Retirement: Interesting Stories from CNN Money

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Here is the latest Retirement News from CNN Money.

How to create a secure retirement plan If you want to make your retirement nest egg into something that approximates a pension, it’s time to think about annuities.

New Obama rule goes after shady financial advisers A new Fiduciary Rule from the Obama administration requires financial advisers to always act in the best interest of their client.

How many funds do you need for a diversified portfolio? The question shouldn’t be about how many investments; it should be about which type.

A universal retirement plan could be coming to California Access to a retirement-savings plan could get a lot easier for millions of workers in California.

Illinois Court: Don’t touch Chicago retirees’ pensions In a win for Chicago city workers and retirees, the Illinois Supreme Court ruled Thursday that their pensions can’t be cut by a law pushed through by Mayor Rahm Emanuel.

My IRA lost 9%. Should I rethink my retirement plan? It can be hard to watch the value of retirement account sink when the market drops, but it’s important not to panic.

Why dollar-cost averaging doesn’t make sense Once you’ve decided what stocks-bonds mix is appropriate for you, dollar-cost averaging isn’t a very good method for getting from where you are to where you want be.

Should I move my $500,000 retirement stash into annuities? In certain situations the right type of annuity can play a legitimate role in a retirement portfolio.

The safest place to stash your retirement savings The best way to protect your nest egg is by Investing your savings in a low-cost mix of stocks and bonds that’s conservative enough to afford reasonable protection from market turmoil but aggressive enough to generate the long-term returns you’ll need to achieve your financial goals.

Why too much guaranteed retirement income can be a bad thing Immediate annuities that turn savings into reliable lifetime income can be a useful part of a retirement strategy. But putting your entire nest egg in one would likely be a big mistake for the overwhelming majority of people.

10 best states for retirees If you’re looking for an affordable, safe place to retire check out these 10 states.

You could be making this 401(k) mistake If investing your retirement savings in a target-date fund, make sure to avoid this costly mistake.

Are you behind on retirement saving?

Can you build a $1 million nest egg from scratch at age 50? It’s a long shot. But whether you accumulate a seven-figure nest egg by the time you retire, depends on a number of factors, but mostly boils down to how diligently you save and how long you’re willing to continue working.

Is now the right time to invest in gold? Investing in a bit of gold as a way to diversify beyond a well-balanced portfolio of stocks and bonds can be a reasonable move, provided you do it the right way.

Why people are freaking out about cheap oil Cheap oil is great when it comes time to fill up at the pump. But the crash in energy prices is also rocking your retirement account, causing tons of job losses and raising the specter of a wave of bankruptcies in the oil patch.

A soon-to-be retiree’s guide to a crazy market Do this one thing before retirement, and you won’t have to panic every time the market falls.

How long will your retirement savings last? Instead of asking how long your savings will last, ask how long you should plan for your nest egg to last so it can support you throughout retirement.

How much do I really need to save for retirement? There is no accurate rule of thumb that could assure you’re saving enough to stay on track toward a secure retirement.

Budget deal could mean less Social Security for couples Read full story for latest details.

A secure retirement, no matter how long you live A longevity annuity is like an insurance policy that guarantees you won’t outlive your nest egg.

You can now sign up for Obama’s myRA retirement account Read full story for latest details.

Will the retirement 4% rule work for you? Read full story for latest details.

A 3-step retirement savings plan for 20-somethings Retirement planning is pretty straightforward, so you can easily pick up most of what you need to know as you go along.

Make sure your retirement savings last a lifetime Buying an annuity that generates lifetime income could be a good move. But before you commit any portion of your savings to an annuity, there are a few things to consider.

Our sons’ $189,000 student debt is delaying our retirement Read full story for latest details.

These countries will have the best pensions for millennials Read full story for latest details.

The 5-minute 401(k) investment plan Choosing funds for your 401(k) shouldn’t feel like picking out of a hat. Here’s a quick and easy way to invest in 4 steps.

Retired? How much money should you keep in stocks? Here are three methods retirees can use to decide on a stocks-bonds mix.

How to tell whether you can afford to retire early It comes down to how much annual income you can expect to count on the rest of your life and whether it would be sufficient to fund a retirement lifestyle you want.

How much income will I need in retirement? To determine how much you’ll need to cover expenses and maintain an acceptable post-career lifestyle, start by creating a retirement budget.

One easy way to grow your retirement income Cutting investment costs is one of the easiest ways to increase the amount of income you can draw from your nest egg without taking on extra risk.

How to get your retirement savings on track The start of the new year is a good time to take a fresh look at your retirement savings plan.

Don’t freak out about health care costs in retirement It’s tough to know how much money you’ll need for health care costs in retirement, but you don’t have to feel completely in the dark. Here are some things to keep in mind.

Best places to retire abroad in 2016 The top 10 places to retire abroad offer beachfront views, bustling cities, quiet villages — all with a lifestyle that costs a fraction of what you may pay in the U.S.

3 things you must do to achieve financial security Achieving financial security isn’t just a matter of making the right financial decisions. It’s having the grit and determination to stand by those decisions in challenging times.

Why investors should NOT panic Since World War II, investors who stayed in stocks for at least 15 years made money.

Some same-sex couples stuck in Social Security limbo Read full story for latest details.

Should I invest my nest egg like Warren Buffett recommends? In a previous shareholder letter, Buffett recommended investing 90% of your cash go into a low cost Standard & Poor’s 500 index fund and 10% into short-term government bonds. Is that a good retirement strategy?

How to get guaranteed retirement income for life Given how the market’s been misbehaving lately, it makes perfect sense that immediate annuities’ lifetime payments would appeal to retirees. Here’s what you need to know.

Why you should worry about cheap oil Cheap oil is great when it comes time to fill up at the pump. But the crash in energy prices is also rocking your retirement account, causing tons of job losses and raising the specter of a wave of bankruptcies in the oil patch.

Is now the time to put my retirement savings in stocks? Read full story for latest details.

Illinois can’t pass a budget and the most vulnerable are getting hurt Illinois’ largest provider of social services is closing 30 senior, counseling, rehab and prisoner re-entry programs and laying off 750 people because of the budget impasse.

 

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