Retirement | featured news

Chris Borland, 24, of the San Francisco 49ers walks away from big money "to do what's best for my health." Studies suggest that the hard knocks of football can lead to debilitating head injuries.

New York Knicks forward Rasheed Wallace has retired again from the NBA after he was unable to recover from a left foot injury....

Barbara Walters plans to retire next year, ending a television career that began more than a half century ago and made her a trailblazer in news and daytime TV....

Cuban President Raul Castro today unexpectedly raised the possibility of leaving his post, saying he is old and has a right to retire. But he did not say when he might do so or if such a move was imminent.

Ray Lewis spent 17 seasons instilling fear in his opponents while serving as an inspirational leader for the Baltimore Ravens.

Ray Lewis' 17-year career in the NFL looks like it's finally coming to an end. The 37-year-old linebacker told teammates "this will be my last ride," according to the team's official Twitter account.

Chipmaker Intel just announced that CEO Paul Otellini, who has been on the job for eight years, will be retiring in May. People are going to wonder if Intel’s board is forcing Otellini out. They’ll point to Intel’s mandatory retirement age of 65. Otellini is only 62, and his predecessor Craig Barrett retired from the CEO job at 65 or 66. But apparently there’s no hard-and-fast rule at Intel. The legendary Andy Grove, the company’s third employee, served as its CEO from 1987 until 1997, retiring closer to age 61.

As they struggle to save for retirement, a growing number of middle-class Americans plan to postpone their golden years until they are in their 80's. Nearly one-third, or 30%, now plan to work until they are 80 or older -- up from 25% a year ago, according to a Wells Fargo survey of 1,000 adults with income less than $100,000. "It is so tough for Americans to save for retirement that the answer seems to be to work longer," said Joe Ready, director of Wells Fargo Institutional Retirement and Trust.

Social Security retirement benefits for nearly 62 million Americans will go up 1.7 percent next year, the Social Security Administration said on Tuesday, a small increase that may not cover rising premiums for the Medicare elderly health insurance program.

Always a fan favorite at the United States Open, and the 2003 champion, Andy Roddick headed into retirement with a 6-7 (1), 7-6 (4), 6-2, 6-4 loss to Juan Martin del Potro... More than an hour after hitting one last shot as a professional tennis player, then delivering one last, voice-wavering speech to an adoring U.S. Open audience, Andy Roddick exited the locker room one last time.