Once a month I answer viewer questions on the morning show. This month we had some interesting ones.
From Ann in Rehoboth:
We’re told to save 20% of our gross pay in our working years. What percentage of our retirement income, whether pension or social security, should we put away for our future years in retirement? Or should we stop saving and just spend all our retirement income and enjoy life?
From Bruce in Scituate:
I have money in Fidelity Cash Reserves, spread over many different accounts -- IRAs, Roth IRAs, and regular brokerage accounts. They are over $100,000 each. Can I lose money? I read about CAPCO insurance with Fidelity, would this cover any losses?
From Nathan in Worcester:
Is buying savings bonds a good investment for retirement?
From Jack in Springfield:
I’m in sales and my employer has changed my territory and my sales goals. I’m concerned they’re trying to push me out of the company. Do I have any recourse against them or should I start looking for another job?
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