Personal Finance StrategyAchieving Personal Finance Goals Now! |
|
| Tips & Tools | Identity Theft | Insurance | Internet Banking | Books & Software | Taxes | Resources | Home | Site Map | |
In this Section |
CNN Money News Articles: Retirement |
||
CNN Money• Personal Finance• College Savings • Mutual Funds • Insurance • Retirement • Tax Breaks and Loopholes • Gerris Willis Entrepreneur• Starting a Businesses• Sales and Marketing • Growing a Businesses Articles• Boost Your Credit Score• Comparing Mortgage Rates • Consolidate Credit Card Debt • Credit Card Minimums • Determining Loan Needs • Government Credit Repairs • Identity Theft Recovery 
Sponsored Links |
3/9/2010 8:19:00 PM Tue, 09 Mar 2010 04:27:49 EST How Uncle Sam wants to boost your retirement Usually I cringe when our leaders in Washington try to help improve our finances. I'm afraid their efforts may do more harm than good. But two new ideas being discussed inside the Beltway could actually make it easier to prepare for retirement. Both center on the income you'll generate from your 401(k). Tue, 09 Mar 2010 07:30:28 EST 43% say they have less than $10k for retirement The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday. Thu, 04 Mar 2010 08:13:57 EST Retire early, save for a home Like many households, Wener and Tieun Vieux have suffered a few financial jolts of late. Fri, 05 Mar 2010 06:26:17 EST The retired couple's guide to livin' the dream Question: My husband and I have been happily married for 28 years. Careful spending and sound planning over time has provided us with a very comfortable financial future. Although we're compatible in many ways, our outlook differs when it comes to enjoying our money. I'm more of a saver and I hate to shop. I'm already retired, and when my husband retires in a year we'll begin drawing on our retirement savings. Can you suggest some tips on how we can communicate effectively about spending our money? How do we assure that we'll both have the independence to decide how we want to spend "our share" without judgment? --Margaret M. Wed, 24 Feb 2010 08:34:35 EST Make the best of a bad 401(k) You're probably feeling a lot better about your 401(k) these days, and not without reason. The average balance for experienced workers, after declining 19% in 2008, bounced back 29% last year, including new contributions. Tue, 23 Feb 2010 09:13:19 EST Retired early, coming up short Question: I lost about 40% of my retirement savings after taking early retirement. I'm now 55 and have $650,000 left. Can you suggest a portfolio that provides capital appreciation, income and growth? I require about $6,000 a month to live on. --Bill, Philadelphia, Pennsylvania Thu, 18 Feb 2010 05:24:24 EST 401(k) flub: Turning down free money Question: I'm 24 and my 401(k) plan matches $1.25 for every dollar I contribute up to 6% of salary. I currently contribute 3% of my salary and then put $75 a month into a Roth IRA. I do that because I don't want all my eggs in one basket. I'm wondering, though, whether I should stop the IRA contributions and take advantage of the company match instead? What do you think? --Matthew, Sacramento, Calif. Wed, 17 Feb 2010 10:08:35 EST What you need in retirement: friends My wife is always chiding me that I spend too much time working and not enough keeping up with friends. "You'll be sorry when you retire and don't have anyone to do things with besides me," she warns. I hate to say it, but she's right. It's easy to assume retirement planning is all about the bucks, but nonfinancial issues matter too. Thu, 11 Feb 2010 10:44:37 EST How much to contribute to a 401(k) Question: I'm 42 years old. What percentage of my weekly paycheck should I contribute to my 401(k)? --Gary, Bronx, New York Tue, 09 Feb 2010 11:46:26 EST Protect yourself from a double-dip recession Question: We're in our late 60s, retired and have a comfortable amount of money in retirement accounts, mostly mutual funds. My husband wants to liquidate most of our holdings and put the proceeds in money market funds, laddered CDs, maybe an annuity, as he fears the political situation will lead to another recession. Is he right? --Sharon, Kennewick, Washington Thu, 04 Feb 2010 05:22:13 EST The price of procrastination: $455,000 Question: I'm 34 and have yet to begin saving for retirement. I'm considering participating in my company's 401(k) plan, but I'm unsure whether to do so since my employer doesn't match my contribution. What do you advise? --Nikia, New York, New York Tue, 02 Feb 2010 08:40:56 EST Making $300,000 last a lifetime Question: My mother-in-law, who's in her early 60s, was recently widowed. She now has Social Security and approximately $300,000 from a life insurance policy to live on. She's not comfortable taking on much, if any, risk but she does need to generate income from the life insurance proceeds. Any recommendations for how she should invest this money? --Chris, Atlanta, Georgia |
||