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It's not easy loving stocks right now. But for your long-term retirement investing, now could be the absolutely wrong time to abandon them for bonds.
If you plan to retire and withdraw from your 401(k) accounts and other retirement savings for the next 20 to 30 years, you'd better be prepared for future stock market crashes. They're not a possibility. They're a reality. Read here to learn about one way to recession-proof your retirement savings.
Suing your 401(k) when company stock craters misses the real problem: Why are so many plans and plan participants still letting accounts hold massive amounts in a single stock?
It's possible that we never recovered from the initial recession, and this current slowdown is part of one big recession that started in December 2007.
Most Americans start collecting Social Security as early as possible. If you're among the majority of Baby Boomers who fear running out of money in retirement, that's a bad strategy. Delaying when you start your Social Security benefits can increase your payout by more than 75 percent.
Be happy. How much money does that take? Answering this question can help you decide the amount of retirement savings you need.
Paying a set amount every week sets the stage for real world money management habits. The child might more quickly learn that their spending has limits (this may sound familiar) and that budgeting is important because there is no more money until the next "pay day".
An allowance is one of the best ways to engage children in the process of making good spending and saving decisions
What could be worse than dying? Living. A majority of Baby Boomers say they are more fearful of living so long that they run out of money in retirement, than they are fearful of death.
Would you like to trim the amount of retirement savings that you need by over a quarter of a million dollars and have a more fulfilling life? If your answer is "you betcha," read here to find out.
Annuity payments are modest, and won't help much if you haven't saved for retirement.
The financial fallout from the BP oil spill disaster just keeps on flowing, most recently hitting the retirement plans of BP employees and many British retirees. If you're not careful, your retirement plans could be undone by the same problems.
Retirees who rely on their retirement savings for income are challenged when the market drops precipitously, as it has in the past few years. Many panicked and sold assets at a low, later regretting this decision when the market bounced back. But is it possible to set up your investments to prevent this unfortunate result? You bet.
A good asset is hard to find these days. The just concluded Morningstar Investment Conference found most of the big-name money managers in the rhetorical equivalent of a defensive crouch, transfixed by the $1.6 trillion deficit, the looming tsunami of Baby Boom entitlement spending, and the possible...
Many firms are serving up lemons in their 401(k) plans, choosing the wrong default settings for employees or failing to add certain key features. Here's how to identify where the lemons are in your retirement plan and convert them to lemonade.
