Indices closed well into the red zone Thursday. Alcoa, DuPont and Caterpillar led the Dow’s sell off. Stocks dropped in the wake of varied economic news.
Indices ended in the red zone Monday. Financial brands such as Bank of America, JPMorgan Chase and American Express led the retreat. Brands traded lower amid concern that Greece will fail to qualify for more financial aid necessary to avoid a debt default.
A frequently asked question is, “How much do I need to put aside for retirement?” The answer to that question varies with each individual. There a number of factors to consider: the amount of your current income, savings and assets; how many years until you plan to retire; the retirement lifestyle you desire, and what you can afford to put aside.