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

Can European Stocks Extend Rally Into Second Quarter?

David Stubbs, global market strategist at JPMorgan Asset Management, discusses the state of European equities coming off their best first-quarter since 1998, the possibility of euro/dollar parity and offers his outlook for China and Japan. He speaks on “Countdown.” (Source: Bloomberg)

China Will Do What Is Needed to Boost Growth: Street

Bill Street of State Street Global Advisors talks with Anna Edwards about the boost to Chinese manufacturing from stimulus measures and the seven-year high hit by the Shanghai Composite. He speaks on “On The Move.” (Source: Bloomberg)

Parity for Euro by End of the Year: BNP Paribas

BNP Paribas Senior Global FX Strategist Phyllis Papadavid discusses the euro posting its worst quarter on record, how much lower the currency can go and the outlook for global currencies. She speaks to Bloomberg's Mark Barton and Caroline Hyde on "Countdown." (Source: Bloomberg)

Australian Dollar Nears Parity With Kiwi

The prospect of another cash rate cut from the Reserve Bank of Australia is raising the chances of the Australian dollar slipping below parity with the New Zealand dollar for the first time. Bloomberg's Paul Allen reports on "First Up." (Source: Bloomberg)