"What private equity does is raise money from pension funds -- and it invests that money to buy companies," says Steve Schwarzman, Blackstone Group chairman, CEO & co-founder, explaining the merits of private equity and why the PE industry hasn't done a better job marketing.
For baby boomers, helping aging parents can be overwhelming. Experts offer tips on navigating affordable options, including in-home care and new "granny pods."
Assisting aging parents can be overwhelming and scary. Experts offer suggestions on navigating affordable options beyond nursing homes and assisted living centers. What have you done?
Secure, steady and safe. Those three words once associated with the rules of retirement investing no longer hold true, as many retirees have been forced to assume more risk than they would like.
The stock market meltdown that accompanied the financial crisis of 2008-2009 took a big bite out of Americans' retirement savings, forcing some to delay their retirement dreams.
From collecting Social Security too soon or having too much of your nest egg in bonds, these mistakes can take a bite out of your standard of living.
While all eyes on Wisconsin, two less noticed local elections in California could have bigger ramifications for struggling state and local governments and for organized labor.
In San Diego and San Jose, voters appeared to approve ballot measures designed to help balance ailing municipal budgets by cutting retirement benefits for city workers.
With residential real estate prices still historically low in traditionally alluring retirement spots, baby boomers have been shifting their investment capital from the stock market to a second home.
From academics to athletics to the arts, theme-based communities are drawing retirees who want to share more than the beach, bingo and breakfast buffets.
Congress has changed its mind frequently in recent years about inheritance taxes, and will need to decide again this year.
For those who retire with enough money to cover all their needs, you want to know how to give away as much as you can to loved ones without anyone paying any taxes.
Public pension funds across the country are facing a painful reckoning. Their projections look increasingly out of touch in today’s low-interest environment, and pressure is mounting to be more realistic, the New York Times reports.
Your social security benefits are tax free but other income is not. Should retirees have to pay taxes on that income?
Unfortunately, many people decide to retire without really thinking through the decision, and that can have dire circumstances.
Okayama Metal & Machinery has become the first Japanese pension fund to make public purchases of gold, in a sign of dwindling faith in paper currencies. The Financial Times reports.
Some company retirement plans have changed with the times, allowing investors to dabble in commodities and real estate. Others have not, hurting diversification.
Some play the grandparent, some claim to cure illnesses that conventional medicine can’t. Others offer ways to make a quick buck to augment your savings.
New age increases have been proposed in the federal government's continuing effort to keep the retirement system on sound economic footing.
Military families worry about plenty of things, but their retirement plan usually isn't one of them – until now.