Retirement
Save now, Girls!
I came across an article on SmartMoney.com the other day titled “The Girl’s Guide to Retirement,” and there are some interesting numbers in the article that caught my attention.
Mark Your Calendar: Free Financial Advice on Retirement from Kiplinger and NAPFA
This is what I found from Kiplinger's Personal Finance website. On Thursday, September 21 and Friday, October 6 (only these two days), Kiplinger's Personal Finance and the National Association of Personal Financial Advisors (NAPFA) will hold Kiplinger's Jump-Start Your Retirement Plan Days and members from NAPFA will answer your questions on retirement planning for free [...]
Earned More and Kept More?
Obvious?
Maybe not, at least according to a Money article I read today. The article showed what a money manager at Vanguard has observed from people participating in Vanguard 401(k) plan:
People with median assets of $200,000 have median income of $69,000, and
People with median assets of $38,000 have median income of $83,000
And what made the difference [...]
Understanding M*’s Star Rating
If you are a mutual fund investor, chances are you have seen Morningstar’s star rating every where, on fund family’s website, on Yahoo! Finance (where you can find a comprehensive list of funds and fund families), even on funds’ ads. Common sense tells us a fund with five stars should outperform a two-star fund, the [...]
Highlight Of Changes In Pensions
From AP, major changes in the new Pension Bill include:
Requires employers with defined-benefit plans to make sufficient contributions to meet a 100% funding target and erase funding shortfalls over seven years.
Forces employers with “at-risk” plans to make accelerated contributions. Under one scenario, a plan is deemed at-risk if it falls below 70% funded status using [...]
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