Until we retire we are all preretirees. So this article applies to you unless you’re already retired. However, my fundamental focus here is the mistakes people make in the last 10 years before they retire. Here’s why this is a critical time: If you’re 10 years out, or even five,Read More →
The thrust of a recent Investment Company Institute (ICI) study, “Who Participates in Retirement Plans, 2016,” seems to be “Don’t worry if young people and others aren’t saving for retirement. Retirement saving isn’t high on their agenda. They will start saving when they feel they need to.” This sanguine assessmentRead More →
More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts. The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000 of debt, between the loan for his Nissan XTerra NSANY, -4.54%Read More →
Play to save. That’s the name of the game for some people looking for easy incentives to stash away a little extra cash without thinking twice about it. Before Mike Pearson, 37, and his wife planned a trip to the Bahamas last year, they downloaded a savings game app thatRead More →
Patty Angeles got the deal of a lifetime when she went shopping two years ago for secondhand furniture for her new apartment. The 25-year-old from Austin, Texas picked up almost-new shelves — and a fiancé. “We tell people we met on an app,” Angeles told MarketWatch. That’s true, but notRead More →
Don’t miss these top money and investing features: Stories connecting with readers this past week include our “Best New Ideas in Retirement” series, which offers solid, straightforward tips to help with your retirement planning. Check out why you should save at least 10% of your income to ensure a financiallyRead More →
“Eventually, I’ll stop working.” Most of us think that and know it will happen, but millions of us worry whether we’re saving enough to live on once we do. We want to know: How much of my earnings should I set aside? What’s the magic number? 3%? 5%? 10%? More?Read More →
The good news: Americans are saving more than they ever have for retirement. The bad news: They’ll probably need to save even more. Employees contributed an average of $2,370 per account to their 401(k) plans in the first quarter of 2019, a record level and 15% more than one yearRead More →
Don’t miss these top money and investing features: Stories engaging MarketWatch readers this past week include a couple of doses of hard retirement reality: What to do if you are over 50 years old and have no retirement savings, and what you give up by retiring early. Both situations callRead More →
MARKETWATCH FRONT PAGE Stocks typically decline the day after the clocks change, writes Mark Hulbert. See full story. On bull market’s 10th anniversary, can stock investors shrug off latest gloom? More dismal China data, a dovish about-face by the European Central Bank and a lackluster U.S. jobs report all leftRead More →
