Pension experts have revealed that the scheme set up to protect final salary pensions could be in trouble.
Pension shortfalls recently hit a record high which has put the Pension Protection Fund (PPF) in danger of being submerged from a significant increase in claims being made from companies that have gone bust.
It has been [...]

Experts in institutional and retirement investment industries are predicting a strong decline in the total number of mutual funds and mutual fund families in response to the poor investment performance experienced so far during the 21st century. 
 
Why is the once domineering mutual fund industry facing extinction?  Mutual funds were once the big investment option for [...]

Remember those dreams about early retirement?  It can be easy to daydream another dreary 9-5 day with thoughts of sunny golf courses, exotic and undiscovered locations to travel to and more free time than you know what to do with.  Of course, most people brush off the thoughts of an early retirement as just fantasy, [...]

It’s no secret that we’re knee-deep in one of the most severe recessions in several decades – and you need important investment advice to see you through the recession, particularly if you’re saving up for retirement.  Since more baby boomers than ever before are freezing contributions to their 401(k) retirement funds or cashing them out [...]

Retirement can always seem like somewhat of a gamble, even during the best of times.  After all, will you have enough money to see you through up to three decades?  Will you have enough to counteract the effect of inflation?  These questions alone are enough to make any baby boomer nervous; however, add the recession [...]

It’s a scary statistic, but it’s true: according to a study conducted by the Employee Benefit Research Institute, nearly thirty percent of Americans aged 55 have only saved less than $10,000 for their retirement.  If this scenario sounds familiar to you, then you know that your lack of saving is going to severely impact your [...]

Taxes are as definitive during your golden years as they are when you are preparing for retirement.   Though there are some great tax benefits while you save for your retirement, there are some facts you should keep in mind that will allow you to plan ahead to reduce your tax burden when you finally begin [...]

This week I think about long-term care insurance and whether that you should consider taking out a policy. It does not rank as one of the best investments for everybody, but you should consider carefully whether it may provide you with the assurance of continuing care that you need. As with all insurance, there is [...]

As the American economy continues to affect the bottom line of big businesses, larger employers are finding ways to save money by cutting employee benefits.  One of the ways to save money is by establishing a pension freeze for all employees. 
 
What Happens in a Pension Freeze?
 
A pension freeze does not mean that an employee completely [...]

Many people spend a great deal of time figuring out how much they can afford to take out of their retirement savings each year, and with good reason. If you get this wrong you may find that your retirement plans are ruined as you run out of money too quickly. The twilight years that you [...]