For many people, the goal at the end of their career is to retire completely debt-free. This means no more monthly loan payments, no interest charges and no worrying about late fees or the impact those balances might have on your credit score. Essentially, no more costs that will eat into your retirement savings. Up…
Baby boomers’ hopes of retiring comfortably could be at risk if stocks keep falling. Older Americans could be forced to delay retirement, resume working, or cut back on spending. Retirement gurus shared a range of strategies to preserve their nest eggs. Baby boomers’ dreams of a comfy retirement are in jeopardy as a flagging stock…
A Hong Kong retiree has been swindled out of more than HK$11 million (US$1.4 million) by fraudsters posing as police officers and technical support staff in the city’s biggest cyber scam case. In a post on its CyberDefender Facebook page, the force said the case came to light after the woman, 60, sought help from…
China has issued guidelines to encourage elderly people to volunteer in community services and help underdeveloped areas as the country grapples with a rapidly ageing population and shrinking workforce. The National Committee on Ageing has released a set of guidelines for the Silver Age Action initiative, introduced two decades ago to promote volunteer work by…