Pages
A retirement savings catch-up
Chris Farrell Dec 27, 2011
I am a 58-year-old female, currently employed. I've got approx $100,000 saved in a 401(k) plan. I've had to take out a student loan to cover the cost of one year toward my MBA, which I have completed. Because of the student loan, I've decreased the 401(k) contribution -- normally 25 percent of my pay -- to 6 percent. I'll have the student loan paid off by April 2012. Since I am worried sick that I won't have enough when I retire, do you have suggestions about how to catch up? Danica, Houston, TX
Retirement and creative spending
Chris Farrell Dec 19, 2011
We often forget how creative people are at coming up with solutions to problems. Retirement is no different. Many retirees find that they can make significant cuts in expenses without slashing their standard of living.
More Baby Boomers choosing not to migrate
Chris Farrell Dec 16, 2011
Many are now realizing they'll have to work through their retirement years, which means staying in the areas where they have their career networks, instead of moving to warm states like Arizona.
Getting Personal: Power of attorney, hemorrhaging 401(k)s
Dec 16, 2011
Tess Vigeland and Marketplace's economics editor Chris Farrell answer listeners' personal finance questions.
Work ‘til you drop?
Chris Farrell Dec 8, 2011
The catchphrase of the hour seems to be "Work 'til you drop." You know the refrain: Work is a social place. It provides a paycheck. An older worker with a job can delay drawing down savings and filing for Social Security. Yet working longer isn't for everyone -- far from it.
Age in place
Chris Farrell Dec 6, 2011
Working during the traditional retirement years means it makes sense to stay put and not pick up stakes when older.
Getting Personal: Money and your parents
Tess Vigeland Nov 25, 2011
Tess Vigeland and Marketplace's economics editor Chris Farrell answer listeners' personal finance questions.
Waiting on Social Security
Chris Farrell Nov 23, 2011
My husband switched 7 years ago to a job for which he does not contribute to Social Security. ... Does the age at which he retires affect the amount of Social Security he will receive? He no longer contributes to it and cannot build it up any longer. Thank you! DeDe, Cincinnati, OH
Working toward financial flexibility
Chris Farrell Nov 22, 2011
I max out contributions to my workplace 401K and a traditional IRA (I no longer qualify for a Roth). Should I be doing more to save for retirement? Are there other retirement vehicles available to me or should I continue investing in non-retirement accounts (e.g., direct purchase of mutual funds and/or stocks through my brokerage account)? Sandra, Silver Spring, MD
