Personal Finance Blog By MoneyRates - Retirement
The "Bucket List" approach to retirement planning
May 19, 2011
A new financial planning tool is designed to help people turn "bucket list" goals into a specific saving and budgeting road map.
401(k) accounts show encouraging rebound
May 18, 2011
Many savers still feel they are not preparing adequately for retirement.
Financial companies rolling out new products to help baby boomers navigate retirement planning
May 10, 2011
With scattered accounts and uncertainty over the stock market, potential retirees want advice but won't give up control.
Simple ways to calculate your retirement income needs
February 8, 2011
We've all punched numbers into the retirement calculators and agonized over which 401(k) investment funds we should choose. We've watched our retirement and savings accounts expand (in the 1990s) and contract (the last decade), and through it all we remain essentially clueless about how much money we need in our savings accounts or investments in [...]
Ask the expert: How long will my retirement savings last?
November 11, 2010
You need to plan spending carefully to make sure that you don't outlive your retirement savings.
Why aren't Americans saving more for retirement?
November 9, 2010
Although a vast majority of Americans realize how important it is to save for retirement, a sizable portion don't follow through with action. More than a third of Americans, 39 percent, are not saving for retirement at all, according to a survey released in October by TIAA-CREF, a national financial services organization. The online survey, [...]
Is 70 the new 65?
October 19, 2010
When it comes to retirement, 70 is quickly becoming the new 65, according to the latest "Unretirement Index" by Sun Financial Inc., a global financial services company. As the economy stumbles along towards recovery, the latest index survey found that 80 percent of Americans think they'll need at least three years to rebuild their retirement [...]
Surprising number of parents use retirement accounts to save for kids' college, study says
October 12, 2010
Almost a quarter of American parents who are saving for their children's college education make costly mistakes, such as using retirement accounts for education savings, according to a new national study conducted by Gallup and Sallie Mae. "Without dedicated college savings plans or accounts that facilitate good distinct planning for both retirement and college, American [...]
Savings accounts, Social Security, pensions, investments: Will they provide enough income for retirement?
August 24, 2010
Seventy-five years after the Social Security program was launched, more than half of baby boomers who haven't retired yet plan to rely on Social Security for part of their retirement income, according to a recent report commissioned by the Insured Retirement Institute. Surprising? Maybe not. Worrying? Certainly. Many fear the wave of retiring baby boomers [...]
Dying or Running out of Savings: Which Scares You More?
July 13, 2010
Sure, death is scary. But even more frightening to most Baby Boomers is the prospect of running out of money. Roughly six in 10 people said they feared outliving their income more than dying, according to a new survey by Allianz Life Insurance Co. of North America, which polled 3,200 people in May ranging in [...]
