We are in trying times for sure when the good news about public pensions is that an independent study confirms a huge funding shortfall–and it’s greeted with applause because at least pension managers haven’t been hiding it.
Life is full of trade-offs, and boomers have made their share. One big one coming home to roost now: A generation that avoided saving in the face of a crumbling pension system has resolved to work longer instead. But things may not be that simple.
The principles that have made Warren Buffett the greatest living investor work for a lot more than just stocks.
Left for dead in August, the effort to reform money market mutual funds is getting a renewed boost. The stable $1 share price may be a casualty. Here’s why reform would push the low yields on these funds even lower.
Getting started is half the battle when it comes to building retirement security. Setting near term goals are important too. Here’s how to do both.
The forces that have boosted the prices of blue-chip stocks over the past year are diminishing, while other factors have become increasingly uncertain.
New data show that the percentage of companies offering a 401(k) match is back at pre-recession levels. Meanwhile, features like advice and auto enrollment are way up. Now, if we can just get workers to pay attention.
An important part of retirement planning is estimating your future tax rate. Most financial planners assume tax rates will go up in the future. But while that may be true it doesn’t necessarily mean the amount of tax you pay …
Pessimism is often most widespread when a long period of economic troubles is nearing an end. What follows can be a surprisingly strong rebound.
When it comes to personal finance, there is (if you’ll pardon the pun) a wealth of information to show women are more cautious, more meticulous and more responsible. And yet, a new study today from the U.S. Government …
Dividend stocks are leading the market and some pundits believe the rally is a bubble about to end badly. But they may be underestimating the flood of income-starved retiree money heading this direction in a record low-yield environment.
Domestic stocks are the No. 1 place that millionaires have been putting their money in the past year, according to a Fidelity survey, which runs directly counter to the behavior of the average investor.