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need to know
Planet Fitness rises after earnings beat
Five Below shares tank in late trading
Oil stages turnaround to top $46 a barrel
The 11 richest people on the planet under 35
How estate planning can be stress-free
Get last-minute, cheap Broadway tickets
Babe Ruth’s New York apartment is for sale

Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
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Markets »

133.48MDow Volume:
Avg Vol: 111.86M
Unchanged
201
Decliners
1922
Advancers
4480
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
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Dow
/quotes/zigman/627449/realtime 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,313 +18 0.78%
Gold
/quotes/zigman/662444/delayed 1,133 -7 0.58%
Oil
/quotes/zigman/2331095/delayed 46.05 +0.64 1.41%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,703 -14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.01%
Yen
/quotes/zigman/16008150/realtime/sampled 120.32 -0.01 0.01%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.02%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.03%
DXY Index
/quotes/zigman/1652083/delayed 95.89 +0.52 0.54%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.56 0.00 0.00%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 +0.03 1.35%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.45%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 46 +1 1.41%
Gold
/quotes/zigman/662444/delayed 1,133 -7 0.58%
Corn
/quotes/zigman/7599553/delayed 367 -2 0.54%
DJIA F
/quotes/zigman/38649152/delayed 16,338 +251 1.56%
S&P F
/quotes/zigman/30356461/delayed 1,948 +32 1.68%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.31%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
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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

Nearly Half of Boomers Fully Retired By 65

The advice – and, in many cases, the warning – has become a given: Most Americans entering their 50s and 60s will have to keep working well past their planned retirement dates to make up for shortfalls in savings.

Well, some baby boomers, apparently, didn’t get the memo.

A new report from the MetLife Mature Market Institute, “Transitioning into Retirement,” looks at the oldest boomers, those who turned 65 in 2011. Among the key findings: Almost twice as many 65-year-olds told researchers that they were fully retired as were working full time: 45% and 24%, respectively.

“Despite the conventional wisdom that boomers are ready to ‘work forever’ and significantly extend their formal working career, many of the oldest boomers are already well into the retirement phase,” the report states.

Indeed, the average age at retirement for those surveyed was 59.7 for men and 57.2 for women. What’s more, a “large majority of those who have transitioned into their retirement,” the study notes, “also report that they are well satisfied with this new stage of their lives.”

The findings, of course, involve a relatively small slice of the baby-boom generation, born between 1946 and 1964. And the reasons why many 65-year-olds are retired may give younger workers pause.

Only 6% of those who identified themselves as fully retired said they walked away from the office because “they could afford to” or “had enough money.” Fully 36% – the biggest percentage – said they retired simply because they had reached their retirement age and “wanted to.”

Almost one in five – 18% – said they retired because of health reasons, and 6% said they were laid off and couldn’t find work. Fourteen percent said they “needed” to retire, or were “tired of working.”

On a more positive note, almost half of leading-edge boomers – 43% – are optimistic about the future in the long-term. That compares with fewer than one in five who are pessimistic. And 85% of those surveyed described themselves as being in excellent, very good or good health.

Comments

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    • Hurrah! Its also nice post concerning JavaScript, I am really eager of learning JavaScript. thanks admin

    • Amazing YouTube movies posted at this site, I am going to subscribe for regularly updates, for the reason that I donit wish for to miss this series.

    • When analysts “do the numbers,” they tend to conclude Boomers don’t have enough money to retiree (on average), so they will work significantly longer (on average). Real people change basic decision patters slowly, often only when forced.

      I suspect most near-retirees will continue to retire at traditional times, with small changes at the margins of their lives. They may live a little smaller (stay home instead of moving to a new retirement community, taking care of grandchildren rather than touring distant lands, joining low-cost, hometown recreational groups at churches or senior centers, etc.), may ask for help from family, and may hope for better investment returns. Some will return to part-time employment. They will make millions of different minor adjustments in life rather than continue working full time for years past their planned retirement age.

      Study seems to confirm that large populations make big changes only gradually.

    • I am happy to hear that some individuals are moving on to their golden years. I sincerely hope you enjoy retirement after working for 40 years to make this country what it is. I am not being sarcastic here at all.

      That being said, after reviewing the statistics above and a few of the comments there are some things that need to be addressed.

      First, those complaining that houses are more expensive and the dow has risen significantly are not taking into consideration inflation. Prices will rise over time, that is just how our system works. Those who share my situation and are just starting their careers are benefiting from a higher wage rate due to inflation as well.

      Second, many of you recognize that social security has a very real risk of failure in the near future. If it fails, it will probably be late into your retirement years. I believe the statistics above stated that only 6% of people retired because they had made enough money to retire on. If you run out of money your golden years might not look so golden. It will fall to either the taxpayers or your loved ones to make up the shortfall. Working a few more years will help to alleviate this problem by postponing your retirement withdrawals and allowing for additional compounding of your investment returns. Even working part time can make a significant difference. I don’t think you should give any thought to the taxpayers, this isn’t socialism, but you might want to think about which of your loved ones you might potentially burden. For those of you who retired because you can’t find work, I am sorry. If you are still looking goodluck.

      Remember, I am 25 years old and will be graduating from school next year. It is not in my interest to have you stick around in the work place. If you postpone retirement my promotions may be postponed in the future since there will be a ripple effect throughout an organization.

    • life is very short

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 After Hours

need to know
Planet Fitness rises after earnings beat
Five Below shares tank in late trading
Oil stages turnaround to top $46 a barrel
The 11 richest people on the planet under 35
How estate planning can be stress-free
Get last-minute, cheap Broadway tickets
Babe Ruth’s New York apartment is for sale

Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354002

Markets »

133.48MDow Volume:
Avg Vol: 111.86M
Unchanged
201
Decliners
1922
Advancers
4480
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 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,313 +18 0.78%
Gold
/quotes/zigman/662444/delayed 1,133 -7 0.58%
Oil
/quotes/zigman/2331095/delayed 46.05 +0.64 1.41%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,703 -14 0.53%
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 1.12 +0.00 0.01%
Yen
/quotes/zigman/16008150/realtime/sampled 120.32 -0.01 0.01%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.02%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.03%
DXY Index
/quotes/zigman/1652083/delayed 95.89 +0.52 0.54%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.56 0.00 0.00%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 +0.03 1.35%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.14 +0.08 3.76%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 46 +1 1.41%
Gold
/quotes/zigman/662444/delayed 1,133 -7 0.58%
Corn
/quotes/zigman/7599553/delayed 367 -2 0.54%
DJIA F
/quotes/zigman/38649152/delayed 16,338 +251 1.56%
S&P F
/quotes/zigman/30356461/delayed 1,948 +32 1.68%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.31%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
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
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