60 years old, divorced, and forced into early retirement... One viewer's 401(k) is down 25% from its all-time high. How should a 401K account be allocated? What’s an appropriate allocation for someone in this situation? What's the possibility of another market freefall? Read More
I’ve been thinking about retiring for a few years now but I’m really concerned about how expensive everything is. I’m still working and wondering if I’ll ever have enough to retire. How do you help people cope with high inflation? Phillip, CT Read More
Shocking news out of Britain today: Queen Elizabeth II could run out of money by 2012 unless the government steps in and gives her a raise! But with a recession going on, it might behoove the queen to set an example for her subjects and get a real job. Here are a few suggestions for how the queen can make a buck—er, pound. Read More
In honor of Bernie Madoff's incarceration, satirist Andy Borowitz has reprised his popular tome, “Who Moved My Soap? The CEOs Guide to Surviving in Prison,” with a special Bernie Madoff edition. He offers all sorts of helpful tips, including: what to pack, a guide to prison lingo, how to feng shui your cell and "Seven Habits of Highly Effective Prisoners." Read More
It used to be that when a millionaire walked into his financial advisor’s office to talk about retirement, all he wanted to know was: Will I have enough money to maintain the yacht-and-caviar lifestyle to which I’ve grown accustomed? Now, they’re worried about running out of money. Read More
It sounds like something out of "Monty Python and the Holy Grail," but it is actually a technical analyisis indicator with a stellar track record. Read More
Question: As a self-employed empty nester, what advice can you give to starting our retirement nest egg at this late date? My husband and I are both in our early 50’s. We would like something simple that we can contribute small ($50) amounts to at a time.Read More
Has the economic crisis actually been a good thing for your retirement savings? If you asked this question, most people, still reeling from the hit their 401(k)'s took from during the market's dive, would think you were nuts. But every cloud has a silver lining, and there is at least one potential plus-side to what we've been though over the past year. Read More