Retirement Trends

Researchers concluded that in many industries, individuals will retire at 61 despite theories suggesting otherwise.

Stocks fell on Friday as investors focused on the risk that the U.S. government could shut down next week.

The federal fingerprint in efforts to fix Detroit is growing larger as the Obama administration has found millions of dollars in grant money to help the bankrupt city hire more police and firefighters, and clear out blighted neighborhoods.

More than 42 percent of the surveyed group had a post-65 to pre-65 income ratio of 80 percent or greater.

As a growing number of employers move retirees to private exchanges, concerns grow about cuts to benefits and rising costs for those on fixed incomes.

The financial risk faced by the government agency that insures private pension funds is substantially understated because its forecast model is outdated.