Retirement

Pages

A retirement savings catch-up

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
Posted In: Savings, Retirement, retirement savings, Education

Retirement and creative spending

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.
Posted In: Retirement, retirement savings, spending

More Baby Boomers choosing not to migrate

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.
Posted In: Retirement, baby boomers

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.
Posted In: powers of attorney, Retirement, Investing

Work ‘til you drop?

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.
Posted In: Retirement, retirement savings, Work

Age in place

Dec 6, 2011
Working during the traditional retirement years means it makes sense to stay put and not pick up stakes when older.
Posted In: baby boomers, Retirement

Living in the fertile void

Dec 2, 2011
The movement toward second and third careers
Posted In: Retirement, Work, aging

Getting Personal: Money and your parents

Nov 24, 2011
Tess Vigeland and Marketplace's economics editor Chris Farrell answer listeners' personal finance questions.
Posted In: parents, Personal Finance, Retirement

Waiting on Social Security

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
Posted In: Social Security, Retirement

Working toward financial flexibility

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
Posted In: Savings, Retirement, retirement savings, Taxes

Pages