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Adam J. Wiederman , Daily Finance The average 401 balance has nearly doubled from its 2008 lows to $94,482 according to the Investment Company Institute .
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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Connecticut Retirement Plans & Trust Funds, Hartford, agreed to commit a total of up to $125 million to Apollo Investment Fund VIII.
Since the Great Recession started nearly five years ago, the number of older Americans in the workforce has increased significantly.
PORT ARTHUR Dr. W. Sam Monroe, who has been a part of Lamar State College-Port Arthur for 49 years and held various leadership positions including president for the past 39, has announced he will retire effective Aug. 31, 2014.
Most black and latino workers have nothing saved for retirement and few have access to an employer-sponsored retirement plan, according to a new report that underscores how racial disparities in the U.S. economy haunt working people through all stages of life.
The New York Times recently wrote an article on what to do with your retirement plan if you change jobs .
The budget is just over $22 million and includes a general fund of $7,996,557. The budget will have a couple changes to it from previous years.
The nearly 20,000 people who have already retired from Contra Costa, Alameda and two other counties since more generous pension rules took effect in the late 1990s are unlikely to see their checks drop as a result of California's new anti-spiking pension law.
Amid cheers and song for the prisoner who became peacemaker, President Barack Obama energized tens of thousands of spectators and nearly 100 visiting heads of state Tuesday with a plea for the world to emulate Nelson... A Dale County man and woman are behind bars after officers noticed bite marks on an infant.
You know you should exercise, but the couch is so comfortable. And it's cozy under the blanket, especially this time of year.
Professor Shlomo Mor-Yosef, head of the National Insurance Institute addressed a committee Tuesday on the topic of, "The Turning Point in the Pension Market Changing Gears."
The conventional retirement planning wisdom may overstate how much Americans need to save by as much as 20 percent, according to a new research report by Morningstar Investments.
The Alzheimer's Association works to eliminate Alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health.
With the cost of attending a four-year college easily inching into the six figures these days, you might be tempted to dip into your retirement savings to help cover your child's education.
Ontario Premier Kathleen Wynne speaks has warned that Canada is headed for a "huge economic crisis" if the provinces and federal government don't take action now to improve retirement incomes."