|
Retirement: What's your magic number?
|
Question: Everyone talks about 'the number,' but what does it tell you? -- ROBERT C., Los Gatos, Calif.
|
|
Why I took Social Security early
|
About 73% of Social Security filers last year took their benefits early, even though they would receive larger checks if they had waited until full benefits kicked in at 66. Here's why these folks thought it was the right decision.
|
|
Skeptical of too-good-to-be-true retirement plans
|
Question: Are you familiar with something called a Plan B pension? Is it a legit investment and, if so, how can I sign up? --Lloyd, Decatur, Georgia
|
|
Behind on retirement? The secret to catching up
|
Question: I'm behind in saving for retirement. Should I take more risk to catch up? --James Wilson, San Antonio
|
|
Life insurance as savings
|
Question: I'm 33, make about $150,000 a year and am starting from scratch to plan for retirement. A person close to me wants to sell me life insurance with a cash value feature as a way to save. Can you help me here? What do you think is my best option? --Carlos R., Houston, Texas
|
|
A retirement portfolio of global proportions
|
Question: What is the difference between a total world index fund and a total international index fund? How you see such funds as part of a retirement portfolio? --Dave, Apple Valley, Minnesota
|
|
How to save $1 million by 65
|
Question: I'm 28 and would like to have $1 million by the time I retire at 65. What are some of the investing options I should consider? --Joshua Sin, Fresno, Calif.
|
|
Retiring? What to do with your 401(k)
|
Question: When I retire, should leave my money in my company's 401(k) or roll it into an IRA? --Mark, Plymouth, Minnesota
|
|
47% of early boomers could run shy of cash
|
Many early baby boomers may have a hard time making ends meet in retirement, according to a new study.
|
|
Hello pension, bye-bye saving? Not so fast
|
Question: I'm retired on a pension and will soon start receiving Social Security. So I'm wondering, once you're retired do you still need an emergency fund of three to six months' worth of living expenses as you did when you were working? --Jim, West Farmington, Ohio
|
|
How recent grads can learn the investment ropes
|
Question: I'm a recent college graduate who has a decent job that pays the bills. I also have around $10,000 in a savings account and contribute $100 a month to my 401(k). How should I begin to invest my money? Should I go to a broker? Manage it on my own? Help! --Sophia, New York City
|
|
Pay less tax when planning for retirement
|
Question: I have been contributing the maximum to my 401(k) for some time now. But are there any other tax-friendly ways I can save even more for retirement? -- David W., Carlsbad, Calif.
|
|
Turning $200,000 into $800,000
|
Question: I have $200,000 invested today that I would like to grow to $800,000 over the next 24 years. What return do I need to earn on my investments for that to happen? -- Nancy, Quincy, Mass.
|
|
Making your nest egg last a lifetime
|
Question: I often see articles recommending a 4% withdrawal rate to avoid running out of money in retirement. But it seems to me that if you earn a 4% return, which isn't excessive, you could withdraw 4% of your savings forever without ever touching principal, let along run through your savings. Am I missing something? -- John N., Washington, D.C.
|
|
BP sued by nation's No. 3 public pension fund
|
The nation's third-largest public pension fund on Wednesday initiated a class action suit against BP for losses incurred due to the oil spill in the Gulf of Mexico.
|
|
Making a surprise early retirement work
|
For years, Pat and George Breault gave little thought to their spending. The couple, both IT project managers, earned a handsome $235,000 a year -- more than enough to cover their basic living expenses as well as the extra-curriculars they enjoyed, such as dining out, taking cruises, and entertaining at their second home, a condo at Catawba Island on the shores of Lake Erie in Ohio, where they hoped to retire one day.
|
|
Saving on a part-time salary
|
Question: I'm a full-time student who has a part-time job at a community college. Can I start contributing to an IRA? -- Eiko, Atlanta, Georgia
|
|
Is the 401(k) dead?
|
Question: I'm 23 and contribute to my 401(k) plan. My employer also invests 4% of my salary in matching funds. But after reading a 2009 TIME Magazine story titled "Why It's Time to Retire the 401(k)" and seeing my parents lose significant amounts of their retirement savings after 9/11 and again in 2008, I'm wondering whether I should stop contributing to my 401(k). I'm confused. What is the best way to save long-term for retirement? --Andrew H.
|
|
What to do when your pension is frozen
|
You've been looking forward to retirement -- and the steady income your employer was supposed to provide -- only to learn that your company has frozen its pension plan. Now what?
|
|
I retired. Now how do I unretire?
|
You retired. But that was then. Now things have changed, and you want -- or need -- to return to the workforce. Jumping back in may seem daunting, but it doesn't have to be, says Age Wave CEO Ken Dychtwald, an expert on boomers and aging. The challenge of finding a job -- again -- isn't just about the mechanics, like writing a résumé for the first time in years or convincing a potential employer that you're a better hire than the perky young college grad he just interviewed. It's also about altering your mindset and realizing that this may be a new beginning. Here's Dychtwald's advice on how to make your way back onto a company payroll without too much stress.
|
