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How retirees can plan for the unexpected

Many people anticipate their future living expenses as they approach retirement, aiming to pad their nest eggs so they’ll be able to live comfortably on a fixed income. It’s the unexpected expenses that can trip them up. Top among those expenses that can put a wrench...

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Spending in Retirement is a Balancing Act

How to spend down your money may be the missing link in your retirement plan. Nearly two-thirds of savers approaching retirement don't have a strategy for which assets to tap first, according to a report from Ameriprise, which surveyed 1,300 baby boomers age 55 to 75....

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Winners and Losers When the Fed Raises Rates

The Federal Reserve may be about to knock over the first domino. Many Fedwatchers are convinced the central bank is just hours away from announcing the first increase to its benchmark federal-funds rate in nearly a decade. If that happens, there will be repercussions...

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