Reuters Money

Target date funds get better and bigger, report finds

October 18, 2011

Target date funds are getting better – and that’s good news, because they’re also becoming the 800-pound gorilla of the workplace retirement saving scene.

What next for long-term care after CLASS act folds?

October 17, 2011

Kathleen Sebelius, Secretary of Health and Human Services REUTERS/Joshua RobertsThe federal government threw in the towel on creating a public option for long-term care coverage last week, and that would seem to be definitive for now.

Educated and affluent = potential investing fraud victim

October 17, 2011

If you’re well-educated and affluent does that make you invulnerable to fraud? Hardly. If you’re willing to make high-risk investments to get high-return, there’s not only a target on your back, but experts say your personality types makes you susceptible to be taken.

Tactical asset allocation might become your new normal

October 17, 2011

Market volatility is like a headache that hangs on. The cure may lie in shifting your mind from keenly focusing on risk instead of returns.

Surveys say: Retirees are getting very nervous

October 17, 2011

Reference librarians are nothing if not precise, and Kevin Davey plotted his exit from the Chicago Public Library system with all the exactitude of a veteran fact-finder. His last day was Sept. 30 — just 48 hours after his 55th birthday and first day of retirement eligibility.

Occupy colleges? How to shut down student debt

October 14, 2011

Members of the Occupy Wall St movement hold signs aloft while demonstrating. REUTERS/Lucas Jackson One of the more compelling issues to emerge from the Occupy Wall Street movement is subject of crushing student debt.

Your retirement rollover decision could save you thousands

October 14, 2011

 


In the two decades that I’ve been covering personal finance, I’ve worked for three big companies. I like to practice what I preach, like in the video above, where I explain some simple ways that you can manage your 401(k) when you change jobs and potentially save yourself more than $60,000 in about 30 minutes.

How cuts to Social Security Administration will hurt you

October 14, 2011

Undated handout photo. REUTERS/ICE/Handout  “Starving the beast” is a favorite conservative strategy for forcing cuts in federal spending. The idea is to deprive the government of revenue in order to force spending cuts – and resistance to new taxes is a central feature of the current Super Committee deliberations in Washington.

Margaret Atwood on debt and consequences

October 14, 2011

Margaret Atwood REUTERS/handoutWhat might be most surprising about the myriad economic problems around the globe right now is how many major world economies seem to have been taken by surprise by the concept of debt. Maybe they should have been reading more Margaret Atwood.

Divorce stress meets recession mess, and women struggle

October 14, 2011

When Carol Meerschaert of Paoli, Pennsylvania divorced 10 years ago, she experienced first-hand how starting over as a single mom also means managing the money without any help.