Market news, retirement advice & planning tips.
From March 2009 — when the stock market hit bottom during the financial crisis — through December 2012, investors withdrew almost $400 billion more from equity mutual funds than they…
KenAugust 28, 2013
Because of tax changes that take effect in 2013, some upper-income households are facing the prospect of higher tax rates on investment earnings. The potential for taxes to claim a…
KenAugust 28, 2013
About 60% of small-business owners were born before 1964, which means that one baby boomer business owner will turn 65 every 57 seconds for the next 17 years. That’s a…
KenAugust 28, 2013
Federal prosecutors recently indicted members of an alleged gang of cyber thieves for stealing $45 million from banks in coordinated global attacks, each of which lasted only several hours. Sophisticated…
KenJuly 28, 2013
In June 2012, CEOs of companies from around the globe met in Rio de Janeiro, Brazil, and developed more than 150 voluntary commitments to “sustainability” in areas such as energy…
KenJuly 28, 2013
Despite the high national unemployment rate, a hiring survey reveals that there are often shortages of qualified candidates to fill positions in certain fields. Engineers, IT experts, and executives (or…
KenJuly 28, 2013
Many Americans are familiar with Social Security’s projected shortfall and the public debate on how to fix the program’s finances. Going forward, fewer workers will support a larger number of…
KenJuly 28, 2013
According to the U.S. Energy Information Administration (EIA), natural gas production is up 27% since 2006, reaching its highest level since record keeping began in 1973.¹ New technologies are allowing…
KenJuly 28, 2013
At the end of 2011, more than half of all recently hired 401(k) participants owned target-date mutual funds. When a worker is auto-enrolled, a target-date fund is often the default…
KenJuly 28, 2013
On March 5, 2013, the Dow Jones Industrial Average closed at a record high of 14,253.77.¹ It took almost a month for the broader-based S&P 500 to follow suit, but…
KenJune 28, 2013