saving for retirement

Retirement Savings Basics: The 411 on 401(k)s

Saving for retirement is one of those things that can be hard to take seriously when you're young. But it's worth starting early, and DailyFinance wants to help. In this first installment of a three-part series, reporter Loren Berlin reviews how to get the most out of a 401(k).

Why Young Workers Want a Good Old-Fashioned Pension

The conventional wisdom is that young people today expect they'll change employers repeatedly, and thus don't really care about pensions. But it turns out the conventional wisdom is wrong. With 401(k)s looking less secure, a defined-benefit plan is a real lure for younger workers.

10 Things You Don't Want to Tell Yourself About Money

When it comes to money, mindset really matters. What you tell yourself over and over again becomes what you do -- over and over again. Don't fall into the trap of shoddy thinking: Here are 10 bad memes that can seriously mess up your financial health, and advice on how to avoid them.

Don't Gamble When It Comes to Your Retirement

Are you on the right financial path to retire with dignity -- or are you more likely to run out of money and spend your "golden years" dependent on family or the government to cover monthly expenses? A "Monte Carlo analysis" can help you determine how much money you may need, and how much you should save.

How to Take a Required IRA Distribution

Required minimum IRA distributions are back this year. If you're out of practice -- or making a required distribution from your IRA for the first time -- here's what you need to know.

How Can U.S. GDP Grow If Consumers Become Savers?

The consumer savings rate jumped to 6.4% in June, the highest it has been in a year. But this isn't exactly good news. Sure, it's a natural response to the crisis, but it's spending that drives GDP growth. So where will the next GDP growth surge come from? Our writer's theory: Corporate fear.