retirement

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Retire Later, Delay Alzheimer's: Study

Work keeps brain alert, cells connected

(Newser) - It may be a bitter pill to swallow, but delaying retirement is one way to stave off Alzheimer's, a new study has found. Each extra year of work amounted to a six-week delay in the condition's development among patients studied. Alzheimer's is caused by brain cell loss, and the mental...

Cash-Strapped Adults Back Home With Prickly Parents

Experts advise on how to avoid resentment when kids have to return to the nest

(Newser) - Tempers are fraying in households across America as tough times force a growing number of adults to move back in with their parents, the New York Times reports. The move is difficult for both sides, experts say, as the offspring chafe at new restrictions and struggle with feelings of failure,...

José Carreras Retires From Opera

62-year-old's departure leaves one of Three Tenors

(Newser) - Unable to perform at the level he considers acceptable, José Carreras will retire from opera, the least prominent of the Three Tenors tells the Times of London. Unamplified lead roles in opera houses are more than the 62-year-old Spaniard can handle, he said. “If I can do concert recitals,...

Sentimental Souter: 'Just Give Them My Love'

(Newser) - Supreme Court Justice David Souter thinks the worth of a jurist is “not in the great moments, but in being part of the great stream,” he said in an emotional farewell today to appeals-court judges. Souter said he didn’t intend that news of his retirement be leaked...

Obama Hopes to Replace Souter by Oct.

(Newser) - President Obama said today he will replace retiring Supreme Court Justice David Souter with someone who shares the president's respect for "constitutional values" and hopes to have "him or her" seated by the start of the next term in October. In a dramatic flourish, Obama interrupted White House...

Favre and the Rumor That Just Won't Die
Favre and
the Rumor That Just Won't Die
ANALYSIS

Favre and the Rumor That Just Won't Die

Vikings obvious next stop for retired 'at this time' QB

(Newser) - The fact that Brett Favre left the door ajar, if only slightly, has sportswriters in at least two cities salivating over where the “at this time, I am retired” quarterback will land next season. And speculation is Minnesota, where, Judd Zalgad of the Minneapolis Star Tribune points out, the...

NBA's Statesman Mutombo Retires

(Newser) - Dikembe Mutombo officially called it quits today after an 18-year NBA career. "I had a wonderful, wonderful ride," said the eight-time All-Star, injured in Tuesday's game. Tomorrow, fittingly, he receives yet another award for humanitarian service. The 42-year-old has long been involved in efforts for his native Congo,...

Shell-Shocked Investors Turn to Annuities

Insurance-like vehicles quickly growing more popular

(Newser) - Most financial advisers aren’t big fans of annuities. They don’t offer the prospect of outsized gains, can’t be easily withdrawn from, and often include loads of fees and traps. But now droves of investors, rattled by the stock market’s crash, have turned to the insurance-like vehicles,...

With Madden Exit, Less BOOM! in NFL
 With Madden 
 Exit, Less 
 BOOM! in NFL 
OPINION

With Madden Exit, Less BOOM! in NFL

(Newser) - John Madden’s outsize presence in the world of football will be hard to fill, Alex Marvez writes for Fox Sports. Personality aside, the Hall of Fame coach—who announced his retirement today—was meticulous about preparing for his TV commentary. “Madden made football fun for the casual fan...

De La Hoya Hangs Up Gloves
 De La Hoya Hangs Up Gloves 

De La Hoya Hangs Up Gloves

(Newser) - Boxer Oscar De La Hoya called it quits today after an electrifying career, the Los Angeles Times reports. “Knowing that you’re never going to compete again is a tough decision,” said De La Hoya, 36, who earned the nickname “Golden Boy” in a victorious 1992 Olympics...

Bush's Simpler New Life Has No Talk of 'L Word' (Legacy)

He moves firmly among the 33% who supported him

(Newser) - President Bush began his new life in an "insulated bubble" the day he left Washington toting a plane of teary-eyed friends watching a rosy video tribute on the Bush era. Low approval ratings? Bah. "He lives squarely in the remaining 33%" who supported him, writes Washington Post's Eli...

Pope May Reshape US Church as Bishops Age Out

Many bishops nearing retirement as church faces big changes

(Newser) - With many bishops nearing the age of required retirement, the Vatican has a chance to reinvent the US Catholic Church, moving beyond church sex scandals and adapting to a growing immigrant presence, reports the Los Angeles Times. Almost a third of 265 current US bishops must step down in the...

Ousted GM Boss Gets $20M Retirement Payout

(Newser) - If Rick Wagoner is upset about being forced out of his job as GM’s CEO, his $20 million retirement package should provide some consolation, ABC News reports. Though Treasury rules prevent Wagoner from collecting severance pay, the ousted exec is still eligible for an “Executive Retirement Plan” and...

Barbara Walters Calling It Quits, Friends Say

Veteran is 'burned out,' doesn't want to extend ABC deal past summer

(Newser) - Barbara Walters intends to retire when her contract is up this summer, sources tell the National Enquirer. Though ABC would apparently like to keep the veteran interviewer, Walters, 79, is “burned out,” and wants to spend more time with her boyfriend. “I don’t want to be...

ABC's Donaldson to Retire Next Week

Bellowing newscaster is 'sweetheart underneath'

(Newser) - Sam Donaldson is calling it quits after a 41-year career distinguished by a booming voice and tough demeanor, Howard Kurtz reports in the Washington Post. “I guess it’ll be on my tombstone,” Donaldson muses. “He yelled at Ronald Reagan.” Donaldson became famous for shouting questions...

Favre Will Retire&mdash;Again
 Favre Will Retire—Again 

Favre Will Retire—Again

(Newser) - Brett Favre has quietly instructed his agent to tell the Jets that he plans to retire, ESPN reports. After last year's tearful train wreck, Favre is skipping the farewell press conference, but he did send an email saying he has no regrets. “My time with the Jets was short,...

Colts Coach Dungy Calls It Quits

(Newser) - Tony Dungy bid an emotional farewell to football today as the Indianapolis Colts head coach announced his retirement, the Indianapolis Star reports. “I’ve been tremendously blessed,’’ said Dungy, 53. "It’s been fantastic.” The first black coach to win a Super Bowl, Dungy owns...

Ohio Sen. Voinovich Won't Run in 2010

Empty GOP seat would give Dems chance to pad majority

(Newser) - Two-term GOP Sen. George Voinovich will retire in 2010 rather than seek reelection, the AP reports, raising Democrats’ hopes to snag an additional seat in the battleground state of Ohio. Voinovich's announcement, expected today, comes as two other Republican senators in swing states have said they won't run again. Just...

GOP Stalwart Bond Will Leave Senate After 2010

Open Missouri seat sure to invite a contest

(Newser) - The GOP just can’t catch a break. Kit Bond, another senior Republican senator from a swing state, announced his retirement today, Politico reports. Bond joins Florida’s Mel Martinez, Kansas’ Sam Brownback, and, likely, Texas’ Kay Bailey Hutchison in a clutch of GOP Senate retirements. His decision not to...

401(k) Decay Spurs Calls for Change
401(k) Decay Spurs Calls
for Change

401(k) Decay Spurs Calls for Change

Critics question if plans are robust enough to survive tough times

(Newser) - Americans depending on 401(k) plans for their retirement have taken a hammering as the stock market plunged during the past year, prompting critics to question the shortcomings of the system, reports the Wall Street Journal. Some 50 million American have 401(k)s, and Congress is weighing a revamp. "It's so...

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