(Dow Jones) The time has come for the nation to face some facts, and according to Republican Rep. John Boehner, the House minority leader, that means fixing Social Security by hiking the normal retirement age to 70 for future retirees, from the current 67.
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 |
New 'Best Places to Retire' Web Resources Launched
August 30 — We are very pleased to announce 5 new mini-sites to help provide extra information and resources on some of the hottest retirement issues and best places to retire. These site are especially useful because they gather a great deal of usef...
Top Retirements Tue, 31 Aug 2010 00:17:49 +0000
7 ETFs To Invest In If You Think Schiff Is Right
Doom and gloom trade at high multiples in Peter Schiff's world. If you agree, here's what to do.
The Street Mon, 30 Aug 2010 21:26 GMT
For Long-Term Wins, Look to Nimble Midcaps
Over full market cycles, midcaps are typically the best performers. Don't be fooled by fluke highs and lows.
The Street Mon, 30 Aug 2010 11:45 GMT
Summer Reading: The End of Easy
Here's an excerpt from The Buckets of Money Retirement Solution by Raymond J. Lucia.
The Street Sat, 28 Aug 2010 13:00 GMT
Nantucket - Is an Island Retirement for You?
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Retirement: What's your magic number?
Question: Everyone talks about 'the number,' but what does it tell you? -- ROBERT C., Los Gatos, Calif.
CNN Thu, 26 Aug 2010 11:15:05 EDT
Skeptical of too-good-to-be-true retirement plans
Question: Are you familiar with something called a Plan B pension? Is it a legit investment and, if so, how can I sign up? --Lloyd, Decatur, Georgia
CNN Wed, 18 Aug 2010 11:15:56 EDT
Why I took Social Security early
About 73% of Social Security filers last year took their benefits early, even though they would receive larger checks if they had waited until full benefits kicked in at 66. Here's why these folks thought it was the right decision.
CNN Wed, 18 Aug 2010 10:07:37 EDT
Kentucky Pension Agents Paid $12 Million To Drum Up Business
Controversial payments included $5 million to one middleman.
Forbes Thu, 12 Aug 2010 12:13:43 GMT
How To Be Debt-Free In 2011
It's hard to think of Christmas when you're busy beating the summer heat, but now is the best time to prepare.
Forbes Wed, 04 Aug 2010 15:50:48 GMT
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Why low-cost Sipps are 'the future of pensions'
Changes in the pensions world have seen low-cost self-invested personal pensions emerge as the 'only real option' for many savers
This is Money Thu, 26 Aug 2010 13:33:00 +0100
Retirement: What's your magic number?
Question: Everyone talks about 'the number,' but what does it tell you? -- ROBERT C., Los Gatos, Calif.
CNN Thu, 26 Aug 2010 11:15:05 EDT
Forces' fury as pension pots face huge cuts
Retired servicemen face losing hundreds of thousands of pounds from their pensions because of changes to the way the Government calculates annual increases
This is Money Thu, 26 Aug 2010 08:14:06 +0100
How about an alternative pension plan?
With pensions under attack like never before, we take a look at two families and their views on pensions, and what they're doing to help theirs
This is Money Sat, 21 Aug 2010 18:41:00 +0100
Fund Your IRA
We're moving along in the How to Save for Retirement With an IRA series. Previous steps included: Step 1: Learn Your IRA Contribution Limit Step 2: Choose a Regular IRA or Roth IRA Step 3: Open an IRA With those steps complete, now it's time to...
About Sat, 21 Aug 2010 18:41:00 +0100
Did you take an Early Retirement?
Many people dream of an early retirement. Along with presumably better health in which to enjoy life's finer pleasures, comes the assumption of great wealth. For a fortunate few, this occurs. For many others, early retirement arrives as an unplanned layo...
About Sat, 21 Aug 2010 18:41:00 +0100
How to Open an IRA
Opening an IRA isn't rocket science. Still, whether it's procrastination, fear, or some other reasons, well too many Americans lack one. Without opening an IRA, you can't save in one for retirement. As such, it's the necessary Step #3 in learning How to S...
About Sat, 21 Aug 2010 18:41:00 +0100
Why do you think young adults are concerned about retirement?
I came across the article Young Adults Concerned About Retirement recently. Statistics from the Ipsos study include nearly half of the 25-34 year olds polled fearing they will not be able to maintain their standard of living in retirement. While young pe...
About Sat, 21 Aug 2010 18:41:00 +0100
Roth IRA or Regular IRA?
No matter the method selected, saving for retirement is a wise move. Nonetheless, once you've made the decision to save, you'll have many additional steps to take. Even after you have committed to open an IRA, you must first choose which type of IRA. For...
About Sat, 21 Aug 2010 18:41:00 +0100
When Did you Start Saving For Retirement Survey Results
The results to the When did you start saving for retirement survey? are extremely interesting. Not only has the response been very strong (several hundred voters almost immediately), but the uniformity of answers is striking. Why such a strong response? ...
About Sat, 21 Aug 2010 18:41:00 +0100
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