Retirement

  • Self-Directed Retirement Savers May Hit Hurdles When Seeking Help The Wall Street Journal - Sat, Aug 27, 2016 8:30 AM NZST

    New federal rules governing how people save for retirement may limit the guidance that investors managing their own individual accounts can get from providers. Rules handed down by the Obama administration in April, requiring brokers to put the interests of retirement savers ahead of their own, mostly will leave investors who manage their own individual retirement accounts untouched.

  • U.S. Nudges States to Help Private-Sector Workers Save for Retirement The Wall Street Journal - Fri, Aug 26, 2016 10:46 AM NZST
    U.S. Nudges States to Help Private-Sector Workers Save for Retirement

    WASHINGTON—The Obama administration on Thursday finalized a new regulation to encourage states to set up retirement savings plans with automatic enrollment features for private-sector employees, part of its push to promote Americans to build their own nest eggs to supplement social security. The rule, announced by Labor Secretary Thomas Perez and the White House, gives states a road map for establishing the retirement plans. Several states already have passed legislation to create their own vehicles to enroll workers who don’t have access to pension or retirement savings plans in the workplace.

  • IRS Eases a Costly Tax Pitfall for Retirement Savers Money - Thu, Aug 25, 2016 9:00 AM NZST
    IRS Eases a Costly Tax Pitfall for Retirement Savers

    Savers can now explain why they missed a 60-day window on IRA rollovers, instead of facing a tax bill.

  • Bernstein: Passive Investing Is Worse for Society Than Marxism Bloomberg - Wed, Aug 24, 2016 6:23 AM NZST
    Bernstein: Passive Investing Is Worse for Society Than Marxism

    At least it's an ethos.

  • Retirement-Planning Assumptions: Yes, You Can Be Too Conservative Morningstar - Mon, Aug 22, 2016 5:00 PM NZST

    The risks of oversaving and underspending are real, too.

  • Where's the Best Place to Park Your Cash? Morningstar - Mon, Aug 15, 2016 5:00 PM NZST
    Where's the Best Place to Park Your Cash?

    While nearly all of the major cash and cashlike instruments have done a good job of protecting investors’ capital over time, investors seeking an ironclad guarantee of principal preservation will want to focus on FDIC-insured investments. Building on 2010 rules passed in the wake of a large money market fund breaking the buck–or letting its net asset value drop below $1–during the financial crisis, the money market fund rules going into effect this year specifically aim to address the risk of heavy investor redemptions from a portfolio with constrained liquidity. Specifically, the rules require certain types of money market funds to use a “floating” net asset value, as well as to impose fees or install “gates” to stem outflows in periods of constrained liquidity.

  • MIT, NYU, Yale sued over fees for employee retirement plans Reuters - Wed, Aug 10, 2016 4:48 AM NZST

    Three well-known U.S. universities, MIT, New York University and Yale, have been accused of charging millions of dollars in excessive fees to participants in their retirement plans, according to federal civil lawsuits filed on Tuesday. The complaints against the three universities accuse them of breaching their fiduciary duties by causing the plan participants to pay millions of dollars in unreasonable and excessive fees for record keeping, administrative and investment services. In the Massachusetts Institute of Technology complaint, Fidelity Chief Executive Officer Abigail Johnson is singled out because she sits on the school's board of trustees.

  • How to Invest in Retirement U.S.News & World Report - Tue, Aug 9, 2016 1:00 AM NZST

    For people with many years left to work, the retirement goal line looks way off in the gloom. In real life, retirees are likely to go through several stages, each requiring its own preparation. Financial advisors have labeled them the "go-go," "slow-go" and "no-go" years.

  • Retiring next year? 8 money moves to make now Bankrate.com - Thu, Aug 4, 2016 10:00 PM NZST
    Retiring next year? 8 money moves to make now

    As life transitions go, retirement ranks way up there among the most challenging, both financially and emotionally. After a lifetime of work, you may have mixed emotions about retirement -- looking forward to not working but nervous about leaving your work identity behind. Because retirement can be so stressful, Jeff Vollmer, a financial adviser with Hyde Park Wealth Management in Cincinnati, advises clients to begin planning 5 years in advance.

  • Rough Guides to the Golden Years: Retirement Calculators The Wall Street Journal - Sat, Jul 23, 2016 12:39 AM NZST
    Rough Guides to the Golden Years: Retirement Calculators

    While assessing retirement calculators this past week, I plugged in my own information to see how much money I should sock away when one of the scariest things I’ve ever seen appeared on my computer screen. “To make a projection, you have to make lot of assumptions about past and future income based on current information,” said Anek Belbase, a research fellow at the Center for Retirement Research at Boston College. Online calculators rely on information provided by users that typically includes age, income, savings, monthly contributions and the age the person expects to stop working.

  • 10 Retirement Decisions You Will Regret Forever Kiplinger - Fri, Jul 8, 2016 4:40 AM NZST
    10 Retirement Decisions You Will Regret Forever

    As more and more baby boomers start eyeing the coastline of retirement, thoughts turn from the daily worry over the Monday-through-Friday commute to concerns about how to fund the golden years. How about your 401(k), IRA and other retirement accounts that make up your nest egg? Do you have a good handle on when to claim Social Security benefits?

  • Do 401(k) providers favor their own funds? The Wall Street Journal - Tue, Jul 5, 2016 3:20 PM NZST
    Do 401(k) providers favor their own funds?

    For many 401(k) retirement-plan participants, choosing the right fund can be hard enough. It gets even harder when they don’t have the best funds to choose from in the first place. New academic research shows that mutual-fund companies tend to favor their own funds when setting the menus for the 401(k) plans they administer.

  • This woman retired at 33 and is traveling the world without going broke feed_manager_auto_publish_494--autopubtest_WPTUMBLR_485 - Thu, Jun 30, 2016 5:41 AM NZST
    This woman retired at 33 and is traveling the world without going broke

    That is, unless you’re Anita Dhake, who retired from her law career at 33, packed up her stuff and started traveling the world. So far, she has visited countries like including China, Australia, Spain and Brazil, and doesn’t plan to stop until she has checked everything off her bucket list.

  • 7 Savvy Retirement Steps for Generation X Kiplinger - Wed, Jun 29, 2016 6:28 AM NZST
    7 Savvy Retirement Steps for Generation X

    Generation X is hitting middle age. While tax laws and Social Security rules may change by the time Gen Xers reach their golden years, the one thing that is certain is that saving aggressively for retirement now can help smooth the ride.

  • A Payout Limit on Social Security Benefits Kiplinger - Wed, Jun 29, 2016 4:35 AM NZST
    A Payout Limit on Social Security Benefits

    When a worker becomes eligible for social Security, other family members may qualify for benefits on that worker’s record, too. Although the family maximum can range from about 150% to 180% of a worker’s full retirement age benefit, the cap is typically 175%, says Jim Blair, a former district manager for an Ohio Social Security office and a partner at Premier Social Security Consulting, in Sharonville, Ohio. If you have two or more benefits coming off your record, the family maximum will apply, he says.

  • Aging parents: Your adult kids aren't total ingrates like you think they are Yahoo Finance - Wed, Jun 29, 2016 4:03 AM NZST
    Aging parents: Your adult kids aren't total ingrates like you think they are

    Adult children have their parents' backs, a new Fidelity survey says.

  • Court rules against PR in debt case feed_manager_auto_publish_494--autopubtest_WPTUMBLR_485 - Wed, Jun 15, 2016 3:05 AM NZST

    The Supreme Court ruled Monday that Puerto Rico can’t restructure more than $20 billion in public debt as it tries to overcome a decade-long economic crisis. The 5-2 ruling said that federal bankruptcy law bars Puerto Rico from enacting its own law to restructure the debt of its financially ailing public utilities. The decision means the U.S. territory must wait for Congress to pass debt-relief legislation that would address its fiscal woes.

  • Millions of Americans regret not saving for retirement earlier. Don't let it happen to you Yahoo Finance - Thu, May 19, 2016 3:43 AM NZST
    Millions of Americans regret not saving for retirement earlier. Don't let it happen to you

    18% of Americans say their biggest financial regret is not saving for retirement early enough.

  • Meet MyRA: You only need $1 to invest in this retirement account Yahoo Finance - Sat, May 14, 2016 6:38 AM NZST
    Meet MyRA: You only need $1 to invest in this retirement account

    Here's how MyRA helps workers save for retirement with as little as $1.

  • Financial stress kills our productivity. Yahoo Finance - Wed, Apr 20, 2016 9:22 AM NZST
    Financial stress kills our productivity.

    Nearly half of 1,600 workers surveyed said they’ve saved less than $50,000 for retirement. Here's why your boss should care.

  • BlackRock’s Larry Fink ruined my birthday Yahoo Finance - Tue, Apr 12, 2016 2:39 AM NZST
    BlackRock’s Larry Fink ruined my birthday

    BlackRock's Larry Fink warns that low interest rates are forcing savers to save far more than what is good for the economy.

  • It's about to get much harder for financial advisors to give bad advice Yahoo Finance - Sat, Mar 26, 2016 1:25 AM NZDT
    It's about to get much harder for financial advisors to give bad advice

    Any day now, the U.S. Department of Labor is expected to finalize new rules that would change the way financial advisors are allowed to give advice to their clients.

  • How to plan for retirement when you're five, 10, and 20 years away Yahoo Finance - Thu, Oct 22, 2015 6:31 AM NZDT
    How to plan for retirement when you're five, 10, and 20 years away

    How should you be planning for retirement when you’re five, 10, or 20 years away from leaving the workforce?

  • What are millennials really doing with their money? Yahoo Finance - Thu, Oct 8, 2015 3:27 AM NZDT
    What are millennials really doing with their money?

    Are all millennials clueless when it comes to their finances? We asked a few about their saving habits, whether they invest and if they know what a 401(k) is.

  • Here's how smart investors will react to this week's market drama Yahoo Finance - Tue, Aug 25, 2015 4:57 AM NZST
    Here's how smart investors will react to this week's market drama

    The stock market plunge doesn't mean it's time to start padding your mattress with dollar bills. Here's what investors should do:

  • What China's volatility means for U.S. investors Yahoo Finance - Thu, Jul 16, 2015 6:57 AM NZST
    What China's volatility means for U.S. investors

    Yahoo Finance explores how the recent volatility in the China stock market might be impacting U.S. investors.

  • State pension funds face $1 trillion funding gap Yahoo Finance - Thu, Jul 16, 2015 2:07 AM NZST
    State pension funds face $1 trillion funding gap

    When local pension fund shortfalls are factored in, the total pension funding gap surpasses $1 trillion, according to Pew.

  • For hot high-tech investment services, cash is trash Yahoo Finance - Wed, Jul 15, 2015 12:55 AM NZST
    For hot high-tech investment services, cash is trash

    New Automated investment platforms such as Betterment and Wealthfront view excess cash holdings as a drag on long-term portfolio performance. Will clients agree is markets turn south?

  • Money Minute: What happens when you take out a 401(k) loan? Yahoo Finance - Tue, Jul 14, 2015 8:18 AM NZST
    Money Minute: What happens when you take out a 401(k) loan?

    Before you borrow money from your 401(k) or ask for a hardship withdrawal, know the consequences. Yahoo Finance's Mandi Woodruff explains.

  • Money Minute: What's a smart way to invest my 401(k)? Yahoo Finance - Sat, Jun 27, 2015 1:40 AM NZST
    Money Minute: What's a smart way to invest my 401(k)?

    Yahoo Finance's Mandi Woodruff explains how to invest in your 401(k) in this week's Money Minute.

  • Take the Social Security quiz that 72% of Americans failed Yahoo Finance - Thu, Jun 18, 2015 1:26 AM NZST
    Take the Social Security quiz that 72% of Americans failed

    Take the Social Security quiz that 72% of Americans failed, by MassMutual.

  • Why Wall Street should bet on women Yahoo Finance - Fri, May 29, 2015 6:11 AM NZST
    Why Wall Street should bet on women

    In “Women of the Street: Why Female Money Managers Generate Higher Returns (and How You Can Too), renown hedge fund researcher Meredith Jones pinpoints what it is about women investors that gives them an edge.

  • Americans are deluded about when they will retire Yahoo Finance - Wed, Apr 22, 2015 8:44 AM NZST
    Americans are deluded about when they will retire

    Americans underestimate their retirement age by a lot, the 2015 retirement confidence survey by the Employee Benefit Research Institute found.

  • How Wall Street may threaten your pension Yahoo Finance - Fri, Apr 17, 2015 4:17 AM NZST
    How Wall Street may threaten your pension

    Fees paid to hedge funds and private equity firms could be coming out of retirees' pockets.

  • How to make a million after age 70 Bankrate.com - Fri, Apr 10, 2015 3:39 AM NZST
    How to make a million after age 70

    If you are entering your 70s and have scant savings, you probably have harbored fantasies of great wealth. But is the dream really over?

  • Attitudes Toward Retirement Are Shifting, Franklin Templeton Survey Finds Marketwired - Thu, Mar 26, 2015 2:17 AM NZDT

    More than half of Americans are considering working during their retirement, and not simply out of necessity, according to Franklin Templeton's 2015 Retirement Income Strategies and Expectations survey. ...

  • How Social Security benefits are calculated Yahoo Finance - Thu, Mar 26, 2015 1:43 AM NZDT
    How Social Security benefits are calculated

    How does the government calculate Social Security? Yahoo Finance's Mandi Woodruff has the answer:

  • This Is the Best State for Retirement in 2015 The Fiscal Times - Tue, Mar 24, 2015 7:30 AM NZDT
    This Is the Best State for Retirement in 2015

    Wyoming may have the smallest population in the nation at the moment – but it may not stay that way if America’s retirees read a new report from Bankrate.com. The report ranks the Cowboy State as the best state for retirement in 2015. Wyoming also topped a retirement list issued last year by the National Institute for Retirement Security and a separate list by Wallet Hub looking at the best places to retire for members of the military. Wyoming topped the list due to its low cost of living, crime rate and low tax burden.

  • 5 Money Moves to Help You Retire Sooner Credit.com - Mon, Mar 23, 2015 11:30 PM NZDT
    5 Money Moves to Help You Retire Sooner

    Some smart planning and sacrifice now can pay off big later, when you're ready to retire . . . and may help you be prepared sooner than you think!

  • Which do you value more, a vacation or an IRA? CNBC - Sat, Mar 21, 2015 5:22 AM NZDT
    Which do you value more, a vacation or an IRA?

    IRAs can't get any love from savers. A new survey finds only 8 percent of people named contributing to their IRA as their top savings priority.

  • How to Decide When to Retire U.S.News & World Report - Sat, Mar 21, 2015 3:27 AM NZDT

    Retirement tends to occupy a growing percentage of our thoughts as we approach age 65 . But just because you reach a particular age does not mean you should automatically retire. Some people may feel the ...

  • 5 money mistakes that could wreck your second marriage Yahoo Finance - Thu, Mar 19, 2015 4:25 AM NZDT
    5 money mistakes that could wreck your second marriage

    Nearly one in five Americans get married twice or more times in their lives, according to recent data from the U.S. Census Bureau. Here are common mistakes people make when they remarry.

  • Here's one way not to fall short on retirement $$$ CNBC - Thu, Mar 19, 2015 12:30 AM NZDT
    Here's one way not to fall short on retirement $$$

    A new study says fewer Americans are at risk for falling short in retirement-provided they can meet certain conditions. Are you prepared?

  • 10 Questions to Measure Your Financial IQ U.S.News & World Report - Wed, Mar 18, 2015 3:20 AM NZDT

    There's a storm of information and opinion that swirls around the Internet and the financial press concerning your retirement savings, and how to make sure you're financially secure after you leave the workforce. You can get more income from corporate bonds, municipal bonds, preferred stocks and high-dividend stocks.

  • 7 Money Moves for the 5 Years Before Retirement U.S.News & World Report - Tue, Mar 17, 2015 3:17 AM NZDT
    7 Money Moves for the 5 Years Before Retirement

    What you do in the five or 10 years before you retire can make a major difference in the quality of your life in retirement. No matter how much you have saved and prepared, you will still need to tick items off your retirement planning checklist. Take advantage of your last chance to improve your retirement portfolio. If you feel for any reason that your retirement portfolio will be inadequate for the retirement you hope to have -- or if you would like a little bit extra -- now is the time to make it happen.

  • Parents: Saving for retirement is more important than kids' college fund Yahoo Finance - Tue, Mar 17, 2015 3:12 AM NZDT
    Parents: Saving for retirement is more important than kids' college fund

    A T. Rowe Price survey found that most parents said they're willing to deplete their own retirement savings to pay for their children's college. Here's why that's a bad strategy.

  • A Purposeful Retirement Plan for 30-Somethings U.S.News & World Report - Tue, Mar 17, 2015 2:22 AM NZDT

    According to a 2014 study conducted by Voya Financial, 21 percent of retirees reported having less than $50,000 in total savings, while only one-quarter had a formal financial plan or written budget. Identify retirement dreams and goals. Although retirement is likely years away for the younger set, think now about your retirement dreams and goals. Once you've thought about how you want to spend your time in retirement, it's important to make a plan on how to accomplish these goals.

  • Last-Minute Ways to Improve Your Retirement Finances U.S.News & World Report - Tue, Mar 17, 2015 2:18 AM NZDT

    Here's how to fix your retirement finances after age 50. Workers age 50 and older can defer paying income tax on as much as $24,000 in a 401(k) and $6,500 in an individual retirement account, $7,000 more than younger workers are eligible to contribute to these retirement accounts. "It's not ideal, because $30,500 for a normal working family is a pretty big chunk of money," says Cathy Pareto, a certified financial planner and president of Cathy Pareto and Associates in Coral Gables, Florida. "People are selling their homes and moving to lower-cost areas and using the income to help finance their retirement," says Michael Stoll, a professor of public policy and urban planning at the University of California--Los Angeles.

  • The Free Money You Might Be Missing Out On Credit.com - Mon, Mar 16, 2015 11:00 PM NZDT

    If your employer offers a 401(k) match, you'd be wise to figure out what you need to do to collect that available cash.

  • 5 Ways to Help Your Parents Retire Credit.com - Mon, Mar 16, 2015 12:00 AM NZDT

    The people who taught you to walk and talk and kept you fed and sheltered may need some retirement planning help from you now.

  • 10 Strategies to Save for Retirement on a Low Income U.S.News & World Report - Sat, Mar 14, 2015 8:30 AM NZDT
    10 Strategies to Save for Retirement on a Low Income

    The Senate Special Committee on Aging recently held a hearing about retirement preparedness, and witnesses shared ideas for encouraging saving. You can do this by setting up a direct deposit to a 401(k), IRA or other savings vehicle. "Automatic enrollment can be a powerful tool for increasing the number of Americans saving for retirement and other purposes," says Michal Grinstein-Weiss, an associate professor of social work at Washington University in St. Louis. Automatically increase your savings rate.

  • 5 Ways to Stay Strong in Retirement U.S.News & World Report - Sat, Mar 14, 2015 3:57 AM NZDT
    5 Ways to Stay Strong in Retirement

    Since most people who retire at 65 can look forward to 20 or more years of retirement, we want to be healthy and strong enough to make the most of our second act. While we have no control over the genes we inherited or the unexpected circumstances we might encounter in retirement, we can still play a role in improving the quality of our retirement. Here are some strategies to maintain your physical and mental strength throughout retirement. Exercise and healthy living should be a lifetime commitment.

  • I asked three robots how I should invest, got three different answers Yahoo Finance - Sat, Mar 14, 2015 2:19 AM NZDT
    I asked three robots how I should invest, got three different answers

    With Schwab's entry into the automated investment business, so-called "robo-advisors" are arguing over the best way to run a portfolio. I checked with three to see how their advice for me stacked up.

  • The 100-Year-Old Portfolio: Investments for a Long Life U.S.News & World Report - Fri, Mar 13, 2015 2:56 AM NZDT

    But for baby boomers heading into retirement in relatively good health and determined to stay that way, living to 100 is an increasingly likely possibility. "You think, I'll be old, active and I'll have money," says Jan Blakeley Holman, director of advisor education for Thornburg Investments, a money management firm based in Santa Fe, New Mexico. The old notion was to stop working the day you turned 65 and coast quietly on a fixed income from a pension, Social Security and a few modest investments. A Pew Charitable Trusts March 2015 survey of 7,845 people, taken between Nov. 6 and Dec. 3 of last year, found that 53 percent of Americans expect to shift into a new type of work in retirement.

  • Don't Fall for These 5 Retirement Fallacies U.S.News & World Report - Wed, Mar 11, 2015 3:24 AM NZDT

    For example, the 4 percent rule says you can safely spend 4 percent of your assets every year adjusted for inflation. Social Security will pay your bills. The average Social Security retirement benefit is $1,328 a month. The pundits have declared that inflation is dead, and now they worry about deflation -- an actual decline in the cost of living.

  • Lawmakers look to increase Oregonians' retirement savings Associated Press - Tue, Mar 10, 2015 2:52 PM NZDT

    Democratic lawmakers are promoting legislation that would automatically enroll thousands of Oregon workers in retirement savings accounts, a move that proponents said Monday would help ensure nobody is ...

  • Author of “The Millionaire Next Door” dies — 7 key insights from his book Yahoo Finance - Tue, Mar 10, 2015 10:39 AM NZDT
    Author of “The Millionaire Next Door” dies — 7 key insights from his book

    Thomas Stanley, author of “The Millionaire Next Door,” died recently in Atlanta, Ga. Here are 7 key insights from his most popular book.

  • 4 Serious Retirement Plan Errors to Avoid U.S.News & World Report - Tue, Mar 10, 2015 3:08 AM NZDT
    4 Serious Retirement Plan Errors to Avoid

    Tax-advantaged retirement plans provide many workers with a chance to save for the future and reduce their tax bill at the same time. Employer-sponsored retirement plans are easy to use, and many contributions are deducted from paychecks, so the investing becomes automatic. One of the biggest mistakes we make when planning for retirement is failing to set aside enough money. Contributing as much as you can to your tax-advantaged retirement plan will allow you to grow your wealth as efficiently as possible.

  • Should You Ever Tap Into Your 401K? Credit.com - Tue, Mar 10, 2015 12:30 AM NZDT

    If you need to borrow money — and you have a significant amount in your 401(k) plan, is it ever smart to use it before retirement?

  • 3 Important Ways to Protect Your Retirement Savings U.S.News & World Report - Sat, Mar 7, 2015 8:14 AM NZDT

    A recent report from President Obama's Council of Economic Advisors concluded that inappropriate investment advice is costing retirement savers $17 billion per year. Some investment brokers have a financial incentive to recommend the products and services that will make them the most money, rather than the investments that will produce the best outcome for the client. "There are also financial advisors who received back door payments and hidden fees for steering people into bad retirement investments that have high fees and low returns," said President Obama in a recent speech at AARP. If a retiree receives conflicted advice when rolling a 401(k) balance over to an IRA upon retirement he or she will lose an estimated 12 percent of the value of the account while drawing it down over 30 years.

  • How to Extend Your Retirement Honeymoon Period U.S.News & World Report - Sat, Mar 7, 2015 4:13 AM NZDT

    The beginning of retirement can be wonderful. You have survived the rigors of the working world, raised a family and hopefully put aside enough to subsidize exactly the lifestyle you want . Now you can ...

  • How to Make Your Retirement Income Last U.S.News & World Report - Fri, Mar 6, 2015 3:19 AM NZDT
    How to Make Your Retirement Income Last

    Picture this: You've worked hard your entire life, saving diligently for retirement. A nationwide survey of 1,000 adults, released last month from TIAA-CREF, shows that although a majority of Americans understand the importance of receiving guaranteed monthly income in retirement, 38 percent, have analyzed how their savings would translate into a regular "paycheck" in their golden years. You only get one shot at retirement, and you need to get it right. This means that as you approach retirement, you'll move away from equities and start investing more in bonds, so as to lessen your overall risk.

  • Pension gender gap shrinking, but remains AAP - Thu, Mar 5, 2015 9:16 PM NZDT

    Women still face significantly bigger challenges to funding their retirement than men - but the pension gender gap is shrinking. According to an annual state of retirement report from LV=, women who have occupational or private pensions are reaching retirement with pots worth on average STG107,000. One in four (23 per cent) women approaching retirement has only the state pension to rely on, compared with less than one in 10 (nine per cent) of men, according to the study. The report warned that both sexes are facing a STG3,744-a-year shortfall between what they need to live on during their retirement and what they will actually have.

  • Shotover Country pursues retirement village operator Fuseworks - Thu, Mar 5, 2015 7:44 AM NZDT

    Shotover Country is actively pursuing an operator for a retirement village, in a bid to enable long term Wakatipu residents to remain in the district, rather than being forced to relocate to other areas. A 3.9ha site in the new residential subdivision, set aside for a retirement village, has been under offer to a New Zealand company with a track record for providing boutique retirement living. "While this is obviously disappointing we are hopeful that other suitable operators will approach us with a view to establishing the Wakatipu’s first retirement village," says Sharyn. More than 50 people are already on the Shotover Country database indicating they would sign up for a place in a retirement village at the earliest opportunity.

  • A To-Do List for the Year You Retire U.S.News & World Report - Thu, Mar 5, 2015 4:08 AM NZDT
    A To-Do List for the Year You Retire

    Many people claim they don't earn enough to contribute the maximum amount to their retirement accounts, but the year leading up to retirement is the perfect time to stash away as much cash as you can. Or you could put the money in a Roth account and pay the tax now so that you can take tax-free withdrawals later on in retirement. Use this time to start trying out your retirement spending plan.

  • What to Do When Your 401(k) Doesn't Cut It U.S.News & World Report - Thu, Mar 5, 2015 3:39 AM NZDT

    Yet there comes a juncture when any plan's investment formula must be questioned, and possibly retired in favor of something better. "Answering the question, 'What's the best allocation for me?' can be daunting," says Dirk Quayle, founder, president and board member of NextCapital, a digital advice firm based in Chicago. "A 401(k) plan to the new investor is much like putting a person into the cockpit of an airliner with no training," says Bijan Golkar, CEO, senior advisor and principal with FPC Investment Advisory in Petaluma, California. Before your autopilot 401(k) falls short of the retirement runway, it pays big to take the helm and enact course correction while there's still time.

  • Women Retire With Half The Pension Pot Men Get Sky News - Thu, Mar 5, 2015 2:05 AM NZDT
    Women Retire With Half The Pension Pot Men Get

    A new report has revealed the scope of the gender disparity in pension savings and income. Funding retirement remains a significant challenge for many women. According to the annual State of Retirement report by LV=, women who have occupational or private pensions reach retirement with pots worth on average £107,000. Nearly a quarter of women approaching retirement are set to rely solely on the state pension, which is currently a maximum of £113.10 per week.

  • 5 Ways to Boost Your Retirement Savings Credit.com - Thu, Mar 5, 2015 1:30 AM NZDT

    Even if you are just beginning your career, it's not too soon to start saving for retirement. But how do you even start?

  • 1 in 5 Americans Plan to Work Till They Die Money Talks News - Wed, Mar 4, 2015 9:59 PM NZDT

    According to a new study from The Pew Charitable Trusts, 21 percent of Americans said retirement is not an option, and they’re going to spend their golden years toiling away at work. The report, which is based on information from focus groups and a survey of more than 7,000 households, also revealed that just 26 percent of Americans are planning a traditional retirement, where they leave their job and spend their days doing whatever they want. Some people really enjoy working and imagine working for a great deal longer, whereas the reluctance to retire for other people reflects their income and retirement savings shortfalls. Many people feel like all their money is going to making ends meet and having enough money to save for retirement seems like a stretch.

  • Women Face Poorer Retirement, Research Shows Sky News - Wed, Mar 4, 2015 9:43 PM NZDT
    Women Face Poorer Retirement, Research Shows

    A new report has revealed the scope of the gender disparity in pension savings and income. Funding retirement remains a significant challenge for many women. According to the annual State of Retirement report by LV=, women who have occupational or private pensions reach retirement with pots worth on average £107,000. Nearly a quarter of women approaching retirement are set to rely solely on the state pension, which is currently a maximum of £113.10 per week.

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    SPY.NZ
    0.46-0.02-4.17%
    GFL.NZ