'Shoppers' alert: Make sure your annuity fits (Chicago Tribune) Fees, taxes, withdrawal penalties can clog expected income stream With the oldest U.S. Baby Boomers staring down retirement, the financial industry is betting sales of annuities will take off.
'Financial planning avoids dilemmas (Richmond Times-Dispatch) Like other baby boomers, Doug Pasquinelli considered putting together a financial plan for the future when he was in his 30s but instead adopted an "I'll-get-to-it-when-I can" attitude.
'Court ruling may put heat on advisers (Chicago Tribune) Disclosure required for dispensing information to investors on fee-based brokerage accounts If you've been socking away money in a fee-based brokerage account, you may be one of about 1 million customers facing some changes in the coming months. For retirement savers, it represents a good opportunity to evaluate exactly what advice you're receiving as you accumulate a nest egg.