In my free time I regularly read Yahoo finance or the CNN Money articles related to personal finance and retirement. People are told that they need to save as much as possible for retirement,...
How much money do you need to invest, in order to generate the amount of dividend income that will set you free from the 9 to 5 job? Well, a good starting point would be first to track analyze your...
My single step personal finance challenge is going to be to open up a Roth IRA account this year. I have been reading about it a lot in a number of blogs and media lately and it sounds like a no...
Reserve Management Corp (RMC) is offering a service to employees that allows debit cards to be linked to 401(k) plans, for easy withdrawal of funds. Their Chairman, Bruce R. Bent, justified this...
The warnings have rumbled for decades: Just wait till the baby boomers retire. If you think there are strains on Social Security and Medicare now, brace yourselves for the implosion as the boomers...
An Ohio State University researcher thinks the current measures of evaluating tolerance for risk are based more on intuition rather than on solid research. So he has put together a new measurement...
The argument for working longer is not just about people working to pay more taxes; it's about people working to have more income and wealth themselves, to save for their own lives and their...
Just a few years ago, variable annuities were shunned by financial advisers, criticized as expensive at best and scams at worst. But today anxious baby boomers are embracing a newer version that...
Fidelity Income Replacement Funds are designed to provide regular monthly payments that seek to keep pace with inflation. The portfolios invest in 15 other Fidelity funds.
Vanguard Managed...
Article describes a few little known disadvantages of rolling over your 401K into a Traditional IRA when you leave your job rather than just keeping your 401K in your employer plan or rolling it...
The article is a tad old and targeted to boomers, but it's still relevant to anyone investing for retirement. Here's a summary of the 5 trends:
1. Investment returns will cool off - many predict...
Baby boomers were supposed to be retiring in droves by now. But that's not happening. The last year has frightened many individuals of retirement age into staying with their jobs. Falling home...
The Baby Boomer generation is heading into retirement. And inflation for older Americans is considerably higher than it is for the rest of the population.
Some examples from the article:...
Did you know that IRAs can hold CDs (Certificates of Deposit)? If you are nearing retirement and are tired of fretting over your nest egg, your best and safest return may be with a federally...
BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.