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Morgan Stanley cuts S&P 500 price target
Dollar Tree swings to net loss
GE wins $1 bln of orders in Asia-Pacific region
Penn West to cut staff 35%, suspend payout
U.S. car sales cool in August on late Labor Day
European markets fall | FTSE 100 down
Berkeley to join FTSE 100 index; Weir to go
Dollar slides against yen | Oil prices pull back
Chinese factory data pull Asian shares lower
Man Group's China chief in custody: report

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Avi Gilburt: There is a lot of bull left in this stock market
There’s a lot of bull left in this stock market

Gold screams summer stock correction not over
Gold screams stock correction not over

Unlucky lottery winner gets IOU from Illinois

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Chinese factory activity hits 3-year low

China sets new yuan rules

Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Taleb’s ‘Black Swan’ fund made $1 bln in a week

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man

Ode to that legendary New York steakhouse the Palm

U.S. ready to punish China firms over cyber theft

Teacher with 111 tardies puts blame on breakfast
The automat is back — with a lot more quinoa

If Donald Trump can do it, why not Kanye West?
Dissatisfied voters are fueling Sanders, Trump

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August


/conga/frontpage.html 353800

Markets »

25.66MDow Volume:
Avg Vol: 109.98M
Unchanged
150
Decliners
4811
Advancers
1013
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 16,198 -330 2.00%
Nasdaq
/quotes/zigman/12633936/realtime 4,700 -76 1.59%
S&P 500
/quotes/zigman/3870025/realtime 1,934 -38 1.95%
GlobalDow
/quotes/zigman/629063/realtime 2,304 -50 2.14%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Oil
/quotes/zigman/2331095/delayed 47.53 -1.67 3.39%
FTSE 100
/quotes/zigman/3173262/delayed 6,076 -172 2.75%
DAX
/quotes/zigman/2380246/delayed 10,019 -241 2.35%
CAC 40
/quotes/zigman/3173214/delayed 4,546 -107 2.29%
FTSE MIB
/quotes/zigman/1482176/delayed 21,497 -445 2.03%
IBEX 35
/quotes/zigman/2759620/delayed 10,021 -238 2.32%
Stoxx 600
/quotes/zigman/2380150/delayed 353 -10 2.65%
Asia Dow
/quotes/zigman/6959860/realtime 2,716 -68 2.45%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.35%
Yen
/quotes/zigman/16008150/realtime/sampled 120.03 -1.20 0.99%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.10%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 0.96%
DXY Index
/quotes/zigman/1652083/delayed 95.66 -0.27 0.28%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.26 -0.17 0.20%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.03 1.48%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.06 8.25%
Italy 10yr
/quotes/zigman/15866497/realtime 1.98 +0.06 3.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.12 +0.06 3.06%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 1.19%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 48 -2 3.39%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Corn
/quotes/zigman/7599553/delayed 371 -5 1.20%
DJIA F
/quotes/zigman/38649152/delayed 16,238 -270 1.64%
S&P F
/quotes/zigman/30356461/delayed 1,937 -32 1.64%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.03%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.18 -1.25 -1.40%
AAPL /quotes/zigman/68270/composite 111.08 -1.68 -1.49%
GOOG /quotes/zigman/30194416/composite 607.47 -10.78 -1.74%
BAC /quotes/zigman/190927/composite 15.86 -0.48 -2.94%
C /quotes/zigman/5065548/composite 51.56 -1.92 -3.59%
F /quotes/zigman/264304/composite 13.99 0.12 0.84%
T /quotes/zigman/398198/composite 32.71 -0.49 -1.48%
BP /quotes/zigman/247026/composite 32.43 -1.11 -3.30%
GE /quotes/zigman/227468/composite 24.18 -0.64 -2.58%
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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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Trending Tickers
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SmartMoney Blogs

Encore
A blog about living in and planning for retirement

Retirement Income: Are You Getting It Wrong?

iStockPhoto

How much of your current income will you need in retirement? A new study by behavioral economist Dan Ariely offers evidence that we’re asking this crucial question the wrong way.

Ariely’s study first asked people how much of their final salary they thought they’d need in retirement. Most people said 75% — but they also said they’d heard that rule of thumb from the financial industry. Next, Ariely and his team approached the question in a different way, asking people what kind of life they wanted to lead in retirement, and what kinds of things they planned to do. To fund the lifestyle they wanted, they calculated, people would need 135% of their final salary.

“If you think about it,” Ariely writes, “this should not be very surprising: If you add 8 hours (or more) of free time to someone’s day, they will probably not want to spend this extra time by going for long walks on the beach and watching TV – instead they may want to engage in activities that cost money.”

The lesson: A better way to posit the retirement income question is to think about how you’ll really spend your time and what those activities will cost.  To figure out what you might spend in retirement, check out SmartMoney’s Retirement Planner here.

Ariely is a professor at Duke University and the author of “Predictably Irrational” and “The Upside of Irrationality”; SmartMoney profiled him and his research on behavioral finance earlier this year. For more updates on his work, check out his blog.

Comments

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

Comments (3 of 3)

View all Comments »
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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

New York Markets Close in:

need to know
Morgan Stanley cuts S&P 500 price target
Dollar Tree swings to net loss
GE wins $1 bln of orders in Asia-Pacific region
Penn West to cut staff 35%, suspend payout
U.S. car sales cool in August on late Labor Day
European markets fall | FTSE 100 down
Berkeley to join FTSE 100 index; Weir to go
Dollar slides against yen | Oil prices pull back
Chinese factory data pull Asian shares lower
Man Group's China chief in custody: report

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Avi Gilburt: There is a lot of bull left in this stock market
There’s a lot of bull left in this stock market

Gold screams summer stock correction not over
Gold screams stock correction not over

Unlucky lottery winner gets IOU from Illinois

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Chinese factory activity hits 3-year low

China sets new yuan rules

Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Taleb’s ‘Black Swan’ fund made $1 bln in a week

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man

Ode to that legendary New York steakhouse the Palm

U.S. ready to punish China firms over cyber theft

Teacher with 111 tardies puts blame on breakfast
The automat is back — with a lot more quinoa

If Donald Trump can do it, why not Kanye West?
Dissatisfied voters are fueling Sanders, Trump

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August


/conga/frontpage.html 353800

Markets »

25.69MDow Volume:
Avg Vol: 109.98M
Unchanged
150
Decliners
4811
Advancers
1013
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 16,196 -332 2.01%
Nasdaq
/quotes/zigman/12633936/realtime 4,700 -76 1.60%
S&P 500
/quotes/zigman/3870025/realtime 1,934 -39 1.96%
GlobalDow
/quotes/zigman/629063/realtime 2,304 -50 2.14%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Oil
/quotes/zigman/2331095/delayed 47.54 -1.66 3.37%
FTSE 100
/quotes/zigman/3173262/delayed 6,076 -172 2.75%
DAX
/quotes/zigman/2380246/delayed 10,018 -241 2.35%
CAC 40
/quotes/zigman/3173214/delayed 4,546 -107 2.29%
FTSE MIB
/quotes/zigman/1482176/delayed 21,495 -447 2.04%
IBEX 35
/quotes/zigman/2759620/delayed 10,021 -238 2.32%
Stoxx 600
/quotes/zigman/2380150/delayed 353 -10 2.65%
Asia Dow
/quotes/zigman/6959860/realtime 2,716 -68 2.45%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.37%
Yen
/quotes/zigman/16008150/realtime/sampled 120.02 -1.21 1.00%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.10%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 0.93%
DXY Index
/quotes/zigman/1652083/delayed 95.66 -0.27 0.28%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.26 -0.17 0.20%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.03 1.48%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.06 8.58%
Italy 10yr
/quotes/zigman/15866497/realtime 1.98 +0.06 3.06%
Spain 10yr
/quotes/zigman/15866444/realtime 2.12 +0.06 3.10%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 1.19%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 48 -2 3.37%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Corn
/quotes/zigman/7599553/delayed 371 -5 1.20%
DJIA F
/quotes/zigman/38649152/delayed 16,239 -269 1.63%
S&P F
/quotes/zigman/30356461/delayed 1,938 -31 1.57%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.06%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.16 -1.27 -1.42%
AAPL /quotes/zigman/68270/composite 111.03 -1.73 -1.53%
GOOG /quotes/zigman/30194416/composite 607.72 -10.53 -1.70%
BAC /quotes/zigman/190927/composite 15.86 -0.48 -2.94%
C /quotes/zigman/5065548/composite 51.54 -1.94 -3.63%
F /quotes/zigman/264304/composite 13.99 0.12 0.87%
T /quotes/zigman/398198/composite 32.65 -0.55 -1.66%
BP /quotes/zigman/247026/composite 32.47 -1.07 -3.19%
GE /quotes/zigman/227468/composite 24.19 -0.63 -2.54%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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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

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/12221594/composite AMBA-3.58%
  • /quotes/zigman/109619/composite DLTR-8.21%
  • /quotes/zigman/357940/composite FXI-3.93%
  • /quotes/zigman/250106/composite WWE-1.99%
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Link to MarketWatch's Slice.

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