Retirement | featured news

Kim Clijsters hit her last shot as a pro tennis player into the net. Doubtful anyone will remember that, though. Smiling right until the end in front of 2,800 buzzing fans on Court 17 at Flushing Meadows, Clijsters officially made her way into retirement Saturday night.

Andy Roddick, the top American man for the last decade, and the last American man to win a Grand Slam event, will retire from tennis after the US Open. Roddick made the announcement in a news conference Thursday.

Egyptian President Mohamed Morsi on Sunday purged the nation's military leadership in a provocative move to expand his power and push aside generals who epitomized the inner circle of deposed leader Hosni Mubarak.

British actor Bob Hoskins says he is retiring after being diagnosed with Parkinson's disease. In a statement released Wednesday through his agent, the 69-year-old performer thanked his fans and said he had had a "wonderful career." The statement said Hoskins was diagnosed with the degenerative nerve condition last fall.

It's often said that early retirement lengthens your life, but is it true? And do some professions have a shorter life expectancy? If a statistical claim is repeated often enough it can become accepted as a universal truth, even if it has no basis in fact. There's the suggestion that 93% of communication is non-verbal (not true) or the oft-repeated suggestion that there are more people alive today than have ever lived (not true either).

A two-income American family with an average income that dutifully invests in a 401(k) plan using typical strategies will lose $155,000 – or about 30 percent of what they should have saved for retirement -- to Wall Street fees, according to a study by an economic justice advocacy organization.

Filmmaker George Lucas on Friday named veteran producer Kathleen Kennedy as his co-chair and successor at the iconic film studio he founded four decades ago. Kennedy and Lucas will serve as board co-chairs at Lucasfilm Ltd. as the "Star Wars" creator moves forward with his retirement plans.

Former world number one Kim Clijsters says she will retire after attempting to win a fourth US Open title in September.

The court unanimously dismissed an appeal by a solicitor who was told to retire by a law firm just after his 65th birthday. Leslie Seldon, a partner at the firm, wanted to continue working, but his request was turned down.

Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians' reluctance to take painful action to fix the huge retirement and disability program.