WASHINGTON, Oct 24- The U.S. Treasury Department said on Friday it was tweaking its policy for retirement funds to encourage savers to buy annuities, a measure aimed to keep them from outliving their savings. The department and the Internal Revenue Service will let retirement funds offer long-term deferred annuities as a default investment in 401 retirement...» Read More
After plummeting in the wake of the financial crisis, spending on nuptials resumed its rise in 2010, and is once again approaching the record set before the financial crisis.
Making periodic adjustments to your asset allocation is a wise move, and should be part of your overall retirement strategy.
The average 401(k) balance hit a record high of $80,900 in the first quarter, according to Fidelity Investments.
Web-based portfolio-management tools combine powerful analytics with flat fees. But is that enough to move private investors online?
The new retirement age is getting younger for many Americans who can least afford to retire. African-Americans retire earlier than the general population, despite leaner nest eggs.
Everyone's goal is to retire a millionaire, but too many personal finance headlines want to sell you on the idea that there's a surefire method for incubating the million dollar nest egg.
Many financial advisors like ETFs, which offer low fees and trading ease, but ETFs are not perfect for all occasions.
There's a lot at stake in how we plan for retirement, and most of us can't afford to screw up. Here are the top mistakes, according to financial planners.
Retirees are increasingly moving where daily bills are lower in order to crank up the purchasing power of Social Security, pension or annuity payments.
Early Boomers may be on track to retire with enough savings for their golden years, a new Pew study finds. But Gen-Xersare in for a world of hurt.
Retiring at an average of 61, Americans plan to stay on the job until 66, according to Gallup, an uptick that predates the 2008 recession.
The president's investment decisions are sensible even to a fault, with a largest position in U.S. Treasuries.
A 65-year-old couple retiring this year would need $220,000 on average to cover medical expenses, an 8 percent decrease from last year's estimate. But most people estimate just a fraction of that.
For most of us, retirement planning involves dreaming. But a new survey shows that reality can intrude in unexpected and expensive ways.
A new study finds that taking care of their family's needs is impeding women's ability to save for retirement.
You might think that being a stay-at-home mom is a choice. In fact, many moms are staying at home with their kids because they can't afford to work.
The summer job market looks relatively sunny, including for young entrepreneurs. But teen job seekers will be competing with older workers for seasonal slots.
The slowing growth in prices has further emboldened the Fed to maintain its bond buying.
A rising population of working seniors will bring stronger economic growth if companies can retool to accommodate an older workforce, the Fiscal Times reports.
Americans typically work at seven different companies during their career, and most of them have something to show for each stop—untouched 401(k)s that can come back to bite you.