Saving For Retirement
The Latest
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May 23, 2013
It all depends on how much money you think you can save each year. Fancy plans let you save 25 percent of your income or more. Modest plans have low contribution limits.
If you won’t put away any more than $5,000 a year ($6,500 if you...
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May 23, 2013
The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey of its...
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May 21, 2013
NEW YORK (MaimStreet) — U.S. workers are obviously having a tough time getting a grip on their retirement...
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May 21, 2013
NEW YORK (MainStreet) — When it comes to helping finance their retirement, today’s career professionals increasingly believe they’re on their own.
That’s the conclusion drawn by a...
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May 17, 2013
In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets.
By that definition, Dan Prescher is a sophisticated arbitrageur. The 58-year-old makes a decent living as a special...
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May 16, 2013
NEW YORK (MainStreet) —Uh-oh.
Not only are U.S. health consumers lax in their effort to go see the doctor, and in taking steps to improve their physical well-being, they also...
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May 16, 2013
It isn't like Federal Reserve Board Chairman Ben Bernanke and his colleagues have it in for old people - I'm sure they are all very respectful of their elders. (The policy-setting reserve bank presidents typically have to retire when they are 65...
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May 3, 2013
If you're strapped for cash or have a poor credit rating, the offer would sound tempting: upfront cash in return for your future pension payments.
But it's a debt trap, according to a recent expose by The New York Times, a "pension advance...
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May 2, 2013
NEW YORK (MainStreet) — About 82 million U.S. households have investments in employee-sponsored retirement...
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April 30, 2013
Without sounding flip, if your employer offers no retirement benefits at all, then you really have some planning to do. But with a sufficiently early start and good savings habits, you can manage to fund your retirement.
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