retirement funds

Bill Ackman, a prominent hedge fund manager, once shared a remarkable story of a New York City taxi driver who turned a $50,000 investment into nearly a $3 million retirement fund. What Happened: Ackman, the CEO of Pershing Square Capital Management, recounted the story in episode 413 of...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Our retirement funds carry a heavy responsibility. They need to accumulate enough wealth during our working years to be able to provide a...

Palantir Technologies Inc (NYSE: PLTR) and Paypal Holdings Inc (NASDAQ: PYPL) co-founder Peter Thiel could reportedly be forced to withdraw billions from his Roth IRA account should the House pass a piece of tax legislation that has cleared a key Committee. What Happened: Thiel could be forced to...

Penny for your thoughts on whether putting your retirement savings into bitcoin, the hot but crazy-volatile cryptocurrency, is worth risking a nest egg. Some people are more than convinced. BitcoinIRA launched last year and Chief Operating Officer Chris Kline tells CNBC the company is doing roughly...

Securing enough for retirement is a huge concern, particularly as financial rhetoric intensifies as the days to November 8 dwindle into the single digits. While the candidates' jargon has broadly steered clear of retirement and the political atmosphere has laid heavy with non-platform-related...

Lawsuits against 401(k) plans going bad are on the rise, and they aren't just filed against big retirement plans any more. These lawsuits are centered on the bad investments, high costs and "revenue sharing," according to a report on Bloomberg. Law firm Nichols Kaster calls the 401(k) "one of the...

Countless Americans have no retirement savings; according to the Federal Reserve's 2014 Survey of Household Economics and Decisionmaking, the number of Americans who are planning to continue working past retirement can be assumed to be around 38 percent. Source: Federal Reserve, 2014 Report On...

The statistics are all around, and the accompanying headlines tell a bleak story. It's probable that the Sandwich Generation is uncomfortably underprepared for retirement. According to an Insured Retirement Institute study, 31 percent of Sandwichers who are still employed do not have a retirement...