Retirement Advisor

Investment counselors have sounded the clarion call throughout years and decades past: When thinking about retirement – when simply saving and investing their well-earned money – people should strive to diversify.

Florida's pension plan grew by slightly more than $19 billion in the fiscal year completed June 30.

What the Postal Service needs right now are changes in the law allowing it to reduce delivery to five days-a-week and to resolve an annual requirement for it to pay $5.5 billion into a fund for future retiree medical costs, Donahoe said in a telephone interview.

Americans believe their personal finances will improve over the next year, and, according to a survey from The Hartford, this is translating into more people saving for retirement.

The projected long-term funding shortfall for the Kansas public pension system has risen to nearly $8.3 billion.

Remember the days after Lehman fell? That same shock wave could ripple again.

The participant-directed retirement plan market is vast, consisting of an estimated 483,000 retirement plans holding nearly $3 trillion in assets and covering 72 million participants, according to the Department of Labor (DOL). For financial professionals who provide advice and services to this market, takeover plans are a sweet spot.

Hall of Fame defensive end Carl Eller says he thinks a deal to end the NFL lockout will be reached this week — and that retired players won't stand in the way of an agreement.