Retirement

How to Find -- and Afford -- Your Second Act

Stat

$5.7 billion

The Internal Revenue Service collected about that much in 2011 from penalties for early withdrawals from 401(k) retirement savings accounts

Videos: In The Money

Week in Review: U.S. GDP Shrinks 0.7% in 1Q

Another setback for the U.S. economy as the GDP figure for the first quarter is revised, showing contraction. So how did the rest of the week shore up? Bloomberg’s Joe Weisenthal reports on “Bloomberg Markets.” (Source: Bloomberg)

Are Young Gun Investors Ready for Fed Rate Hikes?

Recon Capital Partners Managing Partner Kevin Kell discusses the impact a Fed rate hike may have on new investors. Bloomberg's Michael McKee also reports on “Bloomberg Markets.” (Source: Bloomberg)