How Normal Are Your Finances? (Infographic)
When it comes to money, there's really no such thing as normal. What we can tell you, though, is what other people are doing, so you can gauge "normal" for yourself.
When it comes to money, there's really no such thing as normal. What we can tell you, though, is what other people are doing, so you can gauge "normal" for yourself.
When it comes to their finances and retirement plans, women need to be better prepared and better organized than men. But as a group, they're actually falling behind in money management and investing. Here's how to start changing that.
The Roth IRA is one of the best retirement vehicles around, thanks primarily to its terrific tax advantages. The only problem is that some people earn too much, and aren't qualified to contribute directly to one. Fortunately, there's a way around those restrictions.
When it comes to the problems that arise in old age, married retirees can usually rely on their spouses for support. But for singles, handling the golden years can be more problematic. Here's a rundown of how to be ready:
As baby boomers start hitting age 65, putting off retirement for a few years has become all the rage. But even if you're pessimistic about your financial prospects, you may not need to wait as long as you might think to retire securely.
When investors open their 401(k)statements this fall, they'll finally be able to see in detail how previously hidden fees have been chipping away at their retirement savings. That's a good start: Here's how to let that news shock you into action.
Between battles over Social Security, disappearing pensions, and faltering 401(k)s, the path to a secure retirement is tenuous at best. And for many of us, there will be an extra complication: facing old age solo.
The Online 401(k) team is back from their cross-country documentary trip to investigate our nation's soured financial dreams. And whatever else Americans are running low on, there's no shortage of pessimism about our retirement prospects.
401(k) plans are under fire for their high and often-hidden fees, which rob employees of their investment returns. But don't blame your employer -- when it comes to understanding the retirement plans they offer, the bosses are just as much in the dark as workers are.
Imagine what life would be like if we tacked 15 years onto the official retirement age -- it's not a particularly far-fetched scenario. AIG CEO Robert Benmosche has warned that Europe may have to do just that, and the U.S. will soon face a similar crisis.
Low interest rates have made life a lot easier for many borrowers struggling to make monthly payments. But for retirees, who have to live off their portfolios, low rates have caused huge problems.
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Saving for retirement using your company's 401(k) plan has perks that make most advisers recommend it unconditionally. But your 401(k) plan may be ripping you off in ways you don't even recognize.
One of the hardest decisions parents have to make is whether to put money toward their kids' college educations or toward their own retirement. But as emotionally charged as it may be, the answer is a no-brainer.
Using the Social Security Administration's online system, you can run tailor-made scenarios showing how much you'll get from the government benefit when you retire. And from there, you can plot out your master retirement plan.














