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Poll: How Much Money Do You Feel You’ll Need to Save For Retirement?

Poll: How Much Money Do You Feel You’ll Need to Save For Retirement?

In the discussion about income for life and annuities earlier this week a lot of interesting points were brought up. We all know that we need to save something for retirement, but just how much are people expecting to save? You hear all sorts of numbers thrown out there saying you need to have a [...]

The Dow at 10,000 – Where Do We Go From Here?

The Dow at 10,000 – Where Do We Go From Here?

The Dow is at 10,000. Big deal, right? After all, it is just a number, but there has been a lot of emphasis placed on this milestone recently. Why is the media obsessed over this number? It has been over a year since we’ve seen the market at these levels, so whether it is an [...]

Poll: 47% of Households Will Not Owe Taxes in 2009 – Is That Fair?

Poll: 47% of Households Will Not Owe Taxes in 2009 – Is That Fair?

I don’t think you can find a single person out there who enjoys paying taxes, but I encountered an interesting article on CNN this morning that said nearly half of all U.S. households will not owe any federal income tax for 2009. At first I thought I was reading it wrong or that they were [...]

Poll: Should the 401(k) Contribution Limit be Reduced in 2010?

Poll: Should the 401(k) Contribution Limit be Reduced in 2010?

Not long ago we heard that for the first time in years Social Security beneficiaries won’t be receiving their annual cost of living adjustment. This means those who draw a monthly Social Security check won’t see an increase in 2010. A lot of people are understandably upset about this. While the cost of living adjustment [...]