pension

7 Alternatives to Investing in the Stock Market

The stock market is a great investment if you have a long time horizon. But should you stick with stocks once you retire? Most financial advisers recommend cutting back on equities as you get older -- but that money has to go somewhere productive. Here are seven investment alternatives.

Retirement Savings by Age: How Do You Compare?

How much do people have saved for retirement in their 30s? In their 40s? In their 50s? LearnVest conducted a nationwide survey to find out. Wondering how your portfolio balance stacks up? Take a look at the breakdown and find out.

U.S. Postal Service to Default on Second $5 Billion Retiree Payment

The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay, is sounding a new cautionary note that having squeezed out all the cost savings within its power, the mail agency's viability now lies almost entirely with Congress.

Want to Retire Early? You Don't Need Riches

One in five Americans plans to retire before age 65, according to a new study, and they're not just the ultra-wealthy. There's hope for everyone to bail out of the daily grind before age 65, if they adopt the behaviors and attitudes of these savers.

Borrowing From Retirement Plans Hits New Highs

Like a tree laden with ripe summer fruit, plump 401(k) accounts can appear as tempting sources for an easy loan, especially when other financial resources have dried up. And more people than ever have been plucking from that tree. It's not always the wrong move, but here's why it should be a last resort.

Seven Rules for a Secure Retirement

We are witnessing what could be a watershed moment when it comes to planning for a secure retirement. Millions of Americans were already alarmingly...

State Worker Retirements Are Soaring Across the Country

As wages and benefits shrink, state workers are retiring in droves. On top of all the layoffs, these retirements amount to a huge brain drain of government employees, and the problem is likely to get worse given the yawning budget gaps of states from coast to coast.

Surviving an Accidental Retirement

Lots of folks have reached retirement by surprise, thanks to the Great Recession. So, if you're scrambling to come up with a Plan B and plug the financial gap created by an unexpectedly early end to your career, here are some good ideas.

The Price of Aging: Will It Break National Budgets?

Thirty out of 49 major developed countries could see their credit ratings plummet to junk status if they don't make changes soon, says a Standard & Poor's study. The biggest problem is health care spending on the elderly, particularly for long-term care.

Ford Earnings Likely to Weaken in 2011 on Higher Costs

Ford earnings are expected to be weaker next year due to higher costs for pensions and materials, according to a research note released Wednesday by Credit Suisse Securities. Forecasts call for pretax income from Ford's North America operations to fall to $4.2 billion in 2011 from $4.8 billion this year.

Retiring to make more money

With the economy sputtering, many employees are retiring to make more money. Many, like my husband, worry that retirement benefits will change in...

Tap runs dry for Molson retirees

Retirees from Molson Brewing Company in Canada are learning that their retirement benefits are being cut and the worst news is that they can't even...

Rick Wagoner's golden retirement

As General Motors (GM) former CEO Rick Wagoner says his farewells at the company where he has worked for over thirty years, he is not receiving the...