retirement

November 20

A Bad Idea -- Understandable Though It May Be

by Paul B. Brown @ 5:58 pm. Filed under certificate of deposit, money, money market funds, retirement, safe investments
Bank of America is currently running ads that on the surface sound appealing. They are offering to let you put your retirement savings in things that are guaranteed. Given the recently performance in the market, who wouldn’t want that? The answer should be: You. Guaranteed investments are the not the way to go, if you are saving for a long-time goal (like retirement.) The returns on such things as money market funds, and certificates of deposits, even if they are guaranteed may not be enough to keep up with inflation, let alone produce the long-term growth that you need. More…
Share Your Thoughts 

Retirement

Test Your Retirement Knowledge

Posted November 11, 2008 4:34 PM

By The Motley Fool Staff Do you have the facts on retirement? Let's find out. We've pulled together four questions related to the topic. Break out your pencils and write down the answers to each, then see how much you know about life during the golden years. The Questions 1. How many Americans are financially prepared to retire when they reach the age of 65? A. Nine out of 10 B. Seven Read more...

See also: 401(k), AARP, baby boomers, plan ahead, retirement, Social Security

Share Your Thoughts | Send to Friend

Retirement

U.S. Companies Trimming Retirement Help

Posted November 5, 2008 12:55 PM

DES MOINES, Iowa -- Retirement accounts already battered by a steep market decline may get hit again as several companies suspend or reduce their 401(k) match to save cash. Workers at General Motors Corp. and Frontier Airlines Holdings Inc., for example, could potentially lose thousands of dollars in company contributions from their retirement accounts. GM, which recently announced it was Read more...

See also: 401(k), contribution, retirement

Share Your Thoughts | Send to Friend

Retirement

Act Now to Avoid Surprises at Retirement

Posted October 29, 2008 9:51 AM

With the future always clouded by uncertainty, planning for it is difficult. By understanding and preparing to deal with uncertainty, however, we can still look forward to a future where anything is possible. For example, we have to make certain assumptions when planning for retirement. What will be our living expenses? How much income will we have? What numbers should we use for inflation and Read more...

See also: home value, Medicare, retirement, Social Security, surprises

Share Your Thoughts | Send to Friend

Retirement

Meltdown 101: Market's Effect on Retirement Plans

Posted October 29, 2008 9:51 AM

DES MOINES, Iowa - With the market seesawing daily, you may have seen your retirement savings -- that money you've been counting on, and expecting to grow -- shrink to disturbing levels in recent months. Retirement funding has been tied very closely to the stock and bond markets in an effort to provide the potential for significant growth, but now a lot of Americans are learning the Read more...

See also: 401K, economy, investment, plans, retirement, Social Security

Share Your Thoughts | Send to Friend

Retirement

Retirees Will See Increase on '09 Checks

Posted October 22, 2008 10:42 AM

WASHINGTON - Social Security checks are going up $63 a month for the typical retiree -- the largest increase in more than a quarter-century but likely to seem puny to the millions who have been watching in horror as Wall Street lays waste to their retirement nest eggs. Every little bit helps, but the boost is coming after a year when people living on fixed incomes have been pounded by Read more...

See also: checks, retirement, Social Security

Share Your Thoughts | Send to Friend
KathyDragon

Q&A From Our Experts

Today's Expert: KathyDragon
Q:

Now that the kids are out of the house and my career has slowed down a bit, I'd love to take a trip to "find myself" a little. Where's a good place to travel for quiet contemplation and also mind-opening adventure?

A:
There are so many options for you! One of the first things to do might be to spend some time writing down what you would want to have as part of this ... Read More...

See also: retirement Q&As
Submit Your Own Question | See all Q&As

Starting/Managing a Business

Tips For The New “Age” Entrepreneur

By Brian Kurth
Posted October 17, 2008 12:02 PM

According to a U.S. Labor Statistics report, there is a new generation of entrepreneurs usurping the lead in business startups. The ranks of the self-employed aged 55 - 65 rose 33% in 2006, while the number of self-employed 25 - 35 year-olds fell 2%. Furthermore, an earlier Baby Boomer survey conducted by AARP in 2003 found approximately one in three self-employed workers aged 51 - 59 Read more...

See also: buying a business, Entrepreneurship, franchise, retirement

Share Your Thoughts | Send to Friend

Retirement

Retirement in Tough Times

Posted October 16, 2008 9:50 AM

Former heavyweight boxing champion George Foreman once said, "The question isn't at what age I want to retire, it's at what income." While Foreman was savvy enough to parlay a fading boxing career into one that made him millions selling fat-reducing grills, most of us will probably need a well-defined savings strategy if we expect to retire comfortably. And many people still have Read more...

See also: 401(k) long-term savings, economy, rethinking, retirement, tough times

Share Your Thoughts | Send to Friend
October 8

Are you Rethinking your Retirement? (Drop me a line and you be featured here.)

by Paul B. Brown @ 6:19 am. Filed under Bailout, retirement, Second Careers, work
The stock market has fallen more than 33% since last October. Even more depressing, collectively we have lost something like $2 trillion in the value of our retirement accounts. That has gotten me to start rethinking my retirement plans. I am wondering if it is affecting yours. I am not so much curious about people who are thinking about cutting back. Rather, I am wondering if you—like me—are seeing this as a chance to make lemonade out of lemons. The fact that our retirement accounts are plummeting means we are going to have to work longer. But that doesn’t mean we necessarily have do the same sort of work we are doing now. Are you using the current downturn to rethink what you will do for a living in the future, once you reach “retirement” age? More…
Share Your Thoughts 
123456789Next
Ads by Google
what's this?