DES MOINES, Iowa (AP) - As if saving for retirement wasn't enough to worry about, now comes a study that shows a couple retiring this year needs about a quarter of a million dollars to cover medical expenses. ...more

March 29, 2009

Millions of American workers lost an average of 27 percent of their 401(k) retirement savings in 2008, according to a study released Wednesday by Fidelity Investments. ...more

February 1, 2009

Trent Charlton knew the risks when he borrowed $10,000 from his 401(k) and cut his retirement savings in half. ...more

February 20, 2008

For the first time in a decade, new investors will be able to put money into a mutual fund that helped fuel Fidelity Investments' rapid growth in the 1980s and '90s, but has recently seen many retirement-age investors withdraw their cash. ...more

January 15, 2008

At age 77, Edward "Ned" Johnson III can't keep this pace up forever. But it sometimes seems the Fidelity Investments chief hopes to. Johnson's tenure running the nation's largest mutual fund company has spanned three decades. The only other change of leadership in 61 years at Fidelity was when Johnson took over for his father. ...more

January 4, 2008

Baby boomers are quitting the work force, so Wall Street's going to work. Its latest pitch: "payout" mutual funds that provide retirees with regular income. These funds come on the heels of a slew of new income-generating insurance products, including immediate-variable annuities, "longevity insurance" annuities and tax-deferred variable annuities with living benefits. ...more

December 9, 2007

Investors who use target-date funds to put their investments on cruise control until retirement face a common question: How will I manage my money so it holds out once I've stopped working? ...more

October 11, 2007

Employers have begun to discover troubling racial differences within their 401(k) retirement plans, a gap they say could leave today's black workers far less financially prepared for retirement than whites. ...more

October 11, 2007