nest egg

Free Resources For Managing Your 401(k)

Posted on 06/10/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsNeed help with retirement? The do-it-yourself investor can find plenty of online resources to help with retirement and other types of financial planning. Fidelity Investments in Boston offers a variety of tools, including some to help you devise a plan to pay off debt or decide whether to convert to a Roth IRA. Baltimore-based T. Rowe Price’s Retirement Income Calculator can project how much you will need in retirement vs. how much you will have, while Valley Forge, Pa.-based Vanguard’s Retirement …

Which Retirement Personality Fits You?

Posted on 06/6/2014 by |Money and Work | Comments

Bulletin Today | WorkThe notion of retirement, in which decades are devoted solely to leisurely pursuits, is evolving. In the future we’ll be hard-pressed to find older folks perpetually lazing on the beach, taking up their days with golf or tennis, or lounging around the house. Instead, most retirees will be working. At least, that’s one of the findings from a new Merrill Lynch/Bank of America survey of 7,078 people, including 1,856 working retirees and about 5,000 who are nearing retirement or retired …

Planning for a Strong Financial Future

Posted on 04/15/2014 by |AARP Blog Author | Comments

Money & SavingsBy Lee Baker, CFP One of my favorite things as a child was reading comic books. To be honest, if I had more free time, I would probably read them now. Like me, most of you probably remember the Charles Atlas ads in comic books and other magazines. You know the story: A bully kicks sand in a skinny kid’s face. Deciding to do something about it, the skinny kid sends for a free book from Charles Atlas that promises …

Lucky Workers Snare More Company Cash for Their 401(k)s

Posted on 03/24/2014 by |Money and Work | Comments

Bulletin Today | WorkRemember when AOL announced recently that it would pay its 401(k) matching contributions to employees in a lump sum at the end of the year, rather than during each pay period, potentially costing employees’ retirement nest eggs thousands of dollars? If workers left in November, they’d lose out on nearly a year’s worth of company contributions. Those who stayed forfeited any gains made throughout the year. The tech company was forced to reverse its policy after an outcry by employees. (Criticism …

Are You Planning to Work Into Your Retirement Years?

Posted on 05/24/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsThree-fourths of employed adults plan to keep working past retirement age, many because they want to, according to a new Gallup poll. “‘Retirement’” once connoted a lifestyle free from the demands of work, but also reliance on personal savings and Social Security,” Gallup noted. “Both of those impressions may change if Americans carry through on their intent to continue working, at least part time, after reaching retirement age.” And that could be a good thing, according to Gallup. “While this …

Retiring Later? Join the Club

Posted on 05/17/2013 by |Who's News | Comments

Bulletin Today | WorkThe brutal economic downturn that began in 2008 and the subsequent sluggish recovery has thrown a cold splash of reality on many Americans’ dreams of a comfortable, stress-free retirement. So it’s probably not much of a surprise that Americans are now retiring at an older age than they did just a few years ago, and that most of us expect to keep working to age 65 or older. The big surprise, though, according to Gallup’s newly released annual economic and …