Retirement

Making a Big Money Move? Why You Should Probably Consult a Financial Adviser

By Beth Pinsker, Reuters

People hire financial advisers with the very obvious goal of getting advice on how to handle their money. So why do investors often cut advisers out of consequential decisions? Some advisers say...
How Kids Can Wreck Your Financial Security

By Beth Braverman

As any new parent will tell you, the giggles of a baby or a first steps of a toddler are priceless milestones, but that doesn’t meant that they don’t come at a cost.
The $3 Million Retirement Mistake You Could Be Making

By Beth Braverman

Most retirement experts agree that a portfolio that includes stocks held over the long term is the surest way to amass the nest egg necessary for a comfortable retirement, but many younger workers...
The US Loses Ground in Providing Retirement Security to Baby Boomers

By Eric Pianin

A new global index of best practices by policy makers, employers and asset managers found that the United States is losing ground in providing economic and financial security and improved health care...
Oregon Just Took the Lead in Getting Americans to Save More for Retirement

By Eric Pianin

Bucking resistance from a Republican Congress and the Trump Administration, Oregon has become the first state to launch a program requiring private employers to either offer their own 401 (k) savings...

How GOP Tax Reform Could Affect Your Retirement Account

By YLAN Q. MUI, CNBC

The fight over tax reform is starting to get personal. So far, much of the debate in Washington has centered on overhauling the corporate tax code. But a new coalition of consumer and industry groups...
How Much Money Do You Need to Be Wealthy? Here’s What Most People Say

By Beth Braverman

Americans’ collective net worth has risen in recent years, thanks to a healthy stock market and steadily increasing home values, but most people think they need a lot more money to feel financially...
How Rising Health Care Costs Could Hurt Your Retirement

By Tom Anderson, CNBC

Skyrocketing health costs don't just make it harder for you now — they can diminish your retirement, too. More than 60 percent of employees said they are contributing less to their 401(k) plans...
How Millions of Aging Baby Boomers Could Bust the Economy

By Eric Pianin

A new report not only highlights growing economic anxiety among an increasingly important and influential cohort of the population, but also suggests that this overarching pessimism and caution could...
How the Government Is Making It Harder for You to Retire

By Eric Pianin

Many Americans have saved shockingly little for their retirements, with one study showing that the median savings for households near retirement age is just $17,000. In the coming years, tens of...

Why Carrying a Mortgage in Retirement Can Really Pay Off

By Janna Herron

Plenty of people planning for retirement may dream of a future life that doesn’t include a home loan. The reality can be much different, according to a new survey. Four of five non-retirees with a...
A Big Reason Workers Aren’t Saving More for Retirement

By Beth Braverman

The ever-increasing cost of health care is not only hurting workers’ financial security in the present, it’s also making it harder to reach financial goals in the future. Nearly 70 percent of workers...
Could You Live on $7,000 a Year? Some Retired Baby Boomers May Have To

By Beth Braverman

Most financial planners recommend that workers have enough cash saved to replace 70 percent to 80 percent of their income in retirement, but today’s Baby Boomers are falling far, far short of that...
New Retirement Rule: Why You’ll Be Getting Better Advice Next Year

By Janna Herron

Anyone giving you investment advice on your retirement plans must look out for your financial interests, thanks to a new rule from the Labor Department . About seven years in the making, the ruling...
China Turns to Face Its Aging Population

By Michael Hodin, The Fiscal Times

While Mark Zuckerberg was meeting with officials in Beijing in Shanghai two weeks ago, there was another, far less public meeting on the population aging challenge facing China going on. Both...

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