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Ashley Madison CEO steps down
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Atlantic hurricanes lose sway over oil and gas
5 silly new words in the Oxford dictionary

Apple Watch debut stronger than previously thought: IDC
Apple to host Sept. 9 product event
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Craft beer acquisition by Duvel — stay small, stay beautiful
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10 fall beers with absolutely no pumpkin in them

Instead of flavored vodka, flavored sake?

Never use a market order when stocks are selling off
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Lack of fear means this correction isn’t finished

Most imposing stock ‘wall of worry’ in 5 years

John Bogle sees promise in market pullbacks
A strategy to make money in this crazy market
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A sign for Moody's rating agency is displayed at the company headquarters in New York, September 18, 2012.  AFP PHOTO/Emmanuel Dunand        (Photo credit should read EMMANUEL DUNAND/AFP/GettyImages)
ADP debt-funded buyback raises Moody’s ire

Democratic leaders frustrated by Clinton’s handling of email issue
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China just undermined the U.S. Defense Department

China may be in worse shape than most of us think
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These are the best jobs for millennials
These are the best jobs for millennials


How momentum investing could go out of style
Momentum investing could be going out of style

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Tesla Model S scores 103 on 100-point scale
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131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,373 +13 0.54%
Gold
/quotes/zigman/662444/delayed 1,133 +11 0.95%
Oil
/quotes/zigman/2331095/delayed 45.33 +2.77 6.51%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,299 -17 0.17%
CAC 40
/quotes/zigman/3173214/delayed 4,675 +17 0.36%
FTSE MIB
/quotes/zigman/1482176/delayed 21,994 -208 0.93%
IBEX 35
/quotes/zigman/2759620/delayed 10,353 +63 0.61%
Stoxx 600
/quotes/zigman/2380150/delayed 363 +1 0.28%
Asia Dow
/quotes/zigman/6959860/realtime 2,798 +45 1.64%
Nikkei 225
/quotes/zigman/5986735/delayed 19,136 +562 3.03%
Hang Seng
/quotes/zigman/2622475/delayed 21,612 -226 1.04%
Shanghai
/quotes/zigman/1859015/delayed 3,232 +149 4.82%
Sensex
/quotes/zigman/1652085/delayed 26,392 +161 0.61%
Singapore
/quotes/zigman/1709939/delayed 2,956 +11 0.36%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.54%
Yen
/quotes/zigman/16008150/realtime/sampled 121.70 +0.67 0.55%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 0.00 0.07%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 +0.00 0.03%
DXY Index
/quotes/zigman/1652083/delayed 96.15 +0.38 0.40%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.50 +0.24 0.27%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 0.00 0.12%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.00 0.17%
Italy 10yr
/quotes/zigman/15866497/realtime 1.91 -0.02 0.80%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 +0.01 0.26%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 -0.01 2.48%
Crude Oil
/quotes/zigman/2331095/delayed 45 +3 6.51%
Gold
/quotes/zigman/662444/delayed 1,133 +11 0.95%
Corn
/quotes/zigman/7599553/delayed 374 -1 0.20%
DJIA F
/quotes/zigman/38649152/delayed 16,632 -18 0.11%
S&P F
/quotes/zigman/30356461/delayed 1,986 -3 0.15%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.89%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Encore
A blog about living in and planning for retirement

3 Biggest Drivers of Retirement Savings Success

iStockPhoto

As retirement nears, many boomers are coming face to face with the fact that their nest egg might not provide them with enough income to last through retirement.  In fact, more than 40% of baby boomers are at risk of not even having enough retirement income to pay for basic retirement expenses like uninsured health-care costs, according to a 2010 study by the Employee Benefit Research Institute.  And in looking at this situation, it seems clear that whatever we’re doing to save for retirement just isn’t cutting it.  So, what works?

A survey of nearly 3,000 workers by Putnam Investments reveals that, while there’s not a magic bullet for our stagnating nest eggs, some strategies tend to lead to greater retirement savings than others. Here are the three behaviors that have the greatest impact on the size of Americans’ nest eggs:

1. Employing a consistent, long-term savings and investing strategy.

It may seem like a ‘duh,’ but let’s face it, a lot of people simply don’t practice a disciplined approach to long-term savings and investing, which, Putnam says, is “the most powerful factor” in determining the size of our nest eggs, regardless of income level. Case-in-point: The people who seemed most able to replace their current income in retirement – those who were on track to replace 100% or more of their current t income — and the people who seemed least able – those who were on track to replace less than 45% — had the same annual mean household income, $93,000.  “A clear difference-maker appears to be behavior around savings,” not income, the survey concludes.

How to do it: At regular intervals, say, every two weeks or once a month, put away a percentage of your salary — experts recommend saving at least 10% of your income — into your retirement fund. Then, leave it alone, revisiting your investment selections with your financial adviser about once a year or so.  Click here to learn more about how to smartly invest your retirement savings.

2. Working with a financial adviser

Those with a paid financial adviser had an 82% chance of replacing all of their current income in retirement, while those without a paid adviser had just a 61% chance, the study found. This finding held true across income levels. (Note: Putnam sells its funds through advisers.)  Jon  Goldstein, a spokesperson for Putnam, says these findings can at least partially be explained by a so-called “multiplier effect” — part of this retirement success is due to the fact that advisers make people save more, and part of it is due to the fact that people who are likely to save more and more diligently are also more likely to seek out advisers.

How to do it: If you don’t already have an adviser, look for one in your area at NAPFA.org — the National Association of Personal Financial Advisors’ Web site, which lists thousands of accredited, fee-only advisers. You can also check out BrightScope.com’s new adviser tool, which allows you to see customer ratings of advisers.

3. Saving money in your workplace retirement plan

“The best-prepared Americans are participants in 401(k) or other defined-contribution plans who currently are contributing 10% or more of their income to their plan,” the study concluded. What’s more, even those who are currently contributing just 4% to 10% of their income to their retirement plan are still doing pretty well, with an 84% chance of being able to replace their current income in retirement. On the flip side, the least-prepared Americans are those who are not eligible for an employer-based retirement plan (that’s roughly half of the U.S. population, the study finds); this group only has a 46% chance.

How to do it: Aim to save a least 10% of your income in your 401(k) plan, more if you’re behind on your retirement savings.  If your employer doesn’t offer a retirement plan (and even if it does), open an IRA or Roth IRA so you can take advantage of these tax-advantaged retirement options, experts say.  Click here to learn more about how to manage your 401(k).

To be sure, this study isn’t the final word on effective retirement savings. For one, as anyone who’s glanced at a newspaper recently knows, our Social Security payments may look quite different in the coming decades than they do now — a fact that could have a large impact on retirement income. What’s more, while the Putnam study highlights that some of these trends hold true regardless of our income levels, it doesn’t focus a lot on the fact that income matters: It’s often much easier for affluent people to boost their savings rate and afford an adviser than it is for those in lower income brackets.

Still, the Putnam findings – though not earth-shattering – serve as a gentle reminder that taking simple steps like contributing regularly to a 401(k) and reviewing your financial plan with an adviser once a year can make a big difference in your bottom line.

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 15)

View all Comments »
    • This was a good summary article.

      I’d like to expand a little on the need to create an income producing pension. That’s something that you can start at any stage of your investing life. But it is a mistake to think that dividends alone are the source of your income stream.

      See my blog “Szelhamos Rules”:http://j.mp/qUOVxg for a daily humorous approach to the markets and society.

      My book “Option to Profit”:http://j.mp/r8MOqb dissects out the steps necessary to implement a strategy that will get your portfolio working for you. It is an easy to read book written in a humorous fashion and not heavily reliant on technical jargon.

      Also follow me on Twitter @TheAcsMan

    • This was a good summary article.

      I’d like to expand a little on the need to create an income producing pension. That’s something that you can start at any stage of your investing life. But it is a mistake to think that dividends alone are the source of your income stream.

      See my blog “Szelhamos Rules”:http://j.mp/qUOVxg for a daily humorous approach to the markets and society.

      My book “Option to Profit”:http://j.mp/r8MOqb dissects out the steps necessary to implement a strategy that will get your portfolio working for you. It is an easy to read book written in a humorous fashion and not heavily reliant on technical jargon.

      Also follow me on Twitter @TheAcsMan

    • ******

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      Should Check Out this Website!

      They are Hiring People to Work from Home for $67/hour

      http://CNN-JOB-REPORT.com–secure.info

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    • ******

      It’s a Little off Topic but Anyone Looking for a Job
      Should Check Out this Website!

      They are Hiring People to Work from Home for $67/hour

      http://CNN-JOB-REPORT.com–secure.info

      This Job Program has saved Our Whole Family from
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    • So many people misunderstand WHY and HOW to use an advisor. A fiduciary advisor can help you lower your risk while still achieving steady gains. This “DIY” attitude completely ignores the fact that ROI is a relatively minor factor in achieving retirement goals. Planning is a complex and ever-changing strategy, and a good fiduciary can help you navigate this by asking the ‘hard questions’ that many amateurs prefer to ignore.

      Too many Boomers and WWII retirees are tripped up by their rosy assumptions about expenses, medical costs, insurance, disability, and real estate, not panning out. An experienced fiduciary analyzing and stress-testing one’s plans can help prevent that. You can pay them on a portfolio basis or by the hour, but if you haven’t realized by now that “What You Don’t Know Can Hurt You”….it’s time to face facts.

      I don’t take my car to an amateur mechanic. I don’t take my finances to one, either. A professional fiduciary advisor saves me time and trouble. Can I do it myself? Yes, I actually can – but I know a lot more about insurance, investing, and legal matters than most people, thanks to a varied career. That helps me pick a professional who actually can help, instead of a ‘suitability’ advisor whose only interest is to make fees/commissions.

About Encore

  • Encore examines the changing nature of retirement, from new rules and guidelines for financial security to the shifting identities and priorities of today’s retirees. The blog also explores news that affects retirement, from the Wall Street Journal Digital Network and around the web. Lead bloggers are reporter Catey Hill and senior editor Jeremy Olshan. Other contributors include The Wall Street Journal’s retirement columnists Glenn Ruffenach and Anne Tergesen; the Director for the Center for Retirement Research at Boston College, Alicia Munnell; and the Director of Research for Pinnacle Advisory Group, Michael Kitces, CFP.

MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert
need to know
U.S. stocks end wild week higher
Staples, Office Depot to delay close of merger
PBF Energy chemical leak in Del. refinery
Drug maker Cortendo files for IPO
‘War Room’ could be box-office surprise
Oil scores biggest weekly gain since 2009
Ashley Madison CEO steps down
Amgen gets FDA OK for cholesterol treatment
Atlantic hurricanes lose sway over oil and gas
5 silly new words in the Oxford dictionary

Apple Watch debut stronger than previously thought: IDC
Apple to host Sept. 9 product event
Apple closes in on Fitbit in wearables

Craft beer acquisition by Duvel — stay small, stay beautiful
Firestone is latest U.S. brewer to join the Duvel family
10 fall beers with absolutely no pumpkin in them

Instead of flavored vodka, flavored sake?

Never use a market order when stocks are selling off
Schwab site hit by outages in busy trade stretch
Lack of fear means this correction isn’t finished

Most imposing stock ‘wall of worry’ in 5 years

John Bogle sees promise in market pullbacks
A strategy to make money in this crazy market
Record $29.5 billion yanked from stock funds

Roubini: Better early warning system is needed

Why you should worry and be happy that stocks aren’t a sure bet
Both worry, be happy that stocks aren’t a sure bet
This wild market is no threat to your income and spending

A sign for Moody's rating agency is displayed at the company headquarters in New York, September 18, 2012.  AFP PHOTO/Emmanuel Dunand        (Photo credit should read EMMANUEL DUNAND/AFP/GettyImages)
ADP debt-funded buyback raises Moody’s ire

Democratic leaders frustrated by Clinton’s handling of email issue
More frustration with Clinton on email issue
Poll shows Biden running stronger than Clinton
Trump: I’m OK with raising taxes on myself

Poland looks next to turn against the EU

China wins the Battle of Mountain Pass
China just undermined the U.S. Defense Department

China may be in worse shape than most of us think
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
‘Loch Ness monster’ and China's mystery rally

These are the best jobs for millennials
These are the best jobs for millennials


How momentum investing could go out of style
Momentum investing could be going out of style

Tesla Model S scores 103 on 100-point scale
Tesla Model S scores 103 on 100-point scale
Elon Musk retweets slow-driving Tesla owner
Colbert should ask Elon Musk, Kalanick this
$400,000 supercar goes up in flames

How to cope when you’re suddenly uninsured

/conga/frontpage.html 353613

Markets »

131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,373 +13 0.54%
Gold
/quotes/zigman/662444/delayed 1,133 +11 0.95%
Oil
/quotes/zigman/2331095/delayed 45.33 +2.77 6.51%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,299 -17 0.17%
CAC 40
/quotes/zigman/3173214/delayed 4,675 +17 0.36%
FTSE MIB
/quotes/zigman/1482176/delayed 21,994 -208 0.93%
IBEX 35
/quotes/zigman/2759620/delayed 10,353 +63 0.61%
Stoxx 600
/quotes/zigman/2380150/delayed 363 +1 0.28%
Asia Dow
/quotes/zigman/6959860/realtime 2,798 +45 1.64%
Nikkei 225
/quotes/zigman/5986735/delayed 19,136 +562 3.03%
Hang Seng
/quotes/zigman/2622475/delayed 21,612 -226 1.04%
Shanghai
/quotes/zigman/1859015/delayed 3,232 +149 4.82%
Sensex
/quotes/zigman/1652085/delayed 26,392 +161 0.61%
Singapore
/quotes/zigman/1709939/delayed 2,956 +11 0.36%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.54%
Yen
/quotes/zigman/16008150/realtime/sampled 121.70 +0.67 0.55%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 0.00 0.07%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 +0.00 0.03%
DXY Index
/quotes/zigman/1652083/delayed 96.15 +0.38 0.40%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.50 +0.24 0.27%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 0.00 0.12%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.00 0.17%
Italy 10yr
/quotes/zigman/15866497/realtime 1.91 -0.02 0.80%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 +0.01 0.26%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 -0.01 2.48%
Crude Oil
/quotes/zigman/2331095/delayed 45 +3 6.51%
Gold
/quotes/zigman/662444/delayed 1,133 +11 0.95%
Corn
/quotes/zigman/7599553/delayed 374 -1 0.20%
DJIA F
/quotes/zigman/38649152/delayed 16,632 -18 0.11%
S&P F
/quotes/zigman/30356461/delayed 1,986 -3 0.15%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.89%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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