Wealthy Workers Are Seriously Underestimating Their Retirement Needs
More than 80 percent of workers earning $115,000 say they are prepared for retirement -- but they think they'll only need $66,000 per year to live on.
retirement
Financial Advice for the Sandwich Generation
Between "boomerang" children moving home on the one hand and financially dependent parents on the other, the Sandwich Generation could use a break -- and some sound advice.
Powerball Bounces to $600 Million: Here's Your Lottery Lowdown
Cross your fingers: Saturday's Powerball drawing could win somebody $600 million or more. But before the numbers are drawn, let's review some real-world lottery facts.
Despite Stock Market Gains, Workers Worry About Retirement
The stock market has climbed back to a record high, but workers remain pessimistic about having enough money for retirement, a survey finds.
It's Not Too Late to Start Saving for Retirement
The single most effective thing workers can do to increase their chances of having a secure and comfortable retirement is to start saving -- now.
Washington Lawmakers' Pensions: The Envy of a Nation
For all the talk you hear from Capitol Hill about running government more like a business, Congress has a retirement plan that would make any Fortune 500 executive blush.
Do We Need to Be Forced Into Saving for Retirement?
With battles raging over Social Security and millions of Americans facing underfunded retirement, are mandatory savings accounts the solution to America's retirement woes?
One Third of Parents Are Raiding Their Retirement to Pay for College
A new study shows that one third of parents plan to raid their retirement accounts in order to help pay for their children's educations.
Watch: A Publisher's Clearing House Winner Thinks About the Future
For a Louisiana couple, a Feb. 28 visit from the Publishers Clearing House van carried with it an instant transformation from penny pinchers to millionaires. In an exclusive interview with DailyFinance, Elise Gutierrez laid out some of her savings plans for the future.
The Impending Economic Cliff Almost Nobody's Talking About
The Washington Post's Michelle Singletary calls it the "caregiver cliff." It's what will happen to the U.S. economy as a result of millions of caregivers "taking time off from work, and thus risking their jobs, or tapping into their limited resources to provide care."
Americans Still Aren't Saving Enough
Many Americans are still failing to sock away enough money to pay for retirement -- or emergencies for that matter, according to a survey. Only half of respondents reported good savings habits, including having a spending and/or saving plan in place.
3 Social Security Shockers From the CBO's Latest Report
The Congressional Budget Office has updated its projections for the Social Security Trust Fund, and the news isn't good. If you're still working, and expect Social Security to cover a major portion of your retirement needs, you'll want to see these numbers.
Don't Make These Five 401(k) Excuses
You can put off cleaning the bathroom or mowing the lawn without severe problems. But waiting to increase your retirement account contributions could have serious consequences. Don't let these excuses keep you from upping your 401(k) contributions now.
Retirement Planning: The 'Magic Numbers' Are Different for Everyone
The experts have a host of different opinions about how much you should save for retirement, and all of that conflicting advice is part of the reason why only 58 percent of us are saving for retirement at all. But let us let you in on a little secret ...
Why Aren't You Raising Your Financial IQ?
In the game of life, education is by far the most important variable dividing those who play well from those who don't. And that applies to financial literacy too: The more you know, the better your money and investing decisions, and the more wealth you'll accumulate.