Find out how planning now can help you and your parents navigate financial waters later USAA Magazine Winter 2008-2009 On his 70th birthday, USAA member Leonard Ratzman didn’t have a will or any kind of estate plan. “I suddenly realized that the worst thing I could do as a father is to pass away and leave […]
Sometimes it pays to get back to basics. Read Published Article Buy the Book on Amazon.com In Bailout: What the Rescue of Bear Stearns and The Credit Crisis Mean for Your Investments, USA TODAY investment columnist John Waggoner provides sensible, specific steps to help investors navigate through not just the rescue of Bear Stearns […]
How Much Do You Need to Retire? By Kerry Hannon Read Published Article Jeffrey Jacobi, a Katy, Texas, air conditioning contractor, plans to retire soon. Or he did. He’s not so sure now, given the current economic crisis. The 66-year-old has been steadily socking away enough savings to let him and his wife enjoy the equivalent […]
Read Published Article Buy the Book on Amazon.com Ever wonder what pulses through your brain when money comes your way —— $300 on the sidewalk or when your 401(k) perks up? Jason Zweig explores that topic in Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich. Now, you […]
Prudent hedges keep rising prices from gnawing at your nest egg Read Published Article It’s been a rough year for retirees—and those eyeing retirement. Crashing stocks have slammed retirement account values. Falling house prices are shuttering dreams of selling the big family home, buying a less expensive pad, and pocketing the excess to shore up […]
Moving into a new field later in life can be fulfilling. Here’s how to do it Read Published Article A New York investment banker becomes a small-town chef. A techie turns acupuncturist. An entrenched corporate exec accepts an early retirement package and converts to the ministry. Longer life spans, concerns about outliving retirement savings, and […]
The transitional years require a change in your financial mind-set Read published article Uneasy about the future, many new or prospective retirees figure it’s time to purge their portfolio of risk (translation: growth stocks) and shift the money into conservative, income-producing investments such as bonds, dividend-paying stocks, and bank certificates of deposit.
At 60, Diane Fuchs knows a little bit about investing for retirement. The Washington, D.C.-based employee benefits attorney has a 401(k) plan, a mix of IRA accounts—and a good sense of discipline about protecting her retirement funds. Yet six months ago, worried about a tumbling stock market, Fuchs anxiously considered selling off all the equities […]