Category: In The News

Building a nest egg — automatically

September 22, 2007 | Comments Off

For the 71 million Americans without 401(k)s or pension plans, a bipartisan proposal would let part of every paycheck be deposited directly into an individual retirement account Washington — LIKE nearly half the American workforce, Pierre Randolph has no pension or 401(k) plan to look forward to in old age. Nonetheless, the ...

Amount of savings needed for retirement, ‘a tough pill to swallow’

September 22, 2007 | No Comments

A reliance on cashing out the equity of your home can be a dubious strategy These savings and debt guidelines - put together by Charles Farrell, a financial consultant in Medina, Ohio - sometimes generate howls of outrage. But they offer a much-needed reality check, especially for folks who are piling ...