Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
With "tariff man" President Trump waging a tariff war and Democratic candidates pushing against big international deals, free trade has become politically homeless, writes...2020 Electionsread more
Since the Cambridge Analytica scandal in March 2018, Facebook has suspended tens of thousands of apps stemming from an investigation into its developer ecosystem.Technologyread more
The former top aide of retired United Auto Workers Vice President Joe Ashton, a former member of the GM's board, was charged Friday with conspiracy to commit wire fraud and...Autosread more
Stocks fell to their lows of the day on Friday on news that Chinese trade officials are cutting short their visit to the U.S.US Marketsread more
The wearables company has retained advisors to consider exploring a sale of the business.Technologyread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Greer cited a study that compared two people retiring just two years apart; the first one in a market downtown and the second in an upturn. She said the impact can be "huge."
Fifteen years later, if you look back, "that person who retired and took withdraws during that early period can have two-thirds less" for the rest of their lives, Greer said on "Squawk Box."
Greer also talked about the results of another study, conducted by AIG in January, saying 79 percent of investors are concerned about a stock market decline, with good reason.
The stock market hit records in late January but plunged shortly thereafter. It took until the summer to eclipse those all-time highs. But earlier this month, the market came under severe pressure on fears of rising interest rates. Trading has been highly volatile ever since.
The AIG data also showed 61 percent of those surveyed said their "greatest fear" is outliving retirement savings.
The best way to fight off that anxiety is to develop other sources of protected lifetime income like a pension or an annuity, "things that you can rely on that are stable that are going to give you a monthly check for life," Greer said.
"You can cover your expenses and then you don't have to do the withdraws," she added. "Otherwise, you're going to have to withdraw right at the wrong time."
That's important for the aging U.S. population where 1 in 4 adults will soon be of retiring age, Greer said.