News on Retirement continually updated from thousands of sources around the net.
38 min ago | Investopedia
In general, the earlier you start saving for retirement, the easier it will be to afford, given the number of financial obligations that tend to be incurred at that later period in your life. A closer look at the interesting aspects of compounding will illustrate Consider two hypothetical twins, Earl and Lance.
4 hrs ago | SFGate
HORAN, a leading advisor in employee benefits and financial services, is proud to welcome Paul Carl as Vice President - Retirement Services. Paul works with corporations and individuals to deliver investment and retirement planning.
8 hrs ago | Real Estate Investing for Real
Many of my old school clients, though keenly interested in the concept of discounted notes secured by real estate, wonder why I counsel them to add notes to their overall Purposeful Plan . It's entertaining to watch them slowly transition into complete discounted note evangelists, at which point they wonder why they even own as much income property as they do.
12 hrs ago | Fraserburgh Herald
A North-east doctor has retired after 35 years as a GP at Crimond Medical Centre and more than 12 years as company doctor at Score Group in Peterhead. Dr Robert Murray's retirement was marked on Friday, September 5 with a stovie dance at the Tufted Duck Hotel, St Combs.
17 hrs ago | South China Morning Post
The California Public Employees' Retirement System, the largest US pension fund, is pulling out the US$4 billion it has invested in hedge funds because it finds them too costly and complicated. The US$300 billion fund, known as Calpers, invests with firms including Och-Ziff Capital Management, Deepak Narula's Metacapital Management and Bain Capital's Brookside Capital and said it planned to take the money out over the next year.
19 hrs ago | Seeking Alpha
Most individual investors lost 40%-50% of their capital in the 2008 market collapse. Most threw up their hands, never to return to the marketplace.
As of 2011, The Investment Company Institute reports that the 401 plan retirement system holds over $3,000 billion in assets, over 50% of which are found in stock-based mutual funds. Despite their popular use, many investors are uncomfortable with them and unfamiliar with the "rules of the road" when it comes to the proper care and feeding of your retirement nest egg.
Nineteen retirement villages and aged-care facilities from Canterbury to Auckland will consider a proposal to amalgamate ownership and list on the NZX. They would unite under a corporate entity, Hercules Ltd, and existing shareholders would have an interest in the enlarged group.
Come November, the retired state government employees would be able to avail cashless healthcare services. The Mukhyamantri Chikitsa Sahayata Kosh entails free medical services for them at state-run hospitals.
In 2013, ownership of retirement accounts by U.S. households fell below 50 percent, continuing a downward trend. And if you're a lower-income individual, the retirement participation percentage was even lower, at 40 percent -- an eight percentage point decline since 2007.
President Barack Obama is lending his voice to national radio ads by the Democratic National Committee, seeking to motivate African-American, female and other voters who tend to sit out midterm elections. The first ads, aimed at African Americans, started running Monday and are part of a coast-to-coast buy worth more than $1 million.
Senatorial candidate Gary Peters told The Detroit News he will not be selling his stock in Total S.A., an oil company profiting from pet coke. In an article appearing in yesterday's newspaper , Peters was responding to claims from the Terri Lynn Land campaign that Peters is being hypocritical by claiming she is being backed by campaign contributors that profited off petroleum coke that had been stored in the Detroit area.
Thirteen percent of working adults think they will never be able to afford to retire, according to a new survey. What' more, on average, most of us figure we'll work until age 68. That's not just depressing.
Maintaining a balance in taxable, tax-deferred and tax-free accounts can help to decrease your tax bill in retirement. If you do all of your saving for retirement in traditional 401 s and individual retirement accounts, you could face hefty required withdrawals in retirement that bump you into a higher tax bracket.
If your employer offers a 401 match, do what you can to meet it. That's free money for your nest egg.
Jack Tatar is the author of the book, "Safe 4 Retirement: The Four Keys to a Safe Retirement" which takes a holistic approach to retirement that considers not only the financial aspects but the need to focus on health, wellness, mental attitude and staying involved as keys to living a long and safe retirement. Jack is a former Financial Advisor and current CEO of GEM Research Solutions, a leading market research firm focused primarily on the financial services industry.
At first glance, the news appears good: Comparatively few households headed by older Americans carry student debt compared with other types of debt, according to a new report. The U.S. Government Accountability Office found that about 3 percent of households headed by those age 65 or older - about 706,000 households - carry student loan debt.
Updated: Tue Sep 16, 2014 10:06 pm
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