Archive | Your Money

Money, finance, stock, market, savings, retirement

What to expect from your bond mutual fund

When stock markets tumbled around the world recently, bond funds remained solid once again.

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Money

Not so golden years, savings gap remains

William Kistler views retirement like someone tied to the tracks and watching a train coming. It’s looming and threatening, but there’s little he can do.

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finance, money, piggy bank, savings, retirement taxes

High fees eroding 401(k) retirement accounts

Adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker’s account over a four-decade career compared with lower-cost options.

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Business, finance, employment,

5 signs U.S. jobs market finally accelerating

More workers in the prime 25- to 54-year-old age group are finding jobs. The winter freeze was less destructive to hiring than had been assumed. Layoffs have declined since February. And an increase in hours worked suggest that incomes will rise.

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Money, finance, retirement, 401K, IRA

Could a market decline help 401(k) retirement?

Money managers say take a breath — downturns could offer opportunities to strengthen your retirement savings for the long run.

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Reverse mortgage myth busters

By Alain Valles Reverse mortgages are becoming a crucial component of financial planning for senior homeowners. These government-insured loans, also known as Home Equity Conversion Mortgages (HECMs), convert illiquid home equity into tax-free cash. Though reverse mortgages were introduced in 1987, many people still carry old and misguided ideas about what a reverse mortgage is […]

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