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How to start investing for retirement in your 50s
Tess Vigeland Apr 27, 2012
In our weekly letters segment, CBS MoneyWatch Editor-at-Large Jill Schlesinger discusses retirement investing strategies for late-starters.
Retirement savings is gone. Now what?
Chris Farrell Apr 28, 2012
Hi. I'm 53 years old and have had to go through the little bit of my retirement savings. Now, I have $5,000 to start something, as far as retirement goes. What should I do? I do not have anything through work. Actually, my workplace is on brink of closing right now. Lisa, Louisville, KY
To buy or to wait
Chris Farrell Apr 27, 2012
My wife and I are having a disagreement and I hope you can help settle it. We're looking at houses below $100,000. After having looked at our options, I want to wait a year and build up our savings so we can put enough money down without completely wiping out our savings. My wife is concerned that, due to a recovering housing market, it will be more expensive in the long run if we wait, and that will be worth the short-term risk. Should we wait or go for it now? Andrew, Milwaukee, WI
It's all about you -- really
Chris Farrell Apr 25, 2012
I'm putting the max allowed in my retirement accounts, and it's invested fairly conservatively in index funds. I lost a bunch of money in the tech stock crash in the early 2000s, which makes me hesitant to dump more money in the stock market. I own an apartment and don't really want more exposure to real estate, either. I'm starting to build up enough cash that I don't want to just leave it in my savings account. The only debt I have is my mortgage, and while I have decreased the balance on it, the interest rate is so low that it seems like there must be something better I can do with the cash. Any suggestions? Kira, Washington DC
Teaching kids to be financially literate
Adriene Hill Apr 23, 2012
Launched in the aftermath of the riots that tore Los Angeles apart in 1992, Operation Hope has been educating young people about money and its power to elevate us.
Financial literacy: No time like the present
Chris Farrell Apr 20, 2012
Commentator Chris Farrell thinks there's no time like the present to get smart about your finances.
Too much going into retirement accounts?
Chris Farrell Apr 20, 2012
Outside of my 403(b) Base Program, which my employer matches 10% to my 5%, how much should I sock away in a 403(b) Supplemental? Currently, I contribute 5% to a 403(b) Supplemental, for a total of 20% of 110% of my paycheck. I fully fund a ROTH IRA every year, so I am wondering if I should be saving more of my paycheck to a more liquid asset. Michael, Haslett, MI
Where today's Americans are investing their money
Frank Newport Apr 19, 2012
Hint: It's not the stock market.
Experiment before picking up stakes
Chris Farrell Apr 17, 2012
I'll be retiring in a few months and my husband is already retired. We are thinking of selling our home in Florida and moving to California to be closer to our children and grandchildren, who live in Los Angeles. Another option might be to keep the house in Florida, buy an RV and camp out in an RV park in California until we wear out our welcome. What are some of the pitfalls that we should try to avoid? Nancy, Milton, FL
Surprising new emerging market investment destinations
John Dimsdale Apr 13, 2012
A new report says that countries like Mexico, Nigeria and Turkey are joining China, India and Brazil as the hottest countries for emerging private equity market investment.
