The scariest thing about retiring in this stagnant economy is that if you do realize you're running out of money, it will be tough to find a job that pays as well as the one you had -- much less find one at all.
Each time the market plunges, you can count on seeing a flurry of news reports looking at just how badly workplace 401(k) retirement portfolios have been hit. Rarely will you see a story asking why the market risk is born by individual workers.
Rather than requiring employers to make 401(k) plans as generous as pensions, the Obama Administration appears to be duping older workers into thinking they are ready and simply need a product that will stretch their puny nest egg over a lifetime.
Although many people might secretly wish their exes were dead during a bitter divorce, the reality when it actually happens is almost always horrible -- no matter how acrimonious (or amicable) the divorce.
If you're in the middle of a divorce, you might not have noticed that National 401(k) Day is coming up. It does tend to get lost in the shuffle, between getting the kids back to school, vacation, and, well, just about everything else.
Investors have short memories. Keeping that in mind, you might want to print this column and save it at the ready. It is timely reading this week and without any doubt will be again -- sooner than any of us want to admit.