BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Kiplinger's Offering Free Retirement Advice]]>http://www.bloggingstocks.com/2010/01/21/kiplingers-offering-free-retirement-advice-this-weekend/http://www.bloggingstocks.com/2010/01/21/kiplingers-offering-free-retirement-advice-this-weekend/http://www.bloggingstocks.com/2010/01/21/kiplingers-offering-free-retirement-advice-this-weekend/#commentsFiled under: ,

Looking for a little free financial advice this weekend? Kiplinger's Personal Finance magazine and the National Association of Personal Financial Advisors (NAPFA) are going to give you some from Friday January 22 through and on January 26. The two are going to team up to sponsor "Jump-Start Your Retirement Days."

Normally, Kiplinger's requires a fee to answer these financial questions, charging anywhere from $150 to $300 an hour, but here it offers consumers free retirement advice online or by phone.

Continue reading Kiplinger's Offering Free Retirement Advice

Kiplinger's Offering Free Retirement Advice originally appeared on BloggingStocks on Thu, 21 Jan 2010 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>financial adviceFinancialAdvicekiplingerKiplingersKiplingers Personal FinanceKiplingersPersonalFinanceretirementretirement planningRetirementPlanningThu, 21 Jan 2010 09:40:00 EST<![CDATA[Many people stop contributing to their retirement plans]]>http://www.bloggingstocks.com/2008/10/28/many-people-quit-contributing-to-their-retirement-plans/http://www.bloggingstocks.com/2008/10/28/many-people-quit-contributing-to-their-retirement-plans/http://www.bloggingstocks.com/2008/10/28/many-people-quit-contributing-to-their-retirement-plans/#commentsFiled under: ,

Here is a frightening statistic: about 63% of people with retirement accounts have stopped contributing to them. That little nugget comes courtesy of a recent survey conducted for TD Ameritrade (NASDAQ: AMTD).

Half of those who stopped contributing to their retirement accounts cited "financial strain due to the economic downturn." Another 32% cited unemployment, while 25% mentioned health care costs, according to a company press release. Of those polled, 34% had less than $50,000 in investable assets.

Many of the people who've quit or curtailed contributing -- nearly one in four -- are aged 35 to 44, which should be prime earning years. I am not going to bore you with financial planning 101, but the earlier you start to save (absent a market meltdown), the better because over time the stock market is your friend. Lately, though, it has not been much of one.

Mulling over this survey got me thinking that whoever is elected president is going to face the gargantuan challenge of rebuilding the financial security of millions of Americans who are being forced to push back their retirement plans or who have mortgages they can no longer afford. It's going to take years for people to rebuild their nest eggs and undo the damage they have done to their credit by over-extending themselves. Many people may never be able to return to their former lifestyles.

Of course, that may not be such a bad thing. If this crisis has taught us anything, it's that people need to live within their means.

Many people stop contributing to their retirement plans originally appeared on BloggingStocks on Tue, 28 Oct 2008 14:27:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>401KAMTDfeaturedinvestingnasdaqnyseREtirement planningRetirementPlanningstock marketStockMarketTue, 28 Oct 2008 14:27:00 EST