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Planning to Retire

June 2009


The Case Against 401(k) Automatic Enrollment

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Automatic enrolling workers in 401(k) plans is generally viewed as a way to get more employees to save for retirement. Instead of requiring workers to sign up and make investment choices, employees automatically have a portion of their paycheck set aside for retirement. These involuntary investors ...

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retirement

Nominate Your Ideal Place to Retire

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Dreaming about retiring to the golf course or a mountain town provides a welcome respite from worrying about account balances and 401(k) statements. U.S. News is looking for readers to recommend the best retirement spots in the United States. Please e-mail us at retire@usnews.com and tell us what ...

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retirement

When Will 401(k) Matches Return?

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After the last recession earlier this decade, many employers suspended their 401(k) match and then reinstated it later when the company’s bottom line improved. In fact, in the years following the last recession, employers contributed more to employee 401(k)s than before the recession began,

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retirement

3 Ways to Get Your 401(k) Back on Track

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We’re all searching for a quick way to fatten up our nest eggs. But all the potential remedies require discipline and patience. And the closer to retirement you are, the more difficult it will be to recoup stock market losses. Two new reports released today chronicle how long it will take to ...

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retirement

401(k) Fee and Advice Legislation Moves Forward

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A House subcommittee voted today to move forward to with two 401(k) bills. The 401(k) Fair Disclosure for Retirement Security Act would require fee disclosure for all 401(k) investment options. The Conflicted Investment Advice Prohibition Act would impose safeguards on investment advice with the ...

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retirement

A Renewed Interest in Emergency Funds

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Should job loss or an unexpected medical bill crop up, an emergency fund is a financial lifesaver. Workers and retirees are showing a renewed interest in saving for the unexpected. About 59 percent of workers and 67 percent of retirees have an emergency fund, according to a recent online survey

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retirement

Older Workers Remain Unemployed Longer

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Older workers continue to enjoy more job security than their younger counterparts. While the unemployment rate for the total labor force was 9.4 percent in May, only 6.7 percent of workers age 55 and older were out of work. But the ranks of unemployed older workers have been swelling faster than ...

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retirement

A Retirement Timeline

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The aging milestones for young people are well known: At age 16 you can drive and 18-year-olds can vote. But the rights and privileges of aging don’t end after your first legitimate drink in a bar on your 21st birthday. There are variety of retirement rights of passage you should take advantage of ...

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retirement

Save for Retirement, Win a Prize

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Lottery tickets sell hope to millions of people who will never become millionaires. For a dollar or two you get the chance to dream about what it would be like to kick back in a nice house, drive around town in a fancy car, or retire on a tropical island. Many people who play the lottery know deep ...

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retirement

Should Saving for Retirement be Required?

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It’s no surprise that it is difficult for Americans to save for retirement. Only roughly half the population even has any sort of retirement plan. One of the new proposals to get workers to save is an automatic IRA. Under this plan, as proposed in President Obama’s 2010 government budget, most ...

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retirement