Topic: Alicia Munnell

Most Americans realize they aren't saving enough for retirement. According to the nonprofit Employee Benefit Research Group, about 1 in 4 workers...
As we head into Labor Day weekend, there is encouraging news about one of the most important income sources working Americans rely on in their...
Many baby boomers will be retiring on savings, without the secure pension checks that their parents enjoyed. As more boomers embark on this ...
A new poll the Washington Post finds that many Blacks have no retirement accounts, investments, or, in some cases, checking accounts.. For...

How much does California owe?

0 View Larger Image . As the national discussion continues on raising the U.S. debt ceiling to $14.3 trillion, Californians also should ask: How ...

Want to Retire? Think Again

Work in retirement? It might sound like a contradiction in terms, but we're looking for ways to achieve financial security over a retirement that...

The Lump Sum: Take It Or Leave It?

About 50 percent of all traditional pensions allow workers to take a lump-sum distribution at retirement. "All else being equal," says Jeffrey Harwood, a financial adviser in Woodland Hills, Calif., "it's a sweet time to be cashing out. Compared with other ...

Bumps in the Road?

Anyone younger than 30 harbors little hope of relying on those two retirement vehicles alone to lead a comfortable life in retirement. This week, we look at how seniors with defaulted loans may see their Social Security benefits garnished; why a proposal ...
Retirement study shows nearly half of US households lack money to retire by 65Workers in more than half of U.S. households will likely be unable to retire at 65 at the same lifestyle they enjoy today, a new study says.The ...

MY RETIREMENT PLAN: ALICIA MUNNELL, 66

MY RETIREMENT PLAN: ALICIA MUNNELL, 66 Alicia Munnell, director of the Center for Retirement Research at Boston College, admits she has yanked money out of her 401(k) to pay for big purchases, such as a child's honeymoon. " Another personal finance ...