Keep the Information Flowing
Small contributions go a long way. Your donation to Consumer Action, a 501 (c)(3) nonprofit, nonpartisan organization, can help us cover the cost of research, writing, and translation of our materials. To keep our services free for those who need them. Select an amount to give.
Released: November 29, 2011
Retirement rules of thumb don’t always apply
Source: John Waggoner, USA Today
You may have celebrated the new year in 2000 more worried about whether your computer would work than whether you’d have enough for retirement. After all, you’d been saving diligently, and returns from stocks and bonds were spectacular.
The upcoming new year may find you far less confident than you were going into 2000. Stock returns have been wretched. You may be able to save less, either because you’re squeezed by the cost of living, or because you’ve had to take a lower-paying job.
How much do you need to retire? Plenty. But before you panic, make a few calculations to see where you stand.
Read Full Article: Retirement rules of thumb don’t always apply
Quick Menu
Support Consumer Action
Join Our Email List
Press Menu
Consumer Help Desk
- Help Desk
- Submit Your Complaints
- Frequently Asked Questions
- Links to Consumer Resources
- Consumer Service Guide (CSG)
- Alerts
- Consumer Booknotes