Will your money last as long as you do?
That's the question facing retirees who don't have a traditional pension. Naturally, the financial services industry is coming up with ideas on how to answer it. The latest is a new offering Vanguard introduced today. Fidelity Investments also offers a set of income replacement funds. And, of course, there is the option of the traditional life annuity. Today's New York Times has a story on the money management challenge facing retirees.

St. Petersburg Times personal finance editor Helen Huntley writes about money topics and answers questions about financial planning, investments and personal income taxes.
I hope not!
Posted by: | April 21, 2008 at 04:27 PM