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"Baby boomers" may still outlive assets
NEW YORK (Reuters) - Even baby boomers who prune spending when they retire risk outliving their assets as they likely will live longer and experience volatile rates of both inflation and investments, a new study said on Monday.
Nations:U.S. Source:(Reuters)
2008-07-14
Ruined by 401[k] Predators
Stan Morrill was confident his nestegg would provide for him and his wife for the rest of their lives. After all, the Eastman Kodak veteran, a factory worker for 31 years, had attended the free financial seminar recommended to him by co-workers.
Nations:U.S. Source:(BusinessWeek)
2008-07-05
How to Enjoy a Scam-Free Retirement
Let's face it -- there are a lot of scam artists out there itching to get their grubby hands on your hard-earned nest egg. Don't fall prey to those "free lunch" seminars or "retire early" frauds. Here are some common schemes to avoid and Web sites that can help you stay out of trouble.
Source:(BusinessWeek)
2008-07-05
Will You Outlive Your Money?
Retirees with plump nest eggs are attractive targets for unscrupulous financial advisers who advise them to make unwise withdrawals. "The 'why work' pitch is epidemic," says Peter Moujay, a Pensacola (Fla.) attorney.
Nations:U.S. Source:(BusinessWeek)
2008-07-05
Don't Let the Rules Overtax Your Retirement
Due to common pension plan requirements and Social Security rules, ages 55, 60, 62, and 65 often surface as benchmarks in retirement planning. But planning for your 70th year and beyond could also be crucial because of Social Security and tax rules that change when you reach age 70 and 70.
Nations:U.S. Source:(BusinessWeek)
2008-06-11
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