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...

Not Ready for Retirement? That’s a Problem for Us

By Beth Braverman

Many of the recent trends in 401(k) benefits – including automatic enrollment and target date funds – are aimed at helping employees better prepare for retirement. Yet a recent survey finds that the...
Boomer Alert: What You Must Know Before You Retire

By Shelly K. Schwartz, CNBC

It's "go time" if you're planning to retire in 2015, or even in the next few years. As millions of baby boomers flip the switch from gainfully employed to living off their savings, the financial...
The Real Cost of Waiting to Save for Retirement

By Beth Braverman

When you’re young and not making a lot of money, it can be easy to put off saving for retirement, with the thought that you’ll get to it in a few years when you’re in a better position to do so. That...
Nearly Half of Us Are Dangling on the Edge of Financial Ruin

By Beth Braverman

Even as the job market continues to improve , many financial experts recommend that most Americans keep at least three to six months of expenses stashed away in an emergency savings account. Yet that...
Surprise! Personal Finance Experts Take Their Own Advice

By Linda Stern, Reuters

We personal finance writers really do eat our own cooking. I don't mean that in the metaphorical sense in which it is usually used - the question of whether we follow our own advice is complex. But...

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