| | Personal Finance Daily SEPTEMBER 12, 2012 Wednesday's Personal Finance Stories By MarketWatch Don't miss these top stories: By the time you retire at age 67, you should have eight times your salary saved for retirement, in order to replace 85% of pre-retirement income. You're on track to cover basic retirement expenses if, at 35, you have one full year of current salary saved up — and if you continue saving at a specified rate.That's according to a new retirement tool from Fidelity Investments, which Andrea Coombes writes about in her latest column. To be fair, any tool that claims it can tell you how much you need to save is making some assumptions that may not fit your situation, and by following the guidelines, you may end up saving not enough or too much, she writes.Read the full column in today's Personal Finance pages, along with more retirement coverage from Robert Powell and Chuck Jaffe. Plus, read about the latest Census Bureau statistics that indicate median household income decreased last year, and 46 million Americans remained in poverty. —Amy Hoak , Personal Finance DailyRetirement savings: How much is enough? Are you saving enough for retirement? A new tool aims to give savers a rough guide to let them know whether they're on track—but, as with all retirement tools aimed at a broad audience, take the information with a grain of salt.
Retirement savings: How much is enough? 7 QE3 moves to make with your money With the Fed likely to launch QE3, experts are suggesting that there might be some different moves to make with your money, especially if you are retired or fancy retiring.
7 QE3 moves to make with your money. For a better retirement, work longer Before politicians can fix Social Security, they need to ensure that older Americans feel more secure about their financial future due to the fruits of their own labor, rather than any form of entitlement, writes Chuck Jaffe.
For a better retirement, work longer. Seniors get wired to stay home Doctor develops new system to allow older people to remain at home, while providing them with cost-effective services using technology and a combination of volunteer and paid labor.
Seniors get wired to stay home. Apple's CEO on path to first billion Linking executive pay to long-term incentives has been a key to Apple's success.
Apple's CEO on path to first billion. Investing in 'junk DNA' Now that scientists have revealed that the huge swaths of genetic code once dismissed as "junk DNA" are not so worthless, investors may wonder if there's similar hidden value in the biotech sector. The short answer: maybe.
Investing in 'junk DNA.' ECONOMY AND POLITICS U.S. envoy to Libya killed in riot over movie Rioters angered by the release of a film they considered insulting to Islam burn down the U.S. consulate in Benghazi, Libya, in an attack that killed the U.S. ambassador, J. Christopher Stevens, and three diplomatic staffers.
U.S. envoy to Libya killed in riot over movie. Household income falls as 46 million in poverty There were 46.2 million people in poverty in 2011, as median household income decreased, according to a Census Bureau report released Wednesday illustrating the toll from ongoing labor-market weakness.
Household income falls as 46 million in poverty. Why the Fed's words mean more than its actions The Federal Reserve may try something new on Thursday: Promise to allow the economy to get back all the way before raising rates, writes Rex Nutting.
Why the Fed's words mean more than its actions. 10 million households have no bank account: FDIC More than a quarter of American households lack access to full banking services or have no bank account, while nearly 10 million U.S. households have no checking or savings accounts at all, according to a Federal Deposit Insurance Corp. survey.
10 million households have no bank account: FDIC. China hints at stimulus, but not too much While Chinese Premier Wen Jiabao uses a speech to promise on-track growth and hint at fresh stimulus, several analysts say the remarks don't necessarily imply massive moves to support the economy.
China hints at stimulus, but not too much. INVESTING Who's afraid of the fiscal cliff? Worried about the fiscal cliff that will supposedly send the U.S. into a recession and the stock market reeling? You might want to worry about something else, advises Mark Hulbert.
Who's afraid of the fiscal cliff? Sirius has Malone right over its shoulder Satellite-radio provider will get a dose of discipline, writes media columnist Jon Friedman.
Sirius has Malone right over its shoulder. Mario Draghi's do-or-die moment Think of an old-fashioned horror movie in which the hero faces an approaching werewolf and is armed with one silver bullet in a gun that's prone to misfiring. Mario Draghi is that beleaguered hero.
Mario Draghi's do-or-die moment. Once U.K. loses triple-A rating, chaos will follow It is now simply a matter of time before the U.K. loses its AAA bond rating, writes Matthew Lynn. Once that happens, political chaos will follow.
Once U.K. loses triple-A rating, chaos will follow. Apple goes back to school with the iPad The back-to-school season is historically one of the best times of the year for PC manufacturers, but maybe not for long.
Apple goes back to school with the iPad. 
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