March 29, 2010
In 1935, Harry Hopkins, head of the Federal Emergency Relief Administration, took a call at his home from U.S. Treasury Secretary Henry Morganthau Jr. Both were on the...
March 15, 2010
I've always considered myself a big risk taker. When I was a kid, I jumped out of second-story windows and drove in stock-car races. In 1996, we bought a home in the ...
March 15, 2010
While the stock market was plummeting in the fall of 2008, Brinton Eaton Wealth Advisors, which manages $550 million in client assets, asked a handful of investment ...
March 15, 2010
Revolutions often begin with drama, a powerful upheaval that seizes everyone's attention. The assault on the Bastille in 1789. The armed insurrection in Petrograd in ...
March 15, 2010
Over the past two years, investors have been taken for a wild ride. Annuities offer a way off the roller coaster. That, at least, is the marketing message of the ...
March 10, 2010
(Bloomberg) U.S. workers are more confident about having enough savings for retirement even after the percentage of savers declined, according to the Employee ...
February 24, 2010
Asset allocation has long been the mantra of financial advisers and smart investors intent on minimizing risk through diversification. Now, with the specter of higher ...
January 8, 2010
By Theo Francis (Bloomberg) The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams ...
November 11, 2009
Ah, retirement! Before the 1950s it was something only the wealthy could afford to do. Everyone else needed an income, and most folks struggled to get by in the ...
November 11, 2009
After 25 years of climbing her first ladder at Hewlett-Packard (HPQ), Gina Cassinelli knew it was time for a change. "All of a sudden, you wake up and you say…I...
November 11, 2009
At age 55, Dorothy Mench opted to retire from her 26-year career in equity trading operations at a brokerage firm in Chicago when it reorganized. This fall, she's ...
August 18, 2009
As defined benefit plans fade into history, more American workers are confronting the fact that they will need to be much more active in deciding how to marshal their ...
July 22, 2009
More than a century ago, Weyerhaeuser (WY) began operations in America's Northwest as a logging company. Like many other frontier businesses, the job was hazardous. ...
June 22, 2009
As the first cohort of the baby boom generation this year hits 63—which is the average age of retirement in the U.S.—the big question is: Are they ...
June 8, 2009
Federal entitlement programs are critical to retirement security, but these programs are rapidly moving into the red. New projections by the trustees of the Social ...
April 24, 2009
It could have been worse. At the end of February—a year and change since my wife and I had shifted our money to professional wealth management advisers—our...
April 1, 2009
The high cost of long-term health care will drag down the quality of life for nearly two-thirds of today's retirees. It can cost $77,000 a year for a nursing home room...
March 17, 2009
Two 22-year-olds are just starting their careers and beginning to save and invest. One devotes half his salary to quickly paying off student loans, with the goal of ...
March 17, 2009
In times like these, it's tempting to squirrel away your hard-earned fortune in the safest place you can find: a federally insured bank, government debt, or maybe, if ...
March 17, 2009
As it becomes clearer just how seriously the financial crisis and recession have hurt Americans' retirement savings, the issue is taking on new prominence in ...
March 17, 2009
The rise in corporate layoffs over the last 15 months is leaving more people, especially those close to retirement age, scrambling to find health insurance they can ...
March 17, 2009
There is a major social and cultural message in the current economic collapse to the future retirees of the U.S.: Forget retirement. That's right. The recession is ...
March 17, 2009
When it comes to building, or rebuilding, your retirement nest egg during your peak salary years, from age 40 to 55, the investing choices most people make to achieve ...
January 24, 2009
Investors are being haunted by the threat of inflation, despite the fact that real inflation is nowhere to be seen. The effects of inflation on an investor's portfolio...
January 23, 2009
By Lynn O'Shaughnessy Congress hoped to help the typical retiree by eliminating mandatory withdrawals from tax-deferred retirement accounts in 2009, but it missed the ...