A useful new government website has just gone live, offering easy teaching points for parents who want to help their kids grow up knowing a thing or two about compound interest and 19 other key financial concepts.
Stocks
Retirement Income: 5 Steps to Fill the Gaps
It’s never too late to start planning your retirement security. Here’s a one-size-fits-all strategy that will help secure an adequate stream of income in your later years.
7 Ways to Stretch Your Nest Egg
If you thought it was hard to grow a nest egg, try living off one in retirement. Here are seven ways to make what you have last the rest of your life.
Your Financial Adviser Might Be a Lemon
Wall Street has been plagued with stories of large investment banks bilking their clients with complicated products. Former Goldman executive Greg Smith just inked a million dollar book deal to spill his guts about the chicanery …
Another Green Shoot: Millionaire Households Rising
Millionaire households in the U.S. are rising again, largely because the mass affluent stayed the course with their stocks during the downturn and are reaping the benefits of the market’s recovery. But frugality also played a big role.
Solutions to 9 Puzzling Financial Frustrations
What Will Replace the 401(k)?
The venerable 401(k) has been under fire since the recession. Here’s what could replace it.
Bonds Are on a Roll — Is it Time to Give Up on Stocks?
A well-known academic argues against stocks, even for the long run. But it feels a bit like arguing that Warren Buffett doesn’t know what he’s doing. Whose side would you take?
Index Funds Win Again — This Time By a Landslide
Index mutual funds trounced actively managed mutual funds last year by the widest margin in 15 years. Why are you sticking with an active manager?
Dividend Stocks Are Hot, But They Aren’t Bonds
The search for retirement income in today’s low-yield environment inevitably comes back to dividend paying stocks. How could it not? Money market funds and short-term bank CDs pay about .5%; the 10-year Treasury bond pays only about 2%.
Finally, A Convenient Way to Get Income for Life: Feds Push A New 401(k) Option
With traditional pensions disappearing, securing reliable low-cost lifetime income for retirees has emerged as a top issue among financial planners and policymakers. Finally, a solution is in sight. The federal government has issued new regulations designed to encourage two important changes:
- Allow 401(k) plan participants to easily
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Bernanke to Income-Starved Retirees: Tough Luck
If it wasn’t clear already, it is now: securing decent retirement income in a low-yield environment is going to be a problem for a long time. Seniors who have been eking by through temporary measures like drawing down an …