You could end up with a lot less savings at 65 than you ever anticipated because of fees charged by the financial institutions managing your retirement accounts. Robert Hiltonsmith, who researches retirement security, says those fees were disclosed to 401(k) plan participants until only recently.
Your 401(k) might not be the secure retirement plan you think it is. Economist Teresa Ghilarducci examines pension plans and offers advice on retirement security. Ghilarducci's new book is When I'm Sixty-Four: The Plot Against Pensions and the Plan to Save Them.
If your New Year's resolutions include getting a better grasp on your personal finances and putting money away for your retirement, you'll want to hear what my guest Mary Rowland has to say. She's written a new book called "A Commonsense Guide to Your 401(K)."