Fewer younger workers are saving for retirement today than a decade ago, prompting some financial leaders to call for mandated retirement saving beyond Social Security. Many financial advisers aren't convinced it's a good idea.
As the economy slows, Beijing leaders try to push a 'China dream.' In the US, the 'American dream" has shifted to a desire for economic security. The two global giants need watching as their values norms shift.
401(k) limit for 2012 tax year will be $17,000. IRS raising 401(k) contribution limit by $500 a year to account for inflation.
Seniors have always been among America's most committed voters. But starting in Election 2010, and continuing for two decades, their political power is expected to reach new heights.
Close to half of Americans between the ages of 36 and 62 are at risk of not having enough money set aside in a retirement plan, according to a new report.
A typical couple retiring this year will get $400,000 in Medicare benefits in their lifetimes. But they'll spend another $200,000 on health care themselves.
American workers are ill-prepared for retirement.
With no COLA adjustment this year, the Obama administration is right to give seniors a $250 boost.