Page 28 - 401ks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Then there's this before we call it a day on "studio b." getting a bicycle stolen is no fun. how about getting the last laugh. a woman in canada claims somebody recently ripped off her $1,000 bike. then she says a friend noticed a similar bike on craigslist. so the woman called up the seller and arranged a little meeting. when she met the guy, there was her beloved ride. so she says she asked for a test drive. the suspect said, sure, take it out, but warned her not to ride off. the woman says that's exactly what she did. check mate. cops however saying things could have gone much worse and war...

>> shepard: we should turn to brit hume for analysis. >> we need some brilliant analysis. >> shepard: my day is complete. i may go home now and have a bowl of soup. hello, coffin man. we'll see him escape from coffin in a little while and get to the news of the day, clawing terror warning from the united states about what the government calls an extremely high threat. we're learning why officials are telling all of us to leave one arab country immediately. plus, word of a security flaw that could let wall street traders cheat the system. wow. cheating on wall street? potentially hurt all of us...

Injuries or accidents as result of the loose nuts on the steering wheel. >> i don't know what you have, we have these things called 401(k)s. supposedly they're up. so maybe i can'go to work tomorrow. is that it? >> not quite. depends how much money you want for your retirement. we have black hole officials here for our pension schemes as well. none of us can retire until we're 75. for you americans that are happy to retire on $100,000, very good news. if you're working towards that. on average, they're up 75%, your 401(k)s since early 1989. but if you're over 55, it gets even better. you're up...

$1,200 a year directly out of his pocket and expect he is going to continue to spend money. and if you don't believe me, ask the places where they spend money. ask wal-mart, ask the casual dining stories seeing less traffic. then you look at the savings rate. i find this very interesting. we increased ore savings rate in this country over the last several years, up to 7%. after january, those rates drop. precipitously, down to 2%. and now people are pulling money out of their 401ks at record rates. they're under the gun. higher food prices, higher fuel prices. they haven't seen any increase in...

And are they doing enough for retirement? >> okay, so what can a woman do financially to make sure that she's got enough to live on after retirement? >> well, i mean, it's a great question. and certainly, it starts today with what women are earning and are they saving? are they taking care and contributing to their 401(k)s. are they putting enough away for maybe their children's, you know, college funds? certainly, they need to be taking a look at their whole financial picture, how much can they be saving today, really to make sure that they will be secure in the future. and i think that is, y...