Market news, retirement advice & planning tips.
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
Gross domestic product (GDP) grew by a relatively stagnant 1.8% in 2011, ranking the United States 157th among the world’s countries. At the top of the list was Mongolia, with…
KenJune 28, 2013
Thirty-eight percent of Americans lack confidence that they will have enough income and assets for a comfortable retirement.¹ This may not be surprising for those in lower income tax brackets,…
KenJune 28, 2013