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including your Social Security and a pension (if you have one) -- to retire comfortably. A few years ago, the financial services company ING created a humorous advertising campaign around "Your Number." Here's how one ad went: Neighbor: "Hey Clark,
About 60 percent of U.S. workers said they have less than $25,000 in savings and investments, according to an Employee Benefit Research Institute survey...About half of all U.S. workers don't have access to a retirement savings plan through their
tool goes here A ruthless job market, suffocating household debt and a shocking decline in the stock market have left millions of Americans feeling fragile and with little confidence they will ever have the money to retire.
The percentage of workers who said theyre not at all confident about having enough money for a comfortable retirement grew to 27 percent from 22 percent in 2010, according to an annual survey of workers and retirees released Tuesday. Thats the
It's been a long time since I could say that; like most Americans, my 401(k) took a serious beating in 2008 when financial markets collapsed. But when I opened my annual statement for 2010 I found my balance has now climbed above its peak from 2007.
After the job and investing horrors of the past three years, many Americans fear that in retirement they will end up like Old Mother Hubbard. But while their cupboards are likely to contain more than a bone, a sobering study released last week shows
On the bright side, that's down from the estimate seven years ago. In 2003, 59% of early boomers ran the risk of running short of money in retirement...Of course, the chances that any individual will run short of cash varies according to how much he
It was the one-year anniversary Tuesday of the day the stock market began to heal from its 57 percent downturn, and a traditional gift on such occasions, appropriately, is paper. Although the stock market has climbed 69 percent since March 9, 2009,
Workers who said they had less than $1,000 jumped to 27%, from 20% in 2009. Confidence in ability to save enough for a comfortable retirement hovered at 16% of respondents, the second lowest point in the 20-year history of the survey...The percentage