Tag Archives: retirement

16-YEAR-OLD MADE $43,000 ON THESE STOCKS IN 3 YEARS

- By : MMEadmin

Sudarshan Sridharan may not have been old enough to drive a Tesla, but that didn’t stop him from profiting on the stock. Unlike most 16-year-olds, Sridharan manages about a quarter of a million dollars of his parents’ retirement money. It

PENSIONS MAY BE CUT TO ‘VIRTUALLY NOTHING’ FOR 407,000 PEOPLE

- By : MMEadmin

One of the biggest private pension funds in the country is almost out of money, and fresh out of options. The Central States Pension Fund has no new plan to avoid insolvency, fund director Thomas Nyhan said this week. Without

4 WAYS TO TELL IF YOU’RE FINANCIALLY READY FOR RETIREMENT

- By : MMEadmin

A recent study put together by Go Banking Rates says Americans are not in a good place when it comes to saving for retirement. Patrick Jones (@Patrick_E_Jones) explains. Buzz60 Do you have enough money to retire? That’s not an easy

STABILITY AND LIQUIDITY: MONEY MARKET MUTUAL FUNDS

- By : MMEadmin

During the late 1990s, money market mutual funds offered an annual return of around 5% (see graph). This made them attractive to investors, including retirees and pre-retirees who wanted to preserve principal while earning a modest return. After an uptick

RETIREMENT PLANNING FOR THE 51%: 3 RIIA SPEAKERS WEIGH IN

- By : MMEadmin

What are the typical financial and nonfinancial needs of women preparing for retirement? How might those needs change over time and impact the retirement plan? Which specialists should insurance and financial service professionals be partnering with to best serve women

UNDERSTANDING RMDS

- By : MMEadmin

Tax-deferred plans can be a great way to save money for retirement, but you can’t defer your tax liability forever. Once you reach age 70½, you must begin taking required minimum distributions (RMDs) from these plans each year or face

5 STEPS TO RETIREMENT INCOME

- By : MMEadmin

You’ve saved for years. Now that retirement is here (or near), how do you create an income plan from your savings? There are five steps. We, as an industry, constantly talk about the need to save for retirement. Put money

HOW MUCH SHOULD A YOUNG WORKER SAVE FOR RETIREMENT?

- By : MMEadmin

Starting young is smart, but how much should you really save for retirement? CNN Money helps find an answer. I’m a 22-year-old college grad who has recently started his first full-time job. How much should I be thinking about retirement

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