Confidence can be a powerful force. RAND Corporation researchers have found that people who felt confident were more likely to plan for retirement than those who were more tentative. But confidence can cut both ways. More»
Men’s are bigger than women’s—401(k) balances, that is. But don’t let that fool you. When it comes to preparing for a secure retirement, women may very well have the edge—and men would do well to emulate them in several key areas.
Given how stock prices have surged the past five years, you didn’t exactly have to be a financial whiz kid to earn big gains. But this generous market won’t last forever. Sooner or later, it will give way to a stingier version that will not only giveth but taketh, a market that won’t be so forgiving about mistakes. Here are four tips that can help you prepare so you’ll be ready when the market gets tough. More»
There’s no shortage of things that can jeopardize your retirement security. Market slumps, job layoffs, medical expenses, an unanticipated spike in inflation, unexpected financial obligations…the list goes on and on. But as scary as these threats may be, they don’t represent the biggest danger to your retirement security. That would be… More»
Do you know what you’re doing when it comes to retirement planning? Or are you winging it? To see how much you really know about preparing for retirement—and pick up some tips that can help you improve your retirement prospects—check out this 10-question quiz. More»
It seems that every time the stock market hits a new high these days—or retreats from one—we hear rumblings of a potential crash. In an interview last week after the Standard & Poor’s 500 hit yet another peak, Yale professor Robert Shiller noted that stock valuations were near levels that preceded meltdowns in the past and thus were “a cause for concern.” But if you’re investing for retirement, should the prospect of a bear market give you a serious case of the jitters? More»
Despite what many Wall Street firms and advisers may suggest, you don’t need to stock your portfolio with an ever-expanding array of funds and ETFs to navigate today’s global financial markets. In fact, such a portfolio may do more harm than good. Here’s how to tell whether you’re diversifying or di-worse-ifying. More»