The Answer to Our Retirement Woes?If everyone were to work a couple years beyond the average retirement age, the economic gains would be tremendous. But is this scenario far fetched -- or inevitable?
Thursday, July 3, 2008, 6:56PM ET - U.S. Markets closed early today.
Facts Column
Market Summary
| Dow | 11,288.54 | +73.03 | +0.65% |
| Nasdaq | 2,245.38 | -6.08 | -0.27% |
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| S&P 500 | 1,262.90 | +1.38 | +0.11% |
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| 10 Yr Bond(%) | 3.9730% | +0.0140 | |
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Thu 1:10pm ET- Briefing.com
After opening appreciably higher, the stock market closed Thursday just above the unchanged mark as participants traded listlessly in a shortened session just...
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Investing Ideas
- Coal's Bad Signal to Stocks- U.S.News & World Report
- Top Food Stock Picks for Lean Times- CNBC
- Pabrai's Value Bets Sour During Rocky Q2- Indie Research
- Check on China: Perfect World Co., Ltd.- SmallCapInvestor.com
Market Movers
NewsworthyDetermined based on increased frequency of appearance in news
| MI | 14.14 | -0.62 | -4.20% |
NEW M&I CORPORATION
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| PENN | 29.66 | +1.06 | +3.71% |
PENN NATL GAMING I
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| AA | 32.78 | +0.67 | +2.09% |
ALCOA INC
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| NVDA | 12.49 | -5.54 | -30.73% |
NVIDIA CORP
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| AMR | 4.83 | +0.21 | +4.55% |
A M R CP
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Community Sentiment
Top stocks creating buzz on Yahoo! Finance message boards
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News and Opinion Column
Top Stories
62,000 jobs lost, off nearly half-million for year- AP
The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future.
Focus On Retirement
brought to you by FidelityThe Answer to Our Retirement Woes?
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Tech coverage exclusively on Yahoo! FinanceBeyond Subprime: Banks' Top 5 Problem Lo...
- Aaron Task
Yahoo May Bribe Icahn with Two Board Sea...
- Henry BlodgetRadical Cure for Housing 'Cancer': Natio...
- Aaron Task
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Play VideoPersonal Finance
Buy Gas Now, Use It Later: A New Way to Curb Fuel Costs
One Web site will let you purchase gallons of gas ahead of time based on the current fuel prices in your area and redeem them at a later date, shielding you from interim cost hikes...
- How-to Guide:Teaching Your Children the Value of Money
- Calculator:How much do I need for emergencies?
Expert Opinion
A One-Man Revolt Against the Financial Services Industry- Laura Rowley
In a new book, economist Laurence Kotlikoff suggests taking a hard look at the accepted wisdom on personal finance.
- Social Welfare Programs: Reform Is the Answer- Anya Kamenetz
- Converting the Good Faith Estimate Into a Shopping Tool- Jack Guttentag
- New Rules for the Age of High Energy Prices- Suze Orman
Special Features
25 Reasons to Remain Cautious- Minyanville
People are conditioned to think that they should "buy low" and "sell high." But before you step up to make a purchase, consider these sobering facts...
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Videos, My Quotes, Rates, Polls Column
Videos
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Finger-Lickin' GoodProvided by:
- Weekly Wire: Under the Jobs Number- Morningstar.com
- Will Leisure Stocks Party Again?- Morningstar.com
- Wide Moat at Work for This 5-Star Stock- Morningstar.com
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Rates
See today's average mortgage rates across the country. Source: Bankrate.com
| Loan Type | Today | Last Week |
|---|---|---|
| 30 Year Fixed | 6.22% | 6.30% |
| 15 Year Fixed | 5.77% | 5.87% |
| 1 Year ARM | 6.08% | 6.13% |
| 30 Year Fixed Jumbo | 7.31% | 7.41% |
| 5/1 ARM | 5.59% | 5.77% |
| 3/1 ARM | 5.45% | 5.63% |
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