aarp.orgState Pension Systems Have Large Funding GapsThe annual report from the Pew Charitable Trusts finds that public-worker pension funds with heavy state-government involvement owed retirees and current workers $4 trillion as of 2016. They had about $2.6 trillion in assets, creating a gap of about one-third, or a record $1.4 trillion.
aarp.orgHalf of Older Americans Fail Social Security QuizAlmost half of people over 50 who took a true-false quiz on Social Security basics failed it. "There's improvement, but the scores are still alarming," Mike Fanning, head of MassMutual U.S., said in a statement. "Thousands of dollars could be left on the table at a time when it really counts."
usatoday.comFollow this plan if you want to retire on your scheduleWhat does early retirement mean to you? Is it leaving the workforce at 60? 50? In your 40s? No matter what period of life sounds ideal, you can retire when you want to, even if that means doing so well ahead of your peers. Just follow this path.
usatoday.comAsk a Fool: How much can I borrow from my retirement accounts?I'm generally opposed to using 401(k) loans unless there's a good financial reason to do so and you don't have any other types of low-interest borrowing available, such as a 0% APR balance transfer or a personal loan with comparable interest.