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America has a serious problem saving for retirement.
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Question: I’m 66 and have major stock losses in my investment accounts. Can I use those losses to reduce what I’ll owe in income taxes? —Ben G., Roanoke, Texas
Answer: Unless the stock market does an abrupt about-face and claws its way back into positive territory in the next two months, a lot of people like [...]
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Question: Does the current crisis have any effect on my defined-benefit pension plan?  I just turned 55 and was getting ready to start drawing from it. Will the amount I receive change now? —Lynn, Hephzibah, Georgia
Answer: The short answer is no. Just because the stock market has been reeling and the economy is in a [...]
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You can always make a case to regularly retool your account - and this year, it’s especially important.
Normally I rebalance my 401(k) at the end of the year. But considering the losses I have in my account, do you think I would be better off waiting for the market to stabilize before rebalancing? - Samuel [...]
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Question: I have $100,000 in an annuity with AIG that my mom and I depend on for income to live. Should I cash it out even though I would suffer a loss, or do you think I should hold onto it? It’s so hard to know what to do. —Kitty Schwartz, Plano, Texas
Answer: Most people [...]
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Take our quiz to see whether you're on track.
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If you can learn from the mistakes of others, now is a great time to be an investor.
Question: I’m inexperienced when it comes to investing, but I want to build a more secure financial future. What tips or suggestions do you have for a young investor like me? —Caleb Bond, Denver
Answer: It’s a great [...]
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The stock market keeps taking a hammer to the conventional wisdom about retirement investing.
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Question: I'm 36 and have saved only about $20,000 for retirement. How much per year should I try to save for the next 30 years to assure I'll have a reasonable retirement? --Beth, Grove City, Ohio
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