YOUR RETIREMENT PLAN needs to be aligned with what you need and want. “As a whole, retirement plans can never be one size fits all, because everybody is very different,” says Ephie Coumanakos, co-founder and managing partner at Concord Financial Group in Wilmington, Delaware.

Madison Police Chief Mike Koval announced in a Sunday morning blog post he will be retiring from the Madison Police Department after 36 years in law enforcement and five years as chief. Koval wrote about the ups and downs of his career, saying he had been shot at, bitten, sued and more, but that the positives always outweighed the negatives.

Older Americans have many reasons for taking on part-time work after leaving a full-time job behind — perhaps better financial security, a sense of purpose or a way to stay connected.It’s also becoming more common to work well into one’s 60s or 70s, or even 80s.By 2026, about 30% of people ages 65 to 74 are forecast to be working either full or part time, compared with 17.5% in 1996, [...]

For many older Americans, retirement means freedom to explore beyond your backyard. Before you take off, however, check whether your health insurance travel with you.Assuming you’re on Medicare — most adults age 65 or older are — coverage away from home depends partly on where you travel to, along with whether you’re on basic Medicare or get your benefits through an Advantage Plan. It also can depend on whether the [...]

A New Jersey K-9, who protected presidents and religious figures, is enjoying retirement this morning.The West Windsor Police Department saluted Cherno on his 10 years of service. The explosive-detecting K-9 was recognized Monday night with a proclamation by the state legislature and even received the department's medal of honor. During his career, Cherno ensured the safety of VIPs like Presidents Bill Clinton and Barack Obama as well as the Dalai [...]

A Missouri Senate committee assessing the retirement system for transportation and state police employees has discussed the possibility of consolidating the retirement system with another.It’s something legislators have looked at previously.The Senate’s MoDOT and Patrol Employees’ Retirement System Study Committee met last week and heard from staff of MPERS and the Missouri State Employees’ Retirement System, MOSER, with the meeting focusing on the ways the two retirement systems could consolidate [...]