Retirement Articles and Videos - Page 3

What is a safe investment for retirement money in these uncertain times? Money market accounts and CDs offer the best investment for keeping your retirement money safe, available and earning some interest, without taking any real risk. But consider reinvesting in the stock market if you have more…

A property buyer can't be present at the closing of his purchase, and wants to know if an attorney should be there in his place. Having an attorney at the closing will ensure the buyer's interests are represented, legal documents are drawn and that the money flows properly at the closing. An…

A senior must pay for his senior living community in a short period of time, but the value of his retirement and other investments dropped dramatically. His daughter has offered to use her home equity line of credit to help pay for his retirement living. If the daughter uses her equity to pay for…

This homeowner has an extra $500 a month and can't decide if he should pay down his mortgage or invest in the stock market. What's the better investment for his $500? Some investment advisors tell people nearing retirement to put money in a safer investment, but the stock market could also bring…

Buying real estate during the economic crisis has become more difficult. The current economic crisis has brought many challenges, including the drop in retirement savings and a rise in the unemployment rate that affect the real estate market and home buyers. There is a strong connection between…

If you had the choice, would you buy a house with no mortgage? Would you pay all cash for a home? What would it take for you to lower your house payments to a level that you could retire and no longer carry a mortgage?

Today on the Ilyce Glink Show, we provided tips on how to save money at the grocery store as well as what are the top 10 biggest budget drains. We took calls about PMI, investment property, credit card fraud and how to protect yourself, how to get a better financial settlement from lost airline…

We've had a couple of calls about Social Security benefits today.

Our first call was from Timothy. He's 62, and has a severance package (from being laid off) plus a pension, 401(k) and a wife who is still working. He's trying to decide if he should take social security at 63 or wait until he is 66…

Today on the Ilyce Glink Show, Ilyce discussed the Federal Government's takeover of secondary mortgage market giants Fannie Mae and Freddie Mac. She took calls from listeners like Cathy, who are wondering if the takeover will have an impact on their house closings in the coming weeks. Ilyce's…

Today on the Clark Howard Show, we're going to tackle the following topics:

1pm: Wachovia takes a big hit 8.9 billion loss, and slashed its dividend 90 percent, to 5 cents a share. We'll talk about what this means for you and remind you about FDIC coverage limits.

1:30: New 401(k) proposal clarifies…

Today on the Clark Howard Show, Ilyce discusses Wachovia's $8.9 billion loss in the second quarter, the new housing bill in front of Congress, the 10 most expensive and least expensive cars to insure and the new Social Security retirement calculator. For show notes and updates through the week…

The Dow Jones Industrial Average fell below 11,000 today - the first time it's dropped to this point in two years, according to the Associated Press.

Major business publications point to worries about mortgage companies Fannie Mae and Freddie Mac. These two companies are government-sponsored but they…

Women save less for retirement than they need to save, according to a study just released by Hewitt Associates. The study said that women need to replace 130 percent of their final income at retirement, 7 percentage points higher than men. Women need to save 2 percent more of their pay per year over…

Hewitt released the results from its "Total Retirement Income at Large Companies: The Real Deal 2008" report this morning. If you're already worried about how you're going to make ends meet in retirement, the study results probably aren't going to help.

The Real Deal 2008 discovered that the typical…

What's the best way to save for retirement? To fund your retirement, you can choose from a number of different retirement plans like a 401(k) or Roth IRA. You'll also need to decide if you want to save money for retirement before paying income taxes or after. And learn how much money you will get…

A daughter asks about her father's eligibility for Medicaid after he transfers his home to her. Will his eligibility for Medicaid be affected by the transfer of his real estate wealth? Find out about eligibility for Medicaid and the Medicaid lookback period.

Robert is having trouble with his 401(k). A big company bought his company four years ago. He's no longer allowed to contribute to his 401(k) although he still works there full-time, and the company won't let him change his asset allocation within the 401(k) nor will it let him rollover the account…

Baby boomers expect more active retirement living that the generation before them. Baby boomers look at amenities available for use during retirement living. Boomers require for retirement living: social networking, volunteering and learning. As homeowners, Boomers also want home design that better…

Knowing how to save for retirement doesn't have to be a big secret. In fact, it seems even when people know what to do they sometimes sabotage their saving.

A new Wall St. Journal Online/Harris Interactive poll finds that one-quarter of adults actively planning for retirement have withdrawn money…

Only 18 percent of those polled feel confident about retirement, announced the Employee Benefit Research Institute this week. Sounds pretty grim. Last year, 27 percent of those polled felt very confident.

It's the biggest one year drop in the 18-year history of the survey. Apparently younger workers…

What should you do if you've bought a retirement home but haven't yet sold your current home? If you don't sell the home, you could be forced into foreclosure if you can't pay both mortgages. You may need to ask your mortgage lender to allow a short sale as full payment.

This week on the Ilyce Glink Show, Ilyce talked about what spooked the stock market, sending it down 4.4 percent this week. She also talked about how mortgage companies are rating counties for risk and requiring significantly higher down payments (in addition to credit scores). She also recapped the…

When couples divorce sometimes the woman agrees to keep the home rather than lay claim to the man's retirement benefits. But is this a fair trade? It's worth reconsidering trading a home for retirement benefits when the housing market is poor or if the home has home improvement work that wasn't…

If you are ready for retirement, should consider selling your home before moving into a retirement community? And what about selling a home in this market - can it be done? You can still sell a home quickly if you focus on doing some home improvements to make it stand out out, including landscaping…

Ilyce Glink filled in today on the Clark Howard Show. As we move closer to the end of the year, it's important to make sure you've done everything you can to minimize what you'll pay in taxes. Make sure you've taken all of the deductions to which you're entitled, and opened up (and funded, if you…