SHANGHAI, CHINA - After months of anxious waiting, Wang Jinxia finally obtained a coveted spot in Shanghai's trial affordable-housing programme, but now the former factory worker is scrambling to pay for it.

... and founder of Retirement Solutions, LLC, who also served as a congressionally appointed delegate to the 2002 National Summit on Retirement Savings, ...

If anyone is guaranteeing you a large return – and by large, I mean more than a couple percentage points higher than what you're getting in a savings ...

The longer they remain employed, older workers can reap larger Social Security benefits and make their nest eggs last.

BY FRANCINE KNOWLES fknowles@suntimes.com Debby Rabeor's husband cut his 401(k) contributions in half, and she hasn't contributed to retirement savings in ...

Baby boomers are the first generation to shoulder the onus of retirement savings without being able to rely on pension plans, and the experiment hasn't gone ...

BY FRANCINE KNOWLES fknowles@suntimes.com Debby Rabeor's husband cut his 401(k) contributions in half, and she hasn't contributed to retirement savings in ...

If anyone is guaranteeing you a large return – and by large, I mean more than a couple percentage points higher than what you're getting in a savings ...

These factors and others, including higher taxes, are causing more families to raid their retirement savings early. Fidelity Investments, for example, ...

With most of the country feeling financially stressed as a result of the recession, it's no surprise that the average retirement savings amount has dropped. ...

The average loan option exercised in 2004 was $6946 which is about 1/2 of the average debt of households in America (excluding mortgage debt). The $6946 figure represents the following percentages of peoples' total retirement savings ...

Final average salary $62000. Add fringe benefits of $15599. Total salary and fringe: $77599. Retiring at 85% – 52700(incentive). This year's budget savings $24899. NOW let's look at the long range affect on the retirement system ...

With the average retirement age at 65 and increasing, Americans are already working longer than their counterparts in other developed countries. Over a third of workers now plan to retire later than age 65, compared with just 12 percent in 1995. For decades, millions of workers were able to achieve retirement security through a combination of Social Security benefits, employer-provided pensions and personal savings -- a three-legged stool. Now two of the three legs have ...

With more retirement savings account holders pilfering the money they have in their 401(k) accounts, the average balance in these accounts is also decreasing. During the period covering April to June 2010, the average balance in a ...

The average Social Security benefit is just little more than a minimum wage income—meaning a typical retiree needs almost twice the average monthly Social Security benefit for a reasonable standard of living. And if that's not bad enough, growing Medicare ... At best, I'm afraid, these proposals will marginally increase retirement savings for those who already can afford to contribute, and will do nothing to make employers take some responsibility in this crisis. ...