NEW YORK (CBS News) -Stocks plunged in the final hour of trading Thursday, sending the Dow
Jones industrial average down more than 675 points, or more than 7
percent, to its lowest level in five years
WASHINGTON (AP) - Americans' retirement
plans have lost as much as $2 trillion in the past 15 months, Congress'
top budget analyst estimated Tuesday.
People age 55 and older face much bigger challenges in making up the
401(k) account balances they’ve lost over the last 18 months than do
those under 30 and may need to delay retirement if they can’t
significantly increase contributions, says a new report from a leading
global benefits consultant.
Women have more to fear than men when it comes to facing the financial risks of retirement, according to a new report.
There has been much talk about the potential for
higher taxes in view of the massive cost of the government bailouts -
but here's an article that sheds light on another looming tax issue...
WASHINGTON — Taxing the rich may be popular with many Americans, but
some experts warn that a proposed tax on the wealthy to pay for an
overhaul of health care could be bad economic medicine.
WASHINGTON — Three tax increases proposed by President Obama and House Democrats on the richest Americans could produce the highest tax rates in a quarter-century. Tax Rates and Tax Rate Changes
Tax rate changes since 1980 and what would happen in 2011.
The government has been implementing massive bailout plans for major financial institutions and corporations, we can design a personal bailout plan for you.
What does the market crash mean to you? How can you benefit from the professional insights and helpf of a financial advisor?
Can you answer these questions? If you can't answer them with confidence, you got some homework to do.
Proven the best way to grow your retirement money for the last 14 years, the sure way to beat the market every time.
Helping to build a better future with a financial professional in your portfolio. | |
Live Retirement Planning News |
EU Raises 2010 GDP Forecast as Deficits The euro-area economy may expand 0.7 percent next year, the European Commission said, raising its forecast even as budget deficits and jobless ranks swell further. ForexNewsOnline Tue, 3 Nov 2009 13:14:00 UT
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. CNN Tue, 09 Mar 2010 07:30:28 EST
Why wait to make your 2010 IRA Contribution? Although millions of Americans will scramble to make their IRA contributions before the deadline it's an entirely unnecessary exercise. With decent cash-flow planning you can make your IRA contribution anytime. In fact, a 2010 IRA contribution may be made... About Tue, 9 Mar 2010 06:00:00 EST
2009 IRA Contribution Limits Although it's well into 2010, the 2009 limits for retirement plan saving are still highly relevant. This is because the deadline for making retirement contributions to a plan such as an IRA is April 15, 2010. As such, you can still make a 2009 contributi... About Tue, 9 Mar 2010 06:00:00 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... CNN Tue, 09 Mar 2010 04:27:49 EST
Worst Retirement Mistakes to Avoid We’ve posted a new article in our Tips and Picks section on the “Worst mistakes you can make in retirement”. Our hope is that you can examine them vs. your own situation and at least avoid the most serious of them. Post your worst retir... Top Retirements Mon, 08 Mar 2010 21:09:50 +0000
Long-Term Care Insurance: You Have Options The latest offerings provide more coverage and the ability to pick and choose what types of coverage you'll need. Forbes Mon, 08 Mar 2010 13:12:11 GMT
Corporate America Scrutinizes Its 401(k)'s Companies, which are increasingly restoring retirement matches, are giving their 401(k) plans a second look. The Street Mon, 08 Mar 2010 10:00 GMT
Steve Bee: Why 'E's are good and 'T's are bad for pensions Pension income is EET, while the tax-free lump sum is EEE. ISAs, however, are TEE and building society accounts TTE. Confused? Steve Bee explains. Citywire.co.uk Sun, 07 Mar 2010 00:01:00 GMT
ETFs Slowly Displace Mutual Funds in 401(k)s ETFs are chipping away at the dominance of mutual funds in Americans' 401(k) plans. The Street Fri, 05 Mar 2010 12:46 GMT
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EU Raises 2010 GDP Forecast as Deficits The euro-area economy may expand 0.7 percent next year, the European Commission said, raising its forecast even as budget deficits and jobless ranks swell further. ForexNewsOnline Tue, 3 Nov 2009 13:14:00 UT
Can equity release solve pensions crisis? A group of politicians has called on the equity release market to improve its services to help Britain's elderly beat the pension funding crisis This is Money Tue, 09 Mar 2010 12:23:00 +0000
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. CNN Tue, 09 Mar 2010 07:30:28 EST
Why wait to make your 2010 IRA Contribution? Although millions of Americans will scramble to make their IRA contributions before the deadline it's an entirely unnecessary exercise. With decent cash-flow planning you can make your IRA contribution anytime. In fact, a 2010 IRA contribution may be made... About Tue, 9 Mar 2010 06:00:00 EST
2009 IRA Contribution Limits Although it's well into 2010, the 2009 limits for retirement plan saving are still highly relevant. This is because the deadline for making retirement contributions to a plan such as an IRA is April 15, 2010. As such, you can still make a 2009 contributi... About Tue, 9 Mar 2010 06:00:00 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... CNN Tue, 09 Mar 2010 04:27:49 EST
Savers scared pensions won't be enough Only one in three savers believes their final pension pot will be enough to see them through retirement, new research has revealed This is Money Mon, 08 Mar 2010 16:28:00 +0000
Pensioners' Sams mortgage battle falters Hundreds of pensioners who took out controversial shared appreciation mortgages (Sams) are losing their legal battle This is Money Sun, 07 Mar 2010 16:29:00 +0000
The five pension golden rules Converting pension savings into an income is probably the most important financial decision you will ever make. Read our five vital tips here This is Money Sun, 07 Mar 2010 11:03:00 +0000
Middle-class savers face annuities crisis A vice has closed around middle-class pension savers as they struggle against a punishing annuities crisis This is Money Sat, 06 Mar 2010 00:01:01 +0000
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