirement age . Zhou, however, has been a big proponent of market-oriented reforms, including the liberalizing of interest

  10. Beijing reportedly mulling replacing PBOC chief

    Headlines

    Wed, 24 Sep 2014

    economic reforms are debated. Zhou was named to a 3rd term by Xi in March 2013 despite his having passed the official retirement age of 65. Zhou has been a big proponent of market reforms, including liberalizing interest rates, a stance some in

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