Personal Finance Daily: College grads: Think about retirement now

Personal Finance Daily APRIL 16, 2012 Monday's Personal Finance Stories By MarketWatch Don't miss these top stories: College grads: Think about retirement now Auto Review: 2013 Volkswagen CC Sport Taxes: Are you paying your fair share? Taxes on mutual funds are a mess If I knew then what I know now … I'd be ready for retirement. That's the take-away from our Outside the Box commentary on MarketWatch about what college graduates should be doing. Guest commentator John Pelletier director of the Center for Financial Literacy at Champlain College, writes that college grads should be thinking about their retirement-savings plan as soon as they can get a job, and it should take priority over buying a house or a car. They can avoid a lot of the headaches their parents are suffering now if they start early. Also on MarketWatch, we have some great tax-related stories. Taxes, April 17, remember? You've probably taken care of all that, but look at Andrea Coombes's TaxWatch on who's paying what in federal taxes. She writes: Even as President Barack Obama pitches the "Buffett rule" to ensure that millionaires pay at least a 30% tax rate, some commentators are decrying the fact that about half of U.S. taxpayers don't pay any federal income tax. — Anne Stanley , managing editor, Personal Finance College grads: Think about retirement now Graduates, rid yourself of the notion that it's too early to think about retirement, so you can avoid the financial headaches Mom and Dad are dealing with. Read more: College grads: Think about retirement now. 2013 Volkswagen CC Sport Volkswagen's smooth-driving, luxurious CC Sport model will have neighbors guessing you paid far more than you did. Read more: 2013 Volkswagen CC Sport. TAXES Taxes: Are you paying your fair share? Even as President Barack Obama pitches the "Buffett rule" to ensure that millionaires pay at least a 30% tax rate, some commentators are decrying the fact that about half of U.S. taxpayers don't pay any federal income tax. But our system is more complex than any sound bite or simplistic headline can illustrate. Read more: Taxes: Are you paying your fair share? When can tax cheats relax? Is a tax sin haunting you? Whatever the misdeed, the approach of Tax Day is calling it to mind, raising an urgent question: When can you breathe easy? Read more: When can tax cheats relax? Taxes on mutual funds are a mess As mutual-fund investors put the finishing touches on their tax returns for 2011, they should also give up hope that the confusing, complex way funds are taxed will get better anytime soon. Read more: Taxes on mutual funds are a mess. INVESTING Curb your enthusiasm about Citigroup Citigroup Inc. (C) didn't have a "bad" quarter, but let's be honest: This bank has been given every advantage by regulators and taxpayers, and yet it produces flat results in a slow economy. This isn't Google or Apple, people. Read more: Curb your enthusiasm about Citigroup. ECONOMY & POLITICS U.S. retail sales rise sharply again in March Consumers spend freely for a third month in a row, government data show, as retail sales climb a higher-than-forecast 0.8% in March. Read more: U.S. retail sales rise sharply again in March. N.Y. manufacturing gauge slows markedly in April A reading of New York–area manufacturing conditions points to a significant slowdown in April, as purchasing managers report slowing shipment growth and falling unfilled orders. Read more: N.Y. manufacturing gauge slows markedly in April. Builder sentiment drops in April; first fall in 7 Home-builder sentiment drops in April for the first time in seven months, as growing traffic at new-build sites hasn't yet led to sales. Read more: Builder sentiment drops in April; fist fall in 7. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111