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Risky business: Tapping retirement funds for other uses

Nov 2, 2012
Increasingly, retirement funds are being used for anything but retirement. But there are huge risks involved with raiding your retirement to start a business or for private equity investments.
Increasingly, retirement funds are being used for anything but retirement. But there are huge risks involved with raiding your retirement to start a business or for private equity investments.
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Emergency fund in retirement

Jun 29, 2012
Your most recent program discussed the amount and kind of emergency funds needed for people working. My question is what those of us who are retired should consider for emergency funds. William, Schenectady, NY

Spending in retirement

Jan 18, 2012
I am 63 years old and hope to retire in 2 years. My wife and I have a 403(b) and a 457. Also we each have a Roth IRA and we both are covered by modest pension plans. By a lot of self-education (including Marketplace Money), we have done well accumulating our nest egg, but we're not sure how to transition to using our nest egg. Do you think we need a financial adviser to make this transition? If so, what criteria do we use to choose one? Perhaps more importantly, how do we learn to trust this person with our future? Thank you. Walt, Grove, IL