Higher long-term rates make fixed annuities more attractive. Pre-retirees had a good thing going–until the Fed decided not to curb its stimulus program.
Retirement
Millennials Are Growing Up—But They’re Still Making One Huge Mistake
Having grown up with social media and in a time of financial crisis, Millennials lean on each other for financial advice. Is this anyway to build a nest egg?
How to Manage a Loved One’s Financial Affairs
Taking the reins from an elderly family member can lead to discord. Here’s a 4-point guide to doing it right.
Dangerous High-Wire Act Most Retirees Are Facing
Most Americans are borrowing more than they save for retirement, a new study finds.
Smells Like a Comfortable Lifestyle: How Gen X is Winning Retirement
Yet another study details the retirement savings crisis in America. But this one finds that one generation is changing its future for the better.
Why Investors Should Root for the St. Louis Cardinals in the World Series
Call it the Cards Championship Effect: Historically, when the St. Louis Cardinals win the World Series, the stock market tends to go through the roof the following year.
The Key to Fixing America’s Savings Crisis
Savings plans at companies with fewer than 500 employees lag larger plans in almost every way.
Here Come the Three Horsemen of the Retirement Apocalypse
Coming soon: means testing, mandatory savings, longevity insurance
Americans Are Saving Too Much–Sort of
None of us knows how long we’ll live. So we each strive to save for the outlier lifespan, potentially socking away more than we’ll need.
Seeking Shelter from Stock Swings Savers Take on a Different Kind of Risk
Ducking the market risk that comes with owning stocks, three generations of savers are signing up for another risk: missing out on the growth they need to save a decent nest egg.
Is the American Dream Withering or Just Changing?
Opportunity, homeownership and retirement security are down. Now we hear that most believe the next generation will be worse off than the last. Well, OK, but the kids don’t believe it.
At Least Mutual Fund Employees are Being Ripped off By Mutual Fund Companies Too
It’s no secret that many Americans are struggling to save enough for their retirement. Once upon a time, it was common for employers to bear the responsibility for worker’s well being after retirement through defined-benefit pensions. Today, if a worker is lucky, he will have the opportunity to invest in a 401(k) plan, usually with his …