Retirement Living

New ways to shelter your retirement (CNN Money)

Wed, 19 Aug 2009 04:55:26 +0000

For years a cardinal rule of retirement investing has been to put every penny you can into IRAs, 401(k)s, and other tax-deferred accounts. That advice rested on a commonsense assumption: that after you stopped working you’d move into a lower tax bracket. That was important because the money you take out of a tax-deferred account is subject to ordinary income taxes.

New strategies to shelter your retirement savings (Fortune via Yahoo! Finance)

Wed, 19 Aug 2009 04:51:00 +0000

For years a cardinal rule of retirement investing has been to put every penny you can into IRAs, 401s, and other tax-deferred accounts. That advice rested on a commonsense assumption: that after you stopped working you’d move into a lower tax bracket.

Emergency: Break piggy bank, not nest egg (CNN Money)

Wed, 19 Aug 2009 04:25:12 +0000

Question: I’m 25 years old and am considering upping my contribution to my 401(k) from 20% of my salary to 30%. My only hesitation is that I don’t currently have any other savings. What do you think? Should I just go ahead and build my 401(k) as much as I can or should I set aside some savings in another account? –Jonathan M., Rockville, Maryland

Don’t forego an emergency savings fund for a bigger 401(k) (Money via Yahoo! Finance)

Wed, 19 Aug 2009 04:21:00 +0000

Question: I’m 25 years old and am considering upping my contribution to my 401 from 20% of my salary to 30%. My only hesitation is that I don’t currently have any other savings. What do you think?

Austrian alpine ski star Renate Goetschl announces retirement, says she’s pregnant (Los Angeles Times)

Wed, 19 Aug 2009 03:56:56 +0000

VIENNA (AP) — Austrian alpine ski star Renate Goetschl announced her retirement Wednesday, saying she’s pregnant and can’t properly prepare for the upcoming World Cup circuit or the 2010 Winter Olympics .

Favre was for retirement before he was against it (AP via Yahoo! News)

Wed, 19 Aug 2009 03:18:40 +0000

It’s worth remembering one more time that Brett Favre was for retirement before he was against it.

Pro retirement: Aloha doesn’t necessarily mean goodbye (Denver Post)

Wed, 19 Aug 2009 02:18:45 +0000

Brett Favre’s latest retirement lasted all of three weeks. The three-time MVP and former Green Bay stalwart and New York Jets rental has done an about-face for the second time in as many years and will play for the Vikings this season.

Ask the Experts: Self-employed can set up retirement plans (The Sacramento Bee)

Wed, 19 Aug 2009 02:03:37 +0000

Setting up retirement accounts. Making financial gifts to minors. Creating a living trust. This week, two of our “Ask the Experts” writers – certified financial planner Cynthia S. Meyers and estate attorney Mark S. Drobny – tackle those topics.

Favre comes out of retirement again (Sky News Australia)

Wed, 19 Aug 2009 01:35:54 +0000

NFL great Brett Favre has turned his back on retirement for the second time in as many years by agreeing to play for the Minnesota Vikings.

Favre comes out of retirement again (BigPond News)

Wed, 19 Aug 2009 01:34:10 +0000

NFL great Brett Favre has turned his back on retirement by agreeing to play for the Minnesota Vikings.