Friday's Personal Finance Stories
By MarketWatch
Don't miss these top stories: Robert Powell writes in his retirement column today about 10 lesser-known tips that could help make your retirement planning easier and your retirement more relaxing. They include planning for tax-efficient income and when and how to take Social Security.Also on MarketWatch today, our car slide show isn't just cars: it includes a boat, a train, a plane and even a robotic dinosaur. Check out 10 of the craziest things on wheels.—Anne Stanley , Managing Editor, Personal Finance10 overlooked retirement tips
From withdrawal rates to tax-efficiencies, don't miss these often-overlooked tips for retirement savers.
Read more: 10 overlooked retirement tips. 10 of the craziest things on wheels
From the "Ghostbusters" car and the world's tallest motorcycle to Robosaurus, check out 10 of the wildest and craziest vehicles you'd ever want to own and perhaps drive.
Read more: 10 of the craziest things on wheels. Lending standards: Too lax to too tough
The mortgage underwriting pendulum has swung the other way, from totally lax credit standards where practically anyone who could fog a mirror could obtain financing, to standards so tight that only the most credit-worthy folks qualify.
Read more: Lending standards: Too lax too tough. INVESTING
Why less talk can make you more money
The best leaders are good listeners. So are the best investors.
Read more: Why less talk can make you more money. How to buy REITs in a crowded market
REITs make for a near-perfect recovery story. This battered area bounced back from the credit crisis faster than the rest of the financial sector and has provided income-oriented investors with juicy yields. But REITs popularity may have squeezed out much of their value.
Read more: How to buy REITs in a crowded market. Dr. Gloom mellows but Dr. Doom does not
They are this era's Dr. Doom and Dr. Gloom, two Cassandras who warned long ago about the housing bust, financial crash and debt explosion that almost wrecked global markets.
Read more: Dr. Gloom mellows but Dr. Doom does not. ECONOMY & POLITICS
U.S. savings rate drops to four-year low in April
The personal savings rate falls to 3.4% in April, matching the lowest level seen since December 2007 and raising doubts that consumers can continue to spend at the pace seen in the first quarter.
Read more: U.S. savings rate drops to four-year low in April. GDP growth 1% higher than month ago
Relying on the same logic that many doom and gloomers used when oil's price was going up, crude's dramatic fall in recent weeks should translate into markedly higher U.S. GDP growth in coming quarters.
Read more: GDP growth 1% higher than month ago. U.S. economy creates 69,000 jobs in May
The U.S. in May generated the fewest amount of new jobs in a year and the unemployment rate ticked up, the strongest sign yet that the economy has slowed again after a fast start in early 2012.
Read more: U.S. economy creates 69,000 jobs in May. Fed's Rosengren: Weak data spurred easing call
Disappointing economic data in the last two months have raised questions about the economy's momentum and has made the case for more easing, Boston Fed President Eric Rosengren said.
Read more: Fed's Rosengren: Weak data spurred easing call. Volcker Rule? We need a Slurpee Rule
Al Lewis proposes a new rule: Anyone who loses $1 billion gets fired and must take a job cleaning the Slurpee machine.
Read more: Volcker Rule? We need a Slurpee Rule.
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