Personal Finance Advice and Commentary

What would you prefer: A financial product providing a 4 percent return guaranteed not to lose value? Or would you rather invest in a product with an 8 percent return that is subject to the whims of the market and may lose principal as a result? Three out of four Americans (76 percent) voted for

Here’s some more retirement planning grist to consider if you’re dubious about the value of buying an immediate annuity to give yourself dependable retirement income. The National Retirement Risk Index, created by the Center for Retirement Research at Boston College, looked at preretirement incomes and calculated how much retirement income each household would need to