Calculating your future
Do you know how much money it will take to fund your retirement? Like many Americans, you may have no idea. However, there are plenty of free online retirement calculators that can help you figure out how much you’ll need to set aside.
Security retirement earnings, visit www.ssa.gov/estimator. (Keep in mind that these Web-based tools use different financial assumptions, so you may get varying results from each calculator.)
afford to keep all your money in investment vehicles that are generating only 2 or 3 percent a year because inflation will erode your savings. To protect your savings, you need to have a percentage of your funds in the stock market, or other investments that can act as a hedge against inflation.”
When you’re interviewing prospective advisers, here are a few questions to ask:
12:00 AM EST
January 16, 2009