 Headlines
- El Niño May Be Weakening, but It Is Still Clobbering Crops
- Oil Prices Fall Sharply on Oversupply Concerns
- Syrian Peace Negotiators Make Progress
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Doing the Math -- How Much Will You Need for Retirement?
Even though calculating a retirement savings goal is key to pursuing and maintaining a confident financial outlook, the Employee Benefit Research  Institute reported in 2013 that just 46% of American workers have figured out how much money they will need to accumulate for retirement. And more than half admit that they are behind schedule when it comes to planning and saving for retirement. Are you?
Planning Matters
What's important to realize is that the exercise of calculating a retirement savings goal does more than simply provide you with a dollars and cents estimate of how much you'll need for the future.
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 The Markets
Stim-u-late mar-kets! Come on! It's monetary easing. *
The European Central Bank (ECB) was singing a tune that invigorated  financial markets last week. The Wall Street Journal explained:
"The fresh measures included cuts to all three of the ECB's main interest rates, €20 billion a month of additional bond purchases atop the ECB's current €60 billion ($67 billion) program, and an expansion of its quantitative easing program to highly rated corporate bonds - all more aggressive steps than analysts had anticipated."
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By the Numbers
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here. (We urge you to read the entire disclosure statement.)
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