Retirement News
Bridgewater's 'All Weather Fund' slumps amid market storm
NEW YORK - An $80 billion portfolio managed by hedge fund titan Ray Dalio's Bridgewater Associates and widely held by many pension funds slumped in August and some investors blame the strategy of such funds for the eruption in volatility that slammed stocks and commodities.
Why planning to work in retirement is a risky business
CHICAGO - Planning to work longer to bolster your retirement finances?
Brokers fume as U.S. looks to protect investors from expensive duds
NEW YORK - For most people saving for retirement, buying a non-tradeable real estate investment trust that charges fees and commissions of 11 percent or more doesn't sound like a good deal.
Calpers, Calstrs oppose joint CEO-chairman role at Bank of America
- Two of America's biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp that would allow Brian Moynihan to continue as both chief executive and chairman of the No. 2 U.S. bank by assets.
Young workers in target-date funds hit hard by market drop
CHICAGO - As the stock market has whipsawed over the past two weeks, young workers who have all their retirement funds tied up in long-range target-date funds may have been the hardest hit.
Seniors gear up for the sharing economy
CHICAGO - Five dollars may not sound like much pay for doing a job, but do not tell that to Brooke Folk.