Tag Archives: Retirement
Investing for retirement when you’re just starting out
My granddaughter has asked me how to invest the money she’ll contribute to her employer’s retirement savings plan at her first job. I suggested she either go with a 2050 target-retirement fund or divide her money as follows: 40% in an S&P 500 index fund, 40% in a small-cap index fund and 20% in an international stock index fund. Do you think she should go with the first option, the second or do something else? — Don G.
Retirement advice and news – CNNMoney.com
Cash balance retirement plans: Annuity options
Most people take the lump sum payment from their cash balance retirement plan, but the annuity might be the better choice
Will $4 million in retirement savings be enough?
I hope to have $ 4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today’s dollars? — Brian
Retirement advice and news – CNNMoney.com
The Safe, Sure Road to a Golden Retirement
Starting with just $ 10,000 and a small monthly contribution, any investor can use this method to create their own golden parachute – a million-dollar retirement portfolio…
Daily Trade Alert
NYC Workers Face ‘Retirement Crisis’
BOSTON (MainStreet) — The grim prospect for aging New Yorkers: One-third of them won’t have enough money to retire comfortably.
That’s according to a study released Thursday by New York City Comptroller John C. Liu and the Schwartz Center for Economic Policy Analysis at The New School in Greenwich Village.
One-third of New Yorkers won’t have enough money to retire comfortably, according to a study released Thursday.
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Laid off and making the retirement savings last
Ed Parker never planned on retiring early. But in 2009, at age 61, he was laid off from his job as a manager at a Caterpillar dealership and realized he was ready to end full-time work. His wife, Roxann, had retired a decade earlier from her job at a department store, and travel plans beckoned.
Retirement advice and news – CNNMoney.com
Watch What You Pay at the Pump: Safe Driving Tip for the Road to Retirement
The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.
By Richard Schmitt
NEW YORK (TheStreet) — Penny pinching gets a bad rap. Sometimes you may feel that salesmen get offended by customers who ask questions about a product’s pricing. Sure they deserve to be paid a fair price. But then what is fair when it comes to the price you pay for gas, or for that matter of investing your retirement savings?
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Banks Grab at Bigger Retirement Share
BOSTON (TheStreet) — Despite widespread complaints — and considerable outrage — directed at the nation’s “big banks,” Americans increasingly turn to them for investment advice.
Research by Hearts & Wallets, a firm that analyzes retirement market trends for the financial services industry, shows that banks now serve as the primary source of retirement advice for 43% of Americans, an increase of two percentage points from a year ago, with gains across all investment product categories.
Despite anger at “big banks,” more pre-retirees are turning to them for their nest egg needs.
The findings come from a survey of more than 4,500 households nationally and statistics based on 9,000 responses on specific financial firms.
First quarter 2012 retirement income scorecard: Managed payouts
How much retirement income can your retirement savings generate?
