Vanguard is making its target-date retirement mutual funds more accessible to small investors by cutting the required minimum initial investment to $1,000 from $3,000.
Think positive. The pain you're feeling at the pump from $4-a-gallon gas may become a little easier to bear once you receive your next quarterly mutual fund statement.
A Fidelity Investments report notes that retiring couples this year will need $230,000 for medical expenses -- a drop from the $250,000 originally predicted by the Boston-based advisory firm.