ETFs are becoming more popular in employer retirement plans, and they offer some advantages over mutual funds.
In Friday’s blog post, called “Averting retirement disaster,” I described the risk-averse approach to retirement planning that Erin Botsford writes about in her book, “The Big Retirement Risk: Running Out of Money Before You Run Out of Time.” I’ll reiterate: It’s a must-read for those who are approaching retirement. If you don’t want to subject
More than 500,000 General Motors’ retirees and surviving spouses have been given a chance to buy shares in GM’s initial public stock offering. It’s a chance to buy in at the offering price, which GM said Wednesday will be $32 to $33 per share. In all, GM expects to sell as many as 478 million
Over the past two years, the floundering national economy has put many people’s retirement planning on hold. It’s hard to move forward when home prices are unstable, Social Security seems undependable and investment and interest rates show no signs of improving. I think John Kalamarides, senior vice president of retirement strategy and solutions at Prudential
Before you turn over your retirement savings to an investment adviser, hammer out a retirement plan that confirms the kinds of investments you are interested in making and the level of risk you are willing to take. Fort Lauderdale, Fla., securities fraud attorney Mark A. Tepper has made a career out of representing people who