Retirement Advisor

Stocks edged higher Wednesday after a trade group reported that the U.S. service sector continued to grow in September. Private company hiring also increased.

Republican presidential candidate Mitt Romney warned senior citizens Tuesday to beware of turning Social Security into a "Perry scheme."

Europe has a debt crisis. America has a jobs crisis. Corporate profits could be in trouble. World financial markets are in turmoil. And no one seems prepared to ride to the rescue.

Research firm BrightScope announced Tuesday the top 15 mid-cap funds in the defined contribution industry.

Double-dipping the well-established practice of public workers collecting government pensions and salaries at the same time has become a hot topic for lawmakers around the country during these times of severely strained budgets and increased focus on the benefits provided to government employees.

State and local pension plans have taken on additional risk, since the market crashed in 2007-2008, in an attempt to return their assets to pre-crash levels.

State and local workers don't end up with more money at age 65 than their private sector counterparts, according to an issue brief by the Center for Retirement Research at Boston College.

The perfect 401(k) may seem like an elusive retirement vehicle, but Catherine Collinson, president of Transamerica Center for Retirement Studies, believes six steps would lead to just that.