Retirement

While the main reason many investors who work with financial advisors have turned to an advisor for help is the need for retirement planning, only half say their advisors actually talk to them about what their lives might be like after retirement.

Bipartisan legislation has been introduced in both the House of Representatives and the Senate that would require annual estimates of how participants savings would translate into monthly income in retirement.

American workers have a problem saving for retirement, but its not getting fixed by higher limits on how much they can contribute to their 401(k) plans.

They might be secure in their ability to handle business finances, but when it comes to personal finances or plans for retirement, small business owners arent all that sure.

In the end, retirement plan fees are a lot less important than saving to the plan.

At least some of the massive changes proposed in January by a panel reviewing the military retirement system are getting House and Senate panel backing.