'U.S. plans stronger oversight of 401(k)s (Los Angeles Times) WASHINGTON ? Congress and government regulators are planning an array of moves to strengthen oversight of 401(k) accounts, which have become the linchpin of retirement savings for millions of Americans but are often burdened by hidden fees that chip away at their value.
'Target-date funds shift as your retirement gets near (Miami Herald) Many investors pride themselves on making regular contributions to their retirement savings plans, but once they set up those accounts, they're likely to spend more time weighing what movie to see or where to go on vacation than managing their assets.
'Coming events (Honolulu Advertiser) A series of classes on basic money management ? including retirement, and life and disability insurance planning ? will be offered by the Kaiser Lifestyle Program, at their various clinics. Fee; non-Kaiser members welcome. For more information on the various clinics, call 432-2270.
'On the road to retirement (Coeur d'Alene Press) So you are finally near retirement, but are you really ready? In the past, your focus has probably been on investing your portfolio to achieve the maximum amount of growth at the level of risk you're comfortable taking.