Last week, the US Department of Labor announced new rules that are designed to provide better information on retirement investment accounts for all workers. The two new rules are designed to enhance retirement security and transparency for the millions of workers covered by 401(k), pension and other retirement arrangements. The announcement was part of the […]
Category: Retirement
The latest Zillow Real Estate Market Report shows that home values across the country declined again in the 4Q of 2009, marking the 12th consecutive quarter of year-over-year declines. The report shows that home values in 29 of the 143 markets tracked by Zillow have flattened or have begun to decrease again after showing at […]
What’s a senior to do with their personal finances today with the stock and housing markets in the gutter? The Boston Center for Retirement Research recently released a working paper entitled “How Seniors Change Their Assets Holdings In Retirement” that examines the changes from 1998 to 2006 in the asset holdings of those who were […]
The recently released survey entitled “Financial Capability in the United States” by the FINRA Investor Education Foundation and developed in consultation with the U.S. Department of the Treasury and the President’s Advisory Council on Financial Literacy shows that less than half of all working Americans have ever tried to figure out how much they need […]