With Time, Portfolios Can Mend
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Investor's Business Daily, Inc.
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Fri 6:17 pm ET Tick ... tock ... tick ... tock! Capt. Hook knew what the ominous sound of a clock meant — that hungry crocodile who always seemed to be closing in. These days, a lot of Americans feel the same about retirement.
Stretch Run Is Riddled With Bumps
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Investor's Business Daily, Inc.
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Fri 5:57 pm ET Building a retirement nest egg has never been more challenging. Many investors are still licking their wounds from the crummy stock market of 2007-early 2009. Now comes a barrage of tax hikes.
Americans Now Repose Near Home
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Investor's Business Daily, Inc.
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Fri 5:57 pm ET Most Americans don't head to the Sun Belt at retirement age. They stick near home on staycation, by family and friends. Those who move choose where based on what they like and know and what they can afford.
L.L. Bean sales fall in 2009
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AP
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Fri 4:52 pm ET Sales dipped for L.L. Bean for the second consecutive year in 2009 but the outdoors clothing retailer managed to beat its own projections, the company said Friday. The company also reported that online sales outpaced catalog orders for the entire year for the first time.
Adobe CEO 2009 pay package down 68 percent
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AP
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Fri 4:10 pm ET Shantanu Narayen, the president and CEO of software maker Adobe Systems Inc., was awarded compensation valued at $5.2 million in fiscal 2009, a 68 percent decline in a year that saw the recession weaken demand for its products.
Medco Health got compensation worth $13.3M in 2009
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AP
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Fri 2:55 pm ET Pharmacy benefits manager Medco Health Solutions Inc. said even though its CEO took a 7 percent pay cut in 2009, he still received $13.3 million in total compensation, according to Associated Press calculation of figures filed with regulators.
Roth IRA, 401(k): What's the difference?
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Bankrate.com
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Fri 6:00 am ET Though they share the same name, the Roth 401 is a different animal from the Roth IRA.
Slowly, Americans are regaining their lost wealth
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AP
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Thu Mar 11 Americans are recovering their shrunken wealth -- gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight.
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