Reuters Money

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.

Tempted to bail on stocks? Learn this lesson from 2008 data

August 18, 2011

Past performance is no guarantee of future results, as the saying goes. But a new Fidelity Investments analysis of what’s happened to retirement investors’ portfolios since the 2008-2009 market crash is worth considering if you’re tempted to pull money off the table during the market’s current volatility.

Retirement investors suffer as economy catches up to Wall Street

August 9, 2011

Retirement investors have struggled with a Jekyll and Hyde economy these past two years, where Dr. Jekyll lives very well on Wall Street while Mr. Hyde runs roughshod over a terrified Main Street.

Stable value funds facing extinction, despite popularity (CORRECTED)

August 4, 2011

Who wouldn’t want to get a significantly higher yield than a plain-vanilla money market fund — but with limited risk? Most of us in 401(k)s and other tax-deferred savings plan will recognize the stable value fund option as the let-you-sleep-at-night investment.

Gen”Why?”: Balancing your finances with boomerang kids

July 22, 2011

Fred Amrein has three children in their early 20s: the youngest lives in college dorms, the middle lives at home and the oldest — soon to be married — recently moved out.

Schwab plan points toward a changing 401(k) market

June 10, 2011

Charles Schwab has long been a leader in low-cost retail investing. Now, it’s gearing up for a run at the 401(k) market by hitching its wagon to two ideas whose time may have come: low-cost passive investing and investment advice for plan participants.

Should the U.S. Treasury sell annuities?

May 25, 2011

Here’s an out-there idea whose time has probably not come, at least not yet: What if, instead of (or in addition to) floating bonds, the federal government sold retirement annuities?

Workers stashing money in 401(k) plans at record rates

May 24, 2011

Thanks to automatic enrollment and an improved stock market, employees are stashing money in employer-sponsored retirement plans at a record-high rate, according to a new Aon Hewitt study.

Most Americans find their retirement goals unattainable: study

April 5, 2011

A man waits during a job fair at the Southeast LA-Crenshaw WorkSource Center in Los Angeles November 20, 2009.  REUTERS/Mario Anzuoni If you’re feeling discouraged about reaching your ambitious retirement goals, rest assured you are not alone.

Pros beat the little guy in navigating 2008 bear market: survey

March 10, 2011

MIT Sloan Fellows participate in a simulated stock market during classes at the Massachusetts Institute of Technology Sloan School of Management in Cambridge, Massachusetts July 23, 2009. REUTERS/Brian Snyder Step one: Take professional money managers responsible for the portfolios of large pension funds, and throw them into a vicious bear market.