investment

MyRA — Thumbs Up or Thumbs Down?

Posted on 01/30/2014 by | Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsA day after President Barack Obama gave the go-ahead for the Treasury Department to create a “starter” savings account, experts are weighing whether it will be worthwhile or just another ignored investment tool. Critics note, for instance, that the so-called myRA will do little to overcome the huge shortfall in retirement savings among so many workers. The conservatively invested accounts, though they won’t lose money, won’t make much of a return, either. And the myRA is voluntary, so it’s unclear …

Timing of Fiduciary Rule for Retirement Plans Questioned

Posted on 01/15/2014 by | Money and Work | Comments

Bulletin Today | WorkIf you have a 401(k) or other retirement plan, you may be waiting even longer before new government standards are imposed that require your financial adviser to act in your best interest. The U.S. Department of Labor was in the final stages of preparing a proposal that would establish a so-called fiduciary standard for retirement plan advisers, which means they’d be required to put their clients’ financial interests ahead of their own when offering investment advice. A number of consumer groups …

Want Returns of 50% or More? Don’t We All.

Posted on 09/23/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsEven in this rock-bottom interest-rate climate, three of four Americans over the age of 65 rely on investments to help maintain their fixed income. So the appeal by hucksters who promise higher-than-average returns (think Bernie Madoff) may even be more enticing. Financial fraudsters know this. They also know that older adults have a lifetime of earnings to pluck from. That’s why they’re more likely to target adults 65 and older than younger people, using direct mail solicitations and the old-fashioned …

Start Me Up: Fund Boomer Entrepreneurs

Posted on 11/28/2012 by | AARP Blog Author | Comments

Work  So many boomer entrepreneurs these days, so little venture capital interest.  Despite a growing number of boomer entrepreneurs starting up businesses, investors like the very public Vinod Khosla refuse to believe in funding companies started by people over the age of 35. He not only does not seem to recognize the age advantage that older entrepreneurs may have, he seems to get a kick out of letting us know – first from a podium in Bangalore, no less — …