Social Security

Retirement Saving on the Rise

American workers shouldn't count on making up for inadequate savings by planning to work into their retirement years, since such plans are often doomed by unexpected health problems, Fidelity Investments said Monday in releasing findings of a retirement planning survey.

10 Common Retirement Mistakes

Retirement is supposed to be a time of relaxation after years of hard work. Yet, many people experience post-retirement problems that make their “easy days” not so stress free. To avoid this kind of predicament, here are 10 common retirement mistakes that you should avoid, so that you can enjoy a happy and peaceful retirement.

Bernanke: U.S. Should Save More

Federal Reserve Bank Chief Ben Bernanke said on Wednesday there is a need for U.S. consumers to save more money. However he added that “no silver bullet” has yet been found for a way to increase household savings.

Bush huddles with economic team as growth slows

President George W. Bush will wrap up conferring with his economic team on Friday on ways to keep the economy growing against a backdrop of higher interest rates, mixed data and fears of rising inflation.

Get ready for the Medicare crunch

Despite all the talk about the shaky future of Social Security, its potential shortfall isn't the biggest risk for future retirees. They should be worrying about Medicare instead.

Pension fund holds promise

China's efforts to defuse what experts have called its pension time bomb have created a multibillion-dollar opportunity for domestic and international fund managers.

Where should I start?

It wasn't too long ago that most people simply bought whatever insurance was mandated by the government and lenders, or recommended by insurance agents and friends.

Are you ready for retirement?

We've heard the adage that to become physically fit, we need to eat less and exercise more. The corollary for fiscal fitness is to spend less and save more.