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26-Dec-2006

    '$1 trillion question: How much do I need to save to retire? (Money via Yahoo! Finance)
    Question: My million-dollar question is: How much should I be saving each month to be sure I'll have a comfortable retirement? My wife and I earn $145,000 a year combined and our total monthly expenses - which includes the mortgage on our home and an investment property, groceries, utilities and other living expenses - are about $6,500.

    'Stay-at-home parents need retirement plan (The Plain Dealer)
    New babies have a way of reordering people's priorities. When you're up to your elbows in diapers and Desitin, putting aside money for retirement may not be high on your list.

    '$1 trillion question: How much do I need to save to retire? (CNN Money)
    Question: My million-dollar question is: How much should I be saving each month to be sure I'll have a comfortable retirement? My wife and I earn $145,000 a year combined and our total monthly expenses - which includes the mortgage on our home and an investment property, groceries, utilities and other living expenses - are about $6,500. Can you help me? - Asheesh Chabra, Ashburn, Va.

    'TIP SHEET (Detroit Free Press)
    Health savings accounts are looking more attractive -- but they still may not be powerful enough to cover all of your health care costs in retirement. The accounts, which were created in 2003, are getting a lot of attention these days, even though they're still used by relatively few people. Some employers see them as a way to save on health care costs.

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