With the growing concern over saving for retirement, Americans have to be careful to ensure their actions are not undermining their efforts to save. Building up a retirement nest egg can be a difficult enough, and as a result, Fox Business has provided a list of five possible expenses that could be working to derail [...]

The current debate in Washington over raising the debt ceiling has got America’s prognosticators giving us all kinds of theories on what may ensure should we default on our debts. But what will financial armageddon mean for your retirement? As NPR reports, recent declines in the stock market – the Dow Jones industrial average fell [...]

Many used to view the American dream as owning the perfect home in a great neighborhood, complete with a white picket fence, new car and children running through the beautiful front lawn. But, today, with the nation still struggling to get back on its feet after what many call the “Great Recession,” the American dream [...]

As we have mentioned in the past, there are unique challenges to saving for retirement faced by minority communities, particularly Hispanics. Today, a front page story in The New York Times reports on the results of a Pew Foundation poll showing that Hispanics, of all ethnic groups, have been hit hardest by the recent economic [...]

We’ve written a lot about how more and more Americans are delaying their retirement or getting part-time jobs, much to their chagrin, to ensure they don’t outlive retirement savings. But the Detroit Free Press is looking at a group of seniors who have happily stayed in the workforce. From 86 year-old school teacher James Allen [...]

When planning for retirement, which is more important – the savings rate or the withdrawal rate? For years, Americans have been focused on the withdrawal rate, defined as the dollar amount you’d like to earn annually in retirement. Of course, there’s some guesswork involved here, as those preparing for retirement have to plan their withdrawal [...]

How do your plans to make your money last in retirement fit in with when you will actually retire? Well, as ABC News reported yesterday, there is a new and emerging movement that is giving a number of baby boomers the ability to work fewer hours per week but longer into their careers. They are [...]

Did you know that a full 22% of Americans have no personal savings? Or that 30% of workers have ZERO saved for retirement? And even more shocking – 40% of workers aren’t contributing anything at all to their retirement savings.  PBS recently took a variety of recent surveys from multiple sources – including Employee Benefit [...]

Changing attitudes toward retirement has been a popular theme as of late in the media. As we previously mentioned, SunAmerica Financial Group’s new study reveals a significant shift in Americans’ feelings toward retirement since the recession. Today, those nearing retirement say they now intend to delay retirement by five years, from 64 to 69. In addition [...]

The past decade has been a rough one – especially with the recent economic downturn – and it has taken a toll on the saving and spending habits of all Americans. But, the change has been most profound with individuals that are near retirement age. They saw their portfolios shrink as the stock market went [...]