Retirement

2:41am

Fri May 3, 2013
Your Money

John Bogle's Latest Advice: A 'Gatekeeper' For Your Nest Egg

Originally published on Fri May 3, 2013 10:14 am

John Bogle, founder of The Vanguard Group and president of the Bogle Financial Markets Research Center, says the government should set standards to protect Americans' retirement savings.
Mark Lennihan AP

Mutual funds, which have topped $13 trillion, are the way many Americans interact with the financial markets. You may have come across mutual funds when you set up an individual retirement account or a company-sponsored retirement account like a 401(k).

A "basket" of stocks, bonds or both, mutual funds are seen as safer to own than individual stocks. Having many in one basket spreads the risk, especially over time. But high fees, lack of diversification, or a focus on short-term gains can put your nest egg at risk.

Read more

5:09am

Sun April 28, 2013
Your Money

What's Changed About Saving For Retirement?

Originally published on Sun April 28, 2013 4:40 pm

Transcript

RACHEL MARTIN, HOST:

We wanted to hear what younger people are thinking about when it comes to retirement and the viability of Social Security. Here's reaction from 20- and 30-somethings in Nashville, Tennessee.

ROD KELLY: I don't expect it to be there and I'm not planning on it to be there. I'm doing what I can right now to put into, like, IRA, you know, or Roth funds to make sure that I don't have to depend on it.

Read more

6:45am

Tue April 2, 2013
Financial Basics For Baby Boomers

Deciding The Right Time To Claim Social Security

The importance of making a smart decision on how and when benefits are claimed can't be underestimated, says Mary Beth Franklin of Investment News.
iStockphoto.com

When it comes to claiming Social Security benefits, there is no magic age. Today's boomers can begin collecting full benefits at 66, tap in early for a modified benefit at 62 or delay receiving benefits until 70.

But the importance of making a smart decision on how and when benefits are claimed can't be underestimated, says Mary Beth Franklin of Investment News.

Read more

1:33am

Wed March 27, 2013
Financial Basics For Baby Boomers

Planning For Retirement When Savings Fall Short

Originally published on Wed March 27, 2013 6:04 am

For most Americans, the math for a comfortable retirement may never add up.
iStockphoto.com

1:55am

Thu March 14, 2013
Working Late: Older Americans On The Job

A Retired Chicago Cop's Second Act Is At A Barbershop

Originally published on Thu March 14, 2013 6:43 pm

Richard Piña, 69, with customer Augustin Bustos at Rich's Den barbershop in Calumet City, Ill. Piña, who retired from the Chicago police force 12 years ago, works at his shop four or five hours a day.
Beth Rooney for NPR

Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce.

Read more

Pages