Headlines
- China's Flawed Schools Drive Students to U.S.
- Southern U.S. Prepares for Flooding Freight
- Train Derails in Washington, D.C.
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Give Your Retirement Plan a Tune-Up
Conducting an annual review of your retirement goals and strategy is an ideal way to check that your plans for your financial future remain realistic and on track. With that in mind, taking the three easy steps outlined below will help you conduct your retirement tune-up.
Step 1: Review Your Retirement Goals
Your first step should be to review your retirement savings goals and assess whether anything significant has occurred during the past year that might affect either your outlook for retirement or your current strategies to prepare for it.
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The Markets
Gauging Prosperity Then and Now
"Which would you prefer to be: a medieval monarch or a modern office- worker?"
If you immediately answered medieval monarch, take a moment to ponder life without "...modern dentistry, antibiotics, air travel, smartphones, and YouTube." Last week, The Economist used this example to illustrate the challenges of accurately measuring living standards over time. For many years, countries and economists have relied on gross domestic product (GDP), the value of all goods and services produced by a country over a specific period of time, to gauge relative prosperity.
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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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