retirement savings – News Stories About retirement savings - Page 3

57% of US Workers Have Less Than $25K in Savings

Mar 19, 2013 12:35 PM CDT

57% of US Workers Have Less Than $25K in Savings

New survey suggests retirement trouble looms for nation

(Newser) - The Wall Street Journal points to a double-whammy in terms of retirement savings: People aren't saving enough, and they're living longer. Among the depressing nuggets from a new survey by the Employee Benefit Research Institute:

28% of Americans don't think they'll be able to retire comfortably,

...

401(k)s Aren't Working

OPINION

Feb 6, 2013 12:05 PM CST

401(k)s Aren't Working

Nation's 'grand experiment' has been an alarming failure: Duncan Black

(Newser) - We're just now seeing the results of the nation's "grand experiment" with 401(k) plans as the first generation of workers to embrace the concept reaches retirement age. The results are "truly alarming," writes Duncan Black in USA Today . Many people don't have nearly enough...

Retiring? Better
Have $240K for
Health Care

May 9, 2012 1:27 PM CDT

Retiring? Better Have $240K for Health Care

Fidelity releases annual estimate

(Newser) - Retiring this year? You and you significant other will need $240,000 for health care expenses, according to Fidelity Investments' latest annual projection. That's up 4% from last year's $230,000 estimate, which is a typical—and actually fairly modest—increase, BusinessWeek reports. Since 2002's $160,000...

6 Retirement Planning Myths

Apr 7, 2012 1:00 PM CDT

6 Retirement Planning Myths

From debt to 401(k) plans, it's never too late to prepare

(Newser) - According to a new survey, only 14% of US workers are very confident they'll be able to retire comfortably—and more than 50% haven't even tried to calculate how much money they'll need. Workers are increasingly planning to keep working past the retirement age—37% said they...

Hungary, Bulgaria, Poland Grab Private Pensions to Fix Budgets

3 European Countries
Grab at Private Pensions

Jan 3, 2011 2:51 PM CST

3 European Countries Grab at Private Pensions

Hungary, Bulgaria, Poland call for citizens' savings

(Newser) - As European governments seek new sources of revenue, private retirement plans are taking a hit. Since most are organized by the state, "European ministers of finance have a facilitated access to the savings accumulated there, and it is only logical that they try to get a hold of this...

Workers May
Get Automatic Retirement Accounts

Jul 13, 2010 4:58 PM CDT

Workers May Get Automatic Retirement Accounts

Democrats want all employees enrolled

(Newser) - Democrats plan to introduce legislation that would automatically enroll private-sector workers in retirement savings accounts, the Hill reports. The measure, being heavily pushed by the AARP, would apply to those whose employers don't offer 401k accounts. Workers would be able to opt out of the plan, whose backers don't expect...