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Monday, June 11, 2012

Personal Finance Daily: 4 ways to avoid your own retirement crisis

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MarketWatch
Personal Finance Daily
JUNE 11, 2012

Monday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
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Don't miss these top stories:

Some Americans may be better prepared for retirement than they realize. Andrea Coombes writes in her Ways and Means column that a recent study from the Employee Benefit Research Institute shows more than half of people age 38 to 65 are saving enough to cover their basic retirement costs. While the other half may be facing challenges in saving enough for retirement, that doesn't mean they can't take a few simple steps to get on track. Read Andrea's column for four ways to avoid your own retirement crisis.

Also on MarketWatch, Glenn Ruffenach writes about how retirement savers may be able to take control of their own 401(k) plans. Used with caution, such a strategy may help investors get a jump on building their retirement funds.

Anne Stanley , managing editor, Personal Finance

4 ways to avoid your own retirement crisis

While some people face a troubling retirement outlook, there are at least four easy steps they can take to get their savings on track and avoid their own retirement crisis.
Read more: 4 ways to avoid your own retirement crisis.


Here's how to take control of your 401(k)

Chances are good the funds in your 401(k) yield only about 2%. Here's how you can take direct control of your nest egg at work, choosing investments beyond the two dozen or so mutual funds that most employers offer in their savings plans.
Read more: Here's how to take control of your 401(k).


Counting on an inheritance? Count again

Baby boomers: Get ready for a double whammy. For years now, there's been a lot of talk about boomers getting tremendous windfalls as their parents pass on.
Read more: Counting on an inheritance? Count again


Infiniti G37 Coupe, Murano LE AWD: Two from Nissan

Nissan Motor Co. (NSANY) continues its winning ways with the latest models of the sporty Infiniti G37 coupe and the swoopy AWD Murano crossover.
Read more: Infiniti G37 Coupe, Murano LE AWD: Two from Nissan.


INVESTING

No-pain investors miss out on gains

If you want to see how twisted the investment world is right now, consider that many investors — both individuals and institutions — are accepting reward-free risk.
Read more: No-pain investors miss out on gains.


Are bond rates on a road to nowhere?

The "bond vigilantes" who once imposed law and order on financial markets are being run out of town. That means investors thirsting for a quick return to "normal" interest rates might stay parched for a long time to come.
Read more: Are bond rates on a road to nowhere?


Uncertainty chips away at Spanish stock rally

Spanish stocks gave away much of an earlier rally before U.S. investors could even get out of bed, as initial cheer over news of a bailout plan for the country's banks gives way to questions and uncertainty.
Read more: Uncertainty chips away at Spanish stock rally.


Greece spoils the Spanish bailout party

Spanish markets see strong gains following a weekend bailout for the nation's banks, but a looming election in Greece spoils the party.
Read more: Greece spoils the Spanish bailout party.


Decade's top performer dubious

Nate's Notes, the decade's top performer, is beating the market again in 2012 and is bearish on stocks.
Read more: Decade's top performer dubious.


ECONOMY & POLITICS

The early days for Obama, Romney

Work experience is an important issue in the race to the next commander in chief, and both President Barack Obama and Gov. Mitt Romney have stellar resumes. Here's a closer look at the professional background of the candidates.
Read more: The early days for Obama, Romney.


Ex-MF Global economist wins 9th forecasting award

Jim O'Sullivan has won the MarketWatch Forecaster of the Month award for a record ninth time. Maybe he'll find a job soon.
Read more: Ex-MF Global economist wins 9th forecasting award.


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