Tag: Retirement Planning

HDFC Life’s new annuity campaign makes retirement planning look attractive

HDFC Life has recently launched an annuity campaign. HDFC Life has built an inspiring narrative that challenges the audience’s mind set around retirement. The ad...

How to thrive in your job when you’re over 50

I can’t stand it when the Walmart greeter trope is ballyhooed as the inescapable endgame for workers over 50 …even if it’s said in jest. It’s...

This state just became the first to give extra $300 federal unemployment payment and Republicans and Democrats are split over whether estate and income taxes are ‘unfair

Hang in there, MarketWatchers, and don’t miss these top stories: Personal Finance Another warning from the 1918 flu for COVID-19: ‘Survival does not mean that...

The new savings target for a modest retirement: $8 million?

You might want to hold off on that Winnebago. The 4% Rule has long been used as a guideline for retirees in determining how much...

ExxonMobil will suspend its 401 (k) matching—as threats to its dividend mount

Chances are you own stock in ExxonMobil Corp. XOM, -0.87% whether you know it or not. It’s found in some 2,553 mutual funds and numerous...

I want to retire in Texas and near freshwater on $4,000 a month — where should I go?

I want to retire to Texas. I will be moving from Maine within the next five years and would like a location that has freshwater...

Health care will cost this much in retirement — but probably even more

A 65-year-old couple retiring this year should expect to spend about $295,000 on health care costs alone in retirement — but quite frankly, that estimate...

A record high for the Nasdaq ‘would all come crashing down,’ says Trump in a tweet, ‘including your jobs, stocks, and 401(k)s,’ if Biden wins presidency

“ ‘RECORD HIGH NASDAQ! It would all come crashing down, including your Jobs, Stocks, and 401k’s, if Sleepy Joe ever became President. China and others...

President Trump to Dave Portnoy: The 401(k) investors who followed my advice are ‘doing phenomenally’

After President Donald Trump took some serious lumps in his contentious interview with Fox News host Chris Wallace earlier this month, it was probably time...

How to open a Senior Citizen Savings Scheme Account?

Senior Citizens Savings Scheme (SCSS) is a government-backed savings instrument offered to individuals aged over 60 years. The maturity period of SCSS is five years....

Gratuity is paid with full and final settlement

I am retiring by the end of this year. I won’t need my provident fund (PF) corpus immediately. If I withdraw it after, say, two...

I didn’t get my stimulus check because I owe back child support. It’s not fair. My stepchildren rely on me — what can I do?

Dear Moneyist, Stimulus checks should not be taken for back child support. Not all people who don’t pay or are behind on child support are...

I filed a joint tax return with my estranged wife because she is a gambler and her finances are a mess. But I got NO stimulus check — what can I do?

I am a full-time student and I’m 50 years old. I graduate in December 2020 and maintain a 4.0 GPA so I work hard to...

The perils of waiting 10 days or more to get a COVID-19 test result, and consumer complaints to the CFPB are skyrocketing as the coronavirus outbreak continues

TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance Consumer complaints to the CFPB are skyrocketing as the coronavirus outbreak continues ‘The database is like...

How to rescue your retirement from Covid-19 impact

“Imagine it’s 2021. The world now has the perfect treatment for Covid-19. There’s a proven vaccine to protect you from the virus. The fear of...

I have a seven-figure nest egg — am I saving too much for retirement?

I recently had a conversation with a colleague about retirement and was told I’m saving too much! My wife and I are both 57 and...

There are only 5 days left to get this tax-smart retirement benefit

The extended tax filing deadline is July 15, and with it comes the last day to fund or max out an individual retirement account for...

Pioneer of target-date funds looks to the future: hedging and ‘tail-risk’ strategies

Investment-research firm Morningstar recently bestowed an “Outstanding Portfolio Manager” award on Jerome Clark of T. Rowe Price, a pioneer in developing target funds for the...

Weekend reads: How to be safe, with or without a face mask

The rise in COVID-19 infections as many states reopen is alarming. State officials have blamed young people congregating in bars. In some states, bars are...

Do these simple things to turn your retirement savings into big money

There isn’t much about the future that I can predict, much less guarantee to investors. But here’s one thing I can guarantee: If you achieve...

My retirement income is just $16,600 a year, but I want to retire in a beach town ‘where the sky is blue and the water warm’ — where should I go?

R.S.R. Dear R.S.R., I hear you — it’s frustrating to read about people who get to live large in retirement when your reality (and frankly,...

Weekend reads: Where’s the stock market heading?

Investors are worried. The U.S. stock market’s dramatic recovery from the March lows has stalled. The market tends to be forward-looking, and the rapid recovery...