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5 charts show how markets panicked
Europe stocks rebound | FTSE 100 flies
German GDP grows 0.3% as exports decline
Nikkei posts worst weekly drop since 2008
Clinton, Sanders clash over costs at debate
Uber to pay riders millions to settle safety suits

Is it really 2008 all over again?
Is it really 2008 all over again?



CEO Jamie Dimon’s $26 million bet on J.P. Morgan
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5 things to know about the Costco and AmEx breakup

U.S., Russia agree to Syrian cease-fire

Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

How to buy a used car
How you should buy a used car



Japan warns investors about surging yen

Chart shows moment BOJ drove the yen lower
Japan will 'act appropriately' over yen: fin. min .
Worried about the stock market? Watch yen
North Korea reportedly executed top general

Sweden’s negative  rate isn’t as scary as it appears
Which of Europe’s PIIGs might be set to fly?

Have central banks lost market credibility?

Yellen in Senate: Stock swoon not Fed's  fault

Boeing has long history of probes on accounting
Boeing's stock plunge of historic proportions

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6 movie roles that are perfect for Martin Shkreli
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Markets »

172.07MDow Volume:
Avg Vol: 132.13M
Unchanged
147
Decliners
4753
Advancers
1612
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 15,660 -255 1.60%
Nasdaq
/quotes/zigman/12633936/realtime 4,267 -17 0.39%
S&P 500
/quotes/zigman/3870025/realtime 1,829 -23 1.23%
GlobalDow
/quotes/zigman/629063/realtime 2,042 -5 0.25%
Gold
/quotes/zigman/33772884/delayed 1,241 -7 0.54%
Oil
/quotes/zigman/2260836/delayed 27.45 +1.24 4.73%
FTSE 100
/quotes/zigman/3173262/delayed 5,627 +90 1.63%
DAX
/quotes/zigman/2380246/delayed 8,869 +116 1.32%
CAC 40
/quotes/zigman/3173214/delayed 3,938 +42 1.07%
FTSE MIB
/quotes/zigman/1482176/delayed 16,141 +368 2.33%
IBEX 35
/quotes/zigman/2759620/delayed 7,803 +57 0.73%
Stoxx 600
/quotes/zigman/2380150/delayed 309 +5 1.72%
Asia Dow
/quotes/zigman/6959860/realtime 2,390 -47 1.91%
Nikkei 225
/quotes/zigman/5986735/delayed 14,953 -761 4.84%
Hang Seng
/quotes/zigman/2622475/delayed 18,320 -226 1.22%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,986 +34 0.15%
Singapore
/quotes/zigman/1709939/delayed 2,540 +2 0.07%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 0.00 0.42%
Yen
/quotes/zigman/16008150/realtime/sampled 112.68 +0.25 0.22%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.00 0.21%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.14%
DXY Index
/quotes/zigman/1652083/delayed 95.83 +0.23 0.24%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.94 +0.17 0.19%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.67 +0.01 0.52%
German 10y
/quotes/zigman/15866409/realtime 0.21 +0.02 9.03%
Italy 10yr
/quotes/zigman/15866497/realtime 1.66 -0.06 3.61%
Spain 10yr
/quotes/zigman/15866444/realtime 1.76 -0.01 0.79%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.35 +0.05 3.51%
Japan 10yr
/quotes/zigman/15866525/realtime 0.08 +0.06 442.45%
Crude Oil
/quotes/zigman/2260836/delayed 27 +1 4.73%
Gold
/quotes/zigman/33772884/delayed 1,241 -7 0.54%
Corn
/quotes/zigman/25518691/delayed 360 0 0.07%
DJIA F
/quotes/zigman/48241424/delayed 15,710 +98 0.63%
S&P F
/quotes/zigman/43106711/delayed 1,838 +14 0.74%
Silver
/quotes/zigman/32655632/delayed 16 0 0.41%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.91 0.91 0.90%
AAPL /quotes/zigman/68270/composite 93.70 -0.57 -0.60%
GOOG /quotes/zigman/59527964/composite 683.11 -1.01 -0.15%
BAC /quotes/zigman/190927/composite 11.16 -0.82 -6.84%
C /quotes/zigman/5065548/composite 34.98 -2.43 -6.50%
F /quotes/zigman/264304/composite 11.17 -0.17 -1.50%
T /quotes/zigman/398198/composite 36.21 -0.22 -0.60%
BP /quotes/zigman/247026/composite 27.64 -0.40 -1.43%
GE /quotes/zigman/227468/composite 27.45 -0.85 -3.00%
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Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.6%
MMA $10K+
0.2%
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 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

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SmartMoney Blogs

Encore
A blog about living in and planning for retirement

Is 70 the New Retirement Age?

Yes, working beyond your planned retirement date might be the best way to secure your financial future. But you might not have to work for as long as you think – or fear.

Lisa F. Young / Shutterstock.com

A new study from the Center for Retirement Research at Boston College looks at how much longer households have to work beyond age 65 to be prepared for retirement. The finding: Over 85% of households would be prepared to retire by age 70. Put another way, many Americans – who now fear they will have to work “forever” – could enter retirement after working between one and six years beyond age 65, depending on the size of their nest eggs.

“The results paint a different picture than recent opinion surveys, which find that people anticipate that they will have to work much longer,” the report states.

The study is titled: “National Retirement Risk Index: How Much Longer Do We Need to Work?” The National Retirement Risk Index measures the share of U.S. households “at risk” of being unable to maintain their pre-retirement standard of living in retirement.

Currently, in the wake of the financial crisis of 2008-2009, just over half – 51% – of today’s working households are at risk, according to the center. But an important assumption in calculating that number is that people retire at age 65. If people were to work longer, the percentage at risk would fall. Thus the question, as outlined in the report: “At what age would the vast majority of households be ready to retire?”

By estimating target “replacement rates” (retirement income as a share of wage-adjusted lifetime income) and calculating the “age of readiness” (the age at which a household’s projected replacement rate equals its target replacement rate), the center estimates that:

  • 23% of U.S. households would need to work one to three years beyond age 65 to “attain readiness” for retirement;
  • 17% of households would need to work four to six years beyond age 65;
  • 9% of households would need to work seven years or more.

While the numbers suggest that “today’s workers will need to work longer than their parents,” the study concludes, workers today “are also healthier and better educated, generally have less physically demanding jobs, and can expect to live longer. In short, working longer is feasible for most households, and it does not mean working forever.”

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 55)

View all Comments »
    • “Only people like John Edwards, by “channeling” spriits in the court room really earn their money”…LOL!Oh that was a most excellent zinger sir! Damn near drowned on my coffee while reading that…Oh yeah, good question about “data set” too…I would love to hear that question answered…Well right now it seems that Edwards is channeling Jesus:

    • You keep reading about working past 65 and beyond. But the reality is unless you are one of the lucky ones to hang on to your job, getting a job past 50 other than school bus driver can be next to impossible.

    • Thank you BBJJ!!!

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 Open in:

Futures: /quotes/zigman/43106711/delayed S&P 500 +0.7% /quotes/zigman/48241424/delayed DOW +0.6% /quotes/zigman/43108768/delayed NASDAQ +0.7%

need to know
5 charts show how markets panicked
Europe stocks rebound | FTSE 100 flies
German GDP grows 0.3% as exports decline
Nikkei posts worst weekly drop since 2008
Clinton, Sanders clash over costs at debate
Uber to pay riders millions to settle safety suits

Is it really 2008 all over again?
Is it really 2008 all over again?



CEO Jamie Dimon’s $26 million bet on J.P. Morgan
Jamie Dimon joins the ex-billionaires club

Big banks are fleeing the mortgage market
Big banks are fleeing the mortgage market

Think like Buffett, and buy what's ugly
Think like Buffett, and buy what's ugly


5 things to know about the Costco and AmEx breakup

U.S., Russia agree to Syrian cease-fire

Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

How to buy a used car
How you should buy a used car



Japan warns investors about surging yen

Chart shows moment BOJ drove the yen lower
Japan will 'act appropriately' over yen: fin. min .
Worried about the stock market? Watch yen
North Korea reportedly executed top general

Sweden’s negative  rate isn’t as scary as it appears
Which of Europe’s PIIGs might be set to fly?

Have central banks lost market credibility?

Yellen in Senate: Stock swoon not Fed's  fault

Boeing has long history of probes on accounting
Boeing's stock plunge of historic proportions

Pandora’s spending plans dismay investors

Only biotech companies have braved IPO market this year — with insider help
Only biotech firms have braved this IPO market

College freshmen are most liberal since Vietnam

Most popular new iOS emoji? Eye roll, please ...

 
Trust the BLS more than the Dow: top economist

What boomers can teach millennials in online dating
Boomers’ lessons for millennials about online dating

6 perfect roles for Martin Shkreli, Hollywood’s next leading man
6 movie roles that are perfect for Martin Shkreli
There’s a ‘Jane’ in nearly all Hollywood scripts

/conga/frontpage.html 367809

Markets »

172.07MDow Volume:
Avg Vol: 132.13M
Unchanged
147
Decliners
4753
Advancers
1612
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 15,660 -255 1.60%
Nasdaq
/quotes/zigman/12633936/realtime 4,267 -17 0.39%
S&P 500
/quotes/zigman/3870025/realtime 1,829 -23 1.23%
GlobalDow
/quotes/zigman/629063/realtime 2,042 -5 0.25%
Gold
/quotes/zigman/33772884/delayed 1,241 -7 0.56%
Oil
/quotes/zigman/2260836/delayed 27.45 +1.24 4.73%
FTSE 100
/quotes/zigman/3173262/delayed 5,627 +90 1.63%
DAX
/quotes/zigman/2380246/delayed 8,869 +116 1.32%
CAC 40
/quotes/zigman/3173214/delayed 3,938 +42 1.07%
FTSE MIB
/quotes/zigman/1482176/delayed 16,141 +368 2.33%
IBEX 35
/quotes/zigman/2759620/delayed 7,803 +57 0.73%
Stoxx 600
/quotes/zigman/2380150/delayed 309 +5 1.72%
Asia Dow
/quotes/zigman/6959860/realtime 2,390 -47 1.91%
Nikkei 225
/quotes/zigman/5986735/delayed 14,953 -761 4.84%
Hang Seng
/quotes/zigman/2622475/delayed 18,320 -226 1.22%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,986 +34 0.15%
Singapore
/quotes/zigman/1709939/delayed 2,540 +2 0.07%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 0.00 0.42%
Yen
/quotes/zigman/16008150/realtime/sampled 112.68 +0.25 0.22%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.00 0.21%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.14%
DXY Index
/quotes/zigman/1652083/delayed 95.83 +0.23 0.24%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.94 +0.17 0.19%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.67 +0.01 0.52%
German 10y
/quotes/zigman/15866409/realtime 0.21 +0.02 9.03%
Italy 10yr
/quotes/zigman/15866497/realtime 1.66 -0.06 3.61%
Spain 10yr
/quotes/zigman/15866444/realtime 1.76 -0.01 0.79%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.35 +0.05 3.51%
Japan 10yr
/quotes/zigman/15866525/realtime 0.08 +0.06 442.45%
Crude Oil
/quotes/zigman/2260836/delayed 27 +1 4.73%
Gold
/quotes/zigman/33772884/delayed 1,241 -7 0.56%
Corn
/quotes/zigman/25518691/delayed 360 0 0.07%
DJIA F
/quotes/zigman/48241424/delayed 15,710 +98 0.63%
S&P F
/quotes/zigman/43106711/delayed 1,838 +14 0.74%
Silver
/quotes/zigman/32655632/delayed 16 0 0.41%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.91 0.91 0.90%
AAPL /quotes/zigman/68270/composite 93.70 -0.57 -0.60%
GOOG /quotes/zigman/59527964/composite 683.11 -1.01 -0.15%
BAC /quotes/zigman/190927/composite 11.16 -0.82 -6.84%
C /quotes/zigman/5065548/composite 34.98 -2.43 -6.50%
F /quotes/zigman/264304/composite 11.17 -0.17 -1.50%
T /quotes/zigman/398198/composite 36.21 -0.22 -0.60%
BP /quotes/zigman/247026/composite 27.64 -0.40 -1.43%
GE /quotes/zigman/227468/composite 27.45 -0.85 -3.00%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.6%
MMA $10K+
0.2%
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 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

Top 3 from Barron's

Today's list of the most-viewed stories from Barron's. More »

  1. 1.
  2. 2.
  3. 3.

Visit Barrons.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/110164/composite ATVI+1.23%
  • /quotes/zigman/7212269/composite GRPN-0.44%
  • /quotes/zigman/5419837/composite P+8.21%
  • /quotes/zigman/61650280/composite SQ-2.93%
  • /quotes/zigman/288539/composite BG-18.21%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration