Reminders are effective when it comes to reaching savings goals, and now you can sign up for regular helpful advice via text and get a shot at $500 to boot.
Retirement
Mandatory Savings: How Australia Fixed a Retirement Crisis
The land down under has gotten on top of their retirement-savings crisis through a system of mandatory savings accounts. The U.S. is sure to give them a look
Plugging the Pension Gap … With Cheese?
In American slang, the word “cheddar” has long been a stand-in for money. Now, it would appear some folks in the U.K. are taking this association far more literally.
According to the Financial Times, the British food company Dairy Crest has a roughly $128 million deficit in its pension fund as of the end of September, and to help plug …
A New Idea to Fix the Retirement-Savings Crisis
Guaranteed lifetime income is hard to find in the retirement-savings plans of most workers. Now, a prominent pension thinker is pushing for a new tier of savings accounts that could fix that
Big Brother: How the Obama Budget Helps Ordinary Savers (at Some Risk)
Obama’s budget would give workers without a tax-favored savings plan at the office automatic access to an IRA. That is among other details in the budget that affect your pocketbook.
10 Biggest 401(k) Mistakes—and How to Avoid Them
As traditional defined-benefit pensions become increasingly rare, more Americans instead are offered employer-sponsored 401(k)s, defined-contribution plans that require participants to be more proactive and educate themselves. …
Obama’s Budget Would Cap Tax-Advantaged Savings
New IRA limits target the wealthy. But this may be just the start of a raid on America’s nest eggs.
Retirement Saving: Piecing Together a Perfect Portfolio
Saving for retirement has a new look. It starts with your first job and never stops. Thankfully, innovations like target-date funds and ETFs keep things simple.
Scared to Prepared: How the Great Recession Changed Our Spending Habits
The sting of the financial crisis can still be felt five years on. But individuals have moved beyond finger-pointing
Savings Booster: Making it Simpler to Repay Your 401(k) Loan
The SEAL Act has undergone a facelift in name only. Maybe now lawmakers will do the right thing and cut strapped borrowers a break.
How to Draw Down Your Nest Egg: 3 Alternatives to the 4% Rule
The presumed safe withdrawal rate of 4% has been a disaster for new retirees the last dozen years. Here’s a better way.
Workers Who Delay Retirement May Be Happiest
Once a radical view, working longer as a means to health and happiness is the new reality for many.