CINXE.COM

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"><html xmlns="http://www.w3.org/1999/xhtml"><head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://www.morningstar.com:80/Cover/invest-in-retirement.aspx","20130305094841","https://web.archive.org/","web","/_static/", "1362476921"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <meta http-equiv="Content-Type" content="text/html; charset=UTF-8"/><title>Investment in Retirement</title><meta name="description" content="Get insights on how to allocate your investments in retirement, make sure your retirement savings will last, establish stable income streams, and set a sustainable withdrawal strategy. "/><link rel="canonical" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/invest-in-retirement.aspx"/><script type="text/javascript" src="/web/20130305094841js_/http://www.morningstar.com/Cover/js/PersonalFinance.js"></script><script type="text/javascript"> var aim = { "sitename": "ms.us", "area": "coverpage.personalfinance.inretirement", "listpos": "leaderboard,rectangletopright,chrtxt30top,button195x90,footer,webinar,contentmodule", "url": "msmedia.morningstar.com/mstar/bserver", "adquery": "" }; </script><script type="text/javascript" src="//web.archive.org/web/20130305094841js_/http://im.morningstar.com/adtag/msusadconfig.js?v=120803"></script></head><body><div class="wrapper"> <link type="text/css" rel="stylesheet" href="https://web.archive.org/web/20130305094841cs_/http://im.mstar.com/globalhome/css/m-global_us_v1.4.css"/><script src="https://web.archive.org/web/20130305094841js_/http://im.mstar.com/globalhome/js/ext_v1.0.js" type="text/javascript"></script><script src="https://web.archive.org/web/20130305094841js_/http://im.mstar.com/common/js/common_pack_0.0.12.js" type="text/javascript"></script><script src="//web.archive.org/web/20130305094841js_/http://im.morningstar.com/coradiant/coradiant.js" type="text/javascript"></script><script src="https://web.archive.org/web/20130305094841js_/http://im.mstar.com/globalhome/js/mstar_b_v1.3.js" type="text/javascript"></script><div class="headerwrap"> <div class="h_Logo"><div class="h_Logo_row1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/" class="logo" title="Morningstar Logo"></a><div class="greeter"> Welcome!</div><div class="h_Logo_col1"><input id="AutoCompleteBox" name="sSrchTerm" value="" class="h_quote" autocomplete="off" maxlength="256" type="text"/><a href="javascript:HeaderBox.trySubmit();" class="hqt_button"></a><form name="searchForm" method="post" onsubmit="srchTerm('search')" style="margin: 0px; padding: 0px;"><input name="sSrchTerm" value="" class="h_search" onclick="ClearSearchBox('search')" type="text"/><input name="SrchTerm" type="hidden"/><a href="javascript:srchTerm('search')" class="hsr_button"></a></form><a href="#" class="h_textad"><script type="text/javascript"> OAS_AD('chrtxt30top'); </script></a></div><div class="h_Logo_col2"><a href="https://web.archive.org/web/20130305094841/http://corporate.morningstar.com/US/asp/home.aspx?xmlfile=202.xml&pgid=hetopcompsite" class="h_text1"> Company Site</a><a id="header_premium" href="#" class="h_text1"> Premium</a><a id="header_logout" href="https://web.archive.org/web/20130305094841/https://members.morningstar.com/DotNet/LogOut.aspx" class="h_text1" style="display: none"> Log Out</a><a id="header_login" href="https://web.archive.org/web/20130305094841/https://members.morningstar.com/memberservice/login.aspx" class="h_text1" style="display: block"> Log In</a><br/></div></div></div> <div class="h_Ads"><div class="h_Ads_row1"><div class="h_leaderad"><script type="text/javascript"> OAS_AD('leaderboard'); </script></div><div class="h_houseadX43"><script type="text/javascript"> OAS_AD('button195x90'); </script></div></div></div> <div class="h_MainNav"><div class="h_MainNav_row1"><a id="nav_membership" href="https://web.archive.org/web/20130305094841/http://members.morningstar.com/memberstpages/membership.htm" title="Membership Centre" class="h_tabL">Membership</a><a id="nav_home" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/" class="h_tab1" title="Investment">Home</a><a id="nav_portfolio" href="https://web.archive.org/web/20130305094841/http://portfolio.morningstar.com/RtPort/Reg/AllView.aspx" class="h_tab1" title="Portfolio">Portfolio</a><a id="nav_stocks" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/Stocks.html" class="h_tab1" title="Stocks">Stocks</a><a id="nav_bonds" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/Bonds.aspx" class="h_tab1" title="Bonds">Bonds</a><a id="nav_funds" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/Funds.aspx" class="h_tab1" title="Funds">Funds</a><a id="nav_etfs" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/ETFs.aspx" class="h_tab1" title="ETFs">ETFs</a><a id="nav_cefs" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/CEF-Closed-End-Funds.aspx" class="h_tab1" title="CEFs">CEFs</a><a id="nav_markets" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/Markets.html" class="h_tab1" title="Markets">Markets</a><a id="nav_tools" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/Tools.html" class="h_tab1" title="Tools">Tools</a><a id="nav_personal_finance" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/invest-in-retirement.aspx" class="h_tab3" title="Real Life Finance">Real Life Finance</a><a id="nav_discuss" href="https://web.archive.org/web/20130305094841/http://socialize.morningstar.com/newsocialize/asp/coverpage.asp" class="h_tab1" title="Discuss">Discuss</a><div class="h_tabbase"></div></div> <div id="subnav_portfolio" class="h_SubNav" style="display:none"></div><div id="subnav_home" class="h_SubNav" style="display:none"></div><div id="subnav_stocks" class="h_SubNav" style="display:none"></div><div id="subnav_options" class="h_SubNav" style="display:none"></div><div id="subnav_funds" class="h_SubNav" style="display:none"><li class="h_subnav1"><a id="subnav_funds_1" href="#" class="h_subtab">Articles & Analyst Reports</a><ul class="h_subnav2"><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/allanalyses/analysesLists.html?type=FO">All Fund Analyst Reports</a></li><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/goto/target-date-report">Target-Date Fund Reports</a></li><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/collection/2-fund-spy.aspx">Fund Spy</a></li><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/collection/172-five-star-investor.aspx">Five-Star Investor</a></li><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/collection/545-fund-manager-qa.aspx">Fund Manager Q&A</a></li><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/collection/178-fund-times.aspx">Fund Times</a></li><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/archive/mutual-funds.aspx">Fund Article Archive</a></li></ul></li><li class="h_subnav1"><a id="subnav_funds_2" href="#" class="h_subtab">Analyst Ratings</a><ul class="h_subnav2"><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/gold-rated-funds/">Gold-Rated Funds</a></li><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/fund-favorites-by-category/">Gold-Rated by Category</a></li><li><a class="subnav-prem" href="javascript:AddScreen('Morningstar Negative Rated Funds', '~Morningstar Analyst Rating~=~Negative~|and~Distinct Portfolio Only~=~Yes~', 'Result', 'Fund');">Negative-Rated Funds</a></li><li><a class="subnav-prem" href="javascript:AddScreen('All Rated Funds', '~Morningstar Analyst Rating~>=~Negative~|and~Distinct Portfolio Only~=~Yes~', 'Result', 'Fund');">All Analyst-Rated Funds</a></li><li><a href="https://web.archive.org/web/20130305094841/http://corporate.morningstar.com/US/documents/MethodologyDocuments/FactSheets/AnalystRatingforFundsFactSheet.pdf">Analyst Rating Methodology</a></li><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/stewardship-grades/">Stewardship Grades</a></li></ul></li><li class="h_subnav1"><a id="subnav_funds_3" href="#" class="h_subtab">Star Ratings</a><ul class="h_subnav2"><li><span class="subnav-notopmg">Highest-Rated</span></li><li><a class="subnav-top-rule subnav-notopmg" href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=PresetFund:Large+Value~PresetFund:Mid-Cap+Value~PresetFund:Small+Value~">Value</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=PresetFund:Large+Growth~PresetFund:Mid-Cap+Growth~PresetFund:Small+Growth~">Growth</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=~PresetFund:Large+Growth~PresetFund:Large+Blend~PresetFund:Large+Value~">Large-Cap</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=PresetFund:Mid-Cap+Growth~PresetFund:Mid-Cap+Blend~PresetFund:Mid-Cap+Value~">Mid-Cap</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=PresetFund:Small+Growth~PresetFund:Small+Blend~PresetFund:Small+Value~">Small-Cap</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=~PresetFund:Foreign+Large+Blend~">Core Foreign</a></li><li><a class="subnav-top-rule" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/goto/starrateperform">Star Rating Performance</a></li><li><a href="https://web.archive.org/web/20130305094841/http://corporate.morningstar.com/US/documents/MethodologyDocuments/FactSheets/MorningstarRatingForFunds_FactSheet.pdf">Rating Methodology</a></li></ul> <ul class="subnav-ad-unit star-ratings-ad-unit"><li class="subnav-ad-wrap"></li></ul></li><li class="h_subnav1"><a id="subnav_funds_4" href="#" class="h_subtab">Performance</a><ul class="h_subnav2"><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/fundsearch/fundrank.html">Fund Quickrank</a></li><li><span>Top Returns</span></li><li><a class="subnav-top-rule subnav-notopmg" href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundSearch/FundRank.html?fundCategory=all&screen=tr1m">1-Month</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundSearch/FundRank.html?fundCategory=all&screen=trytd">Year-To-Date</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundSearch/FundRank.html?fundCategory=all&screen=tr1yr">1-Year</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundSearch/FundRank.html?fundCategory=all&screen=tr3yr">3-Year</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundSearch/FundRank.html?fundCategory=all&screen=tr5yr">5-Year</a></li><li><a class="subnav-top-rule" href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/fundReturns/CategoryReturns.html">Fund Category Returns</a></li><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/goto/QEML">Quarterly Data Report</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/CELists/CEReturns.html">Closed-End Funds Returns</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/etf/Lists/ETFReturns.html">ETF Returns</a></li></ul> <ul class="subnav-ad-unit performance-ad-unit"><li class="subnav-ad-wrap"></li></ul></li><li class="h_subnav1"><a id="subnav_funds_5" href="#" class="h_subtab">Screeners</a><ul class="h_subnav2"><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/AdvFunds/Selector.html">Premium Fund Screener</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundSelector.html">Basic Fund Screener</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/Compare/Fund/FundCompare.html">Fund Compare</a></li><li><span>Preset Screens</span></li><li><a class="subnav-prem subnav-top-rule subnav-notopmg" href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/advfunds/results.html?preset=Index+Funds">Index Funds</a></li><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/AdvFunds/Results.html?preset=Hidden%20Gems">Hidden Gems</a></li><li><a class="subnav-prem" class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/AdvFunds/Results.html?preset=Conservative%20Foreign%20Funds">Lower-Risk Foreign Funds</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundResults.html?preset=LongTerm">Long-Term Winners</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundResults.html?preset=SmallGrowth">Solid Small Growth Funds</a></li><li><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/FundResults.html?preset=ConservativeBond">Conservative Bond Funds</a></li> </ul></li><li class="h_subnav1"><a id="subnav_funds_6" href="#" class="h_subtab">E-mail Alerts</a><ul class="h_subnav2"><li><a class="subnav-prem" href="https://web.archive.org/web/20130305094841/http://members.morningstar.com/prism/sub_cent_Newsletters.html#Newsanchor">Fund Favorites & Red Flags</a></li><li><a href="https://web.archive.org/web/20130305094841/http://portfolio.morningstar.com/PortAsp/EditAlerts.asp?ptype=P&app=&PFId=&C=&Action=E#StockFundAlerts">By Portfolio</a></li><li><a href="https://web.archive.org/web/20130305094841/http://portfolio.morningstar.com/PortAsp/EditAlerts.asp?app=&ptype=T#StockFundAlerts">By Security</a></li></ul></li><li class="h_subnav1"><a id="subnav_funds_7" class="h_subtab" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?lineup=MUTUALFUNDS">Video Center</a></li></div><div id="subnav_etfs" class="h_SubNav" style="display:none"></div><div id="subnav_cefs" class="h_SubNav" style="display:none"></div><div id="subnav_market" class="h_SubNav" style="display:none"></div><div id="subnav_tools" class="h_SubNav" style="display:none"></div><div id="subnav_personal_finance" class="h_SubNav" style="display:none"><li class="h_subnav1"><a id="subnav_pf_2" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/family-finances.aspx" class="h_subtab">Family Finances</a></li><li class="h_subnav1"><a id="subnav_pf_1" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/start-investing.aspx" class="h_subtab">Start Investing</a></li><li class="h_subnav1"><a id="subnav_pf_3" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/save-for-college.aspx" class="h_subtab">Save for College</a></li><li class="h_subnav1"><a id="subnav_pf_4" class="h_subtab" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/invest-for-retirement.aspx">Invest for Retirement</a></li><li class="h_subnav1"><a id="subnav_pf_5" class="h_subtab" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/invest-in-retirement.aspx">Invest in Retirement</a></li><li class="h_subnav1"><a id="subnav_pf_6" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/optimize-your-portfolio.aspx" class="h_subtab">Optimize your Portfolio</a></li><li class="h_subnav1"><a id="subnav_pf_7" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/minimize-taxes.aspx" class="h_subtab">Minimize Taxes</a></li></div><div id="subnav_discuss" class="h_SubNav" style="display:none"></div><div id="subnav_bonds" class="h_SubNav" style="display:none"></div> </div> </div> <div id="AutoCompleteDropDown"></div><script type="text/javascript">  </script> <link type="text/css" rel="stylesheet" href="https://web.archive.org/web/20130305094841cs_/http://im.mstar.com/im/PersonalFinance/pf_styles.css?v=2"/><div class="pfbodywrap"> <h1 class="headline" style="margin: 0px 0px 0px 20px;"> Invest in Retirement</h1> <div class="col21"> <div class="row22b"><div class="col1x1"><div class="text_a1"><div> IMPROVING YOUR FINANCES</div></div><div class="title_d1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=583866"> How to Invest RMDs You Don't Need </a></div><div class="text_c2"> Morningstar's Christine Benz outlines four strategies that allow you to deploy unused IRA proceeds in an investment- and tax-savvy manner.</div><ul class="sub_articles"><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=566000"> How Much Will My RMDs Be?</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=578501"> Don't Rely on Brokerages or Fund Companies to Fix Your Missing RMDs</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=567501"> Get a Tax-Smart Plan for In-Retirement Withdrawals</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=577595"> Implementing a Total-Return Approach to Retirement Income</a></li></ul></div><div class="im2"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=583866" class="image"><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/78x78/authorid30.jpg" alt="article image" height="78" width="78" border="0"/></a></div></div><div class="row22b"><div class="col1x1"><div class="text_a1"><div> IMPROVING YOUR FINANCES</div></div><div class="title_d1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=582937"> Bucket Portfolio Maintenance: More Than One Way to Get It Done </a></div><div class="text_c2"> Morningstar's Christine Benz says the best strategies allow investors to be strategic when tapping long-term assets.</div><ul class="sub_articles"><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=581552"> The Bucket Approach to Retirement Allocation</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=581758"> Best Practices for Bucketed Retirement Portfolios</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=581823"> A Sample Retirement Portfolio Using the Bucket Approach</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=581817"> A Conservative Portfolio in 3 Buckets</a></li></ul></div><div class="im2"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=582937" class="image"><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/newhomepage/edit_retireportfolio_nestegg_78.jpg" alt="article image" height="78" width="78" border="0"/></a></div></div><div class="row22b"><div class="col1x1"><div class="text_a1"><div> RETIREMENT RESOLUTIONS WEEK</div></div><div class="title_d1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/videoCenter.aspx?id=580672"> How to Stay Smart With Your Estate Plan</a></div><div class="text_c2"> Estate-planning expert Deborah Jacobs outlines how to approach the estate tax exemption and gift tax rules, addresses a popular misconception about estates, and offers key documents that all individuals should have in place.</div><ul class="sub_articles"><li><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/videoCenter.aspx?id=580673"> Portability Provision Simplifies Couples' Estate Planning</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=582121"> Get Your Estate Plan in Gear</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=582127"> 5 Estate-Planning Tasks That You Shouldn't Put Off</a></li><li><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=581231"> More...</a></li></ul></div><div class="im2"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/videoCenter.aspx?id=580672" class="image"><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/newhomepage/edit_retirementresweek_78.jpg" alt="article image" height="78" width="78" border="0"/></a></div></div><h2 class="headline_b1"> Morningstar Solution Center</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/solutions/Solutions.aspx?docid=329417"> Retirement Strategies to Meet Your Income Goals</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/solutions/Solutions.aspx?docid=332023"> Determine Your Withdrawal Rate</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/solutions/Solutions.aspx?docid=332089"> Asset Allocation for In-Retirement Portfolios</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/solutions/Solutions.aspx?docid=332053"> Which Savings to Tap First</a></div><h2 class="headline_b1"> Morningstar Article Library</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/topics/retirement-planning.aspx"> Retirement Archives</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/articles/author/30-christine-benz.aspx"> Christine Benz Columns</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/topics/authors/christine-benz.htm?&mediatype=Video"> Christine Benz Videos</a></div><h2 class="headline_b1"> In Retirement Portfolio Planning</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=581065"> Time-Sensitive Materials: Act Now for Tax-Free IRA Withdrawals</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=580520"> FAQs About Retirement Portfolio Bucketing </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=578819"> A Year-End Financial To-Do List for Retirees </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=578501"> Don't Rely on Brokerages or Fund Companies to Fix Your Missing RMDs </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=571749"> A Conservative Retirement Portfolio: The ETF Version</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=568221"> Best Practices for Bucketed Retirement Portfolios </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=559727"> Tips on Handling Today's Retirement Challenges </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=558303"> Keep Noncore Bond Investments in Their Place</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/videoCenter.aspx?id=557901&lineup=mconference"> Key Tools for a Tough Retirement Environment </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=556974"> Essential Ingredients for Retirement Distribution Plans </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=555952"> Retiree Survival Guide for Market Volatility</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=555708"> Streamlining Your In-Retirement Portfolio? You Can Only Take It So Far</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=554396"> Frugal Couple Plots Their In-Retirement Portfolio Withdrawals </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/archive/archive.asp?inputs=keyword=RETIREMENTPLANNING;sortField=publishDate;sortDirection=desc"> More...</a></div><h2 class="headline_b1"> Social Security & Medicare</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=569960"> Not Shopping for Medicare May Cost You in 2013 </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=569374"> Working Past 65? Don't Overlook the Financial Side Effects </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=559915"> Stay a Step Ahead of the New Medicare Surtax </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=559533"> Top 10 Myths About Social Security </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=537879"> Social Security and Medicare: Proper Planning Pays Off Big</a></div><h2 class="headline_b1"> Income Investing</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=533747"> Dividend Payers Hold Appeal, but Be Mindful of Risks</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=447084"> Affluent Retirees: Don't Rule Out Taxable Bonds</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=344236"> Income or Total Return? Retired Users Weigh In</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=342488"> Solutions to the Retirement Income Dilemma</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://socialize.morningstar.com/NewSocialize/blogs/conference2010/archive/2010/06/24/Big-Challenges_2C00_-No-Easy-Solutions_3A00_-Retirement-Experts-on-Income-Strategies-for-Retirees.aspx"> Income in Retirement: Big Challenges, No Easy Solutions</a></div><h2 class="headline_b1"> Annuities & Insurance</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=578062"> Is an Annuity Right for You? </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=565319"> How Are Annuity Payments Taxed? </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=555051"> Seeking Pension Replacement in Retirement</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=346045"> Five Key Questions About Long-Term Care Insurance</a></div><div class="row_aa3 text_b1"><a href="javascript:void(0)" onclick="javascript:openVideoWindow('https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=386816');"> Four Strategies for Combating Low Annuity Yields</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=344434"> When Is the Right Time to Purchase Long-Term Care Insurance?</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=329545"> Annuities in Retirement Plans: Live Long and Prosper?</a></div><h2 class="headline_b1"> Estate Planning</h2><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=396778"> Key Questions for Your Legacy Conversation </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=357162"> More Tips on Widow- or Widower-Proofing Your Portfolio</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=354825"> Estate Planning: Prepare for the Worst </a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=314765"> Get Your Estate Plan in Gear</a></div><div class="row_aa3 text_b1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=326910"> Avoid These Estate-Planning Pitfalls</a></div> <br/></div> <div class="col31"><div class="row11a"> <div class="col12"> <div class="section12 first"><a class="imgcontainer" href="income-worksheet.aspx"><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/PersonalFinance/retirement_worksheet_image.gif" border="0" height="130" width="175" alt="What's your policy?"/></a></div> <div class="calccontainer"><form name="calculator"><table border="0" cellpadding="0" cellspacing="0" width="175"><tbody><tr><td><h2 class="headline_b1" style="margin-top: 0px; line-height: 14px; padding-top: 2px;"> Retirement Savings Calculator</h2></td></tr><tr><td id="resultDisplay"><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/marketing/RetCal_Im1.gif" height="66" width="175" style="border-bottom: 3px solid #999; padding-top: 9px;"></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" width="175"><tr><td colspan="2" class="B1"> To find your target savings rate, provide your current: </td></tr><tr><td colspan="2" height="10"></td></tr><tr><td><span class="L1" style="float: left;">Age<br></span></td><td><select style="float: right;" name="age" class="L1" onchange="setIncomeOptions();"><option value="0" selected="selected" defaultdelected="">Select Age</option><option value="1">25</option><option value="2">27</option><option value="3">30</option><option value="4">32</option><option value="5">35</option><option value="6">37</option><option value="7">40</option><option value="8">42</option><option value="9">45</option><option value="10">47</option><option value="11">50</option><option value="12">52</option><option value="13">55</option><option value="14">57</option><option value="15">60</option></select></td></tr><tr><td colspan="2" height="8" style="border-bottom: 1px solid #dedede;"></td></tr><tr><td class="L1" style="float: left;"> Annual<br/> Income </td><td align="right"><select name="income" id="income" class="L1" onchange="document.calculator.savings.disabled=false" disabled="disabled"><option value="0" selected="selected">Select Income</option><option value="20000">$20,000</option><option value="40000">$40,000</option><option value="60000">$60,000</option><option value="80000">$80,000</option><option value="100000">$100,000</option><option value="120000">$120,000</option><option value="140000">$140,000</option><option value="160000">$160,000</option><option value="180000">$180,000</option><option value="200000">$200,000</option><option value="220000">$220,000</option><option value="240000">$240,000</option><option value="260000">$260,000</option></select></td></tr><tr><td colspan="2" height="8" style="border-bottom: 1px solid #dedede;"></td></tr><tr><td class="L1"> Retirement<br> Savings </td><td align="right"><select name="savings" id="savings" class="L1" onchange="enableButton()" disabled="disabled"><option value="0" selected="selected">Select Savings</option> <option value="10000">$10000</option><option value="20000">$20000</option><option value="30000">$30000</option><option value="40000">$40000</option><option value="50000">$50000</option><option value="60000">$60000</option><option value="70000">$70000</option><option value="80000">$80000</option><option value="90000">$90000</option><option value="100000">$100000</option><option value="110000">$110000</option><option value="120000">$120000</option><option value="130000">$130000</option><option value="140000">$140000</option><option value="150000">$150000</option><option value="160000">$160000</option><option value="170000">$170000</option><option value="180000">$180000</option><option value="190000">$190000</option><option value="200000">$200000</option><option value="210000">$210000</option><option value="220000">$220000</option><option value="230000">$230000</option><option value="240000">$240000</option><option value="250000">$250000</option><option value="260000">$260000</option><option value="270000">$270000</option><option value="280000">$280000</option><option value="290000">$290000</option><option value="300000">$300000</option><option value="310000">$310000</option><option value="320000">$320000</option><option value="330000">$330000</option><option value="340000">$340000</option><option value="350000">$350000</option><option value="360000">$360000</option><option value="370000">$370000</option><option value="380000">$380000</option><option value="390000">$390000</option><option value="400000">$400000</option><option value="410000">$410000</option><option value="420000">$420000</option><option value="430000">$430000</option><option value="440000">$440000</option><option value="450000">$450000</option><option value="460000">$460000</option><option value="470000">$470000</option><option value="480000">$480000</option><option value="490000">$490000</option><option value="500000">$500000</option><option value="510000">$510000</option><option value="520000">$520000</option><option value="530000">$530000</option><option value="540000">$540000</option><option value="550000">$550000</option><option value="560000">$560000</option><option value="570000">$570000</option><option value="580000">$580000</option><option value="590000">$590000</option><option value="600000">$600000</option><option value="610000">$610000</option><option value="620000">$620000</option><option value="630000">$630000</option><option value="640000">$640000</option><option value="650000">$650000</option><option value="660000">$660000</option><option value="670000">$670000</option><option value="680000">$680000</option><option value="690000">$690000</option><option value="700000">$700000</option><option value="710000">$710000</option><option value="720000">$720000</option><option value="730000">$730000</option><option value="740000">$740000</option><option value="750000">$750000</option><option value="760000">$760000</option><option value="770000">$770000</option><option value="780000">$780000</option><option value="790000">$790000</option><option value="800000">$800000</option><option value="810000">$810000</option><option value="820000">$820000</option><option value="830000">$830000</option><option value="840000">$840000</option><option value="850000">$850000</option><option value="860000">$860000</option><option value="870000">$870000</option><option value="880000">$880000</option><option value="890000">$890000</option><option value="900000">$900000</option><option value="910000">$910000</option><option value="920000">$920000</option><option value="930000">$930000</option><option value="940000">$940000</option><option value="950000">$950000</option><option value="960000">$960000</option><option value="970000">$970000</option><option value="980000">$980000</option><option value="990000">$990000</option><option value="1000000">$1000000</option> </select></td></tr><tr><td colspan="2" height="8" style="border-bottom: 1px solid #dedede;"></td></tr><tr><td colspan="2"><img id="btnImage" src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/marketing/RetCal_SubBttn2.gif" id="submitBtn" border="0" height="21" width="175" style="padding-top: 7px; padding-bottom: 7px;"></td></tr><tr><td colspan="2"><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/marketing/RetCal_SubBttn.gif" id="submitBtn" onclick="calculateSavings()" usemap="#Map" style="display: none; padding-top: 7px; padding-bottom: 7px;" border="0" height="21" width="175"></td></tr><tr><td colspan="2" class="dottedline"></td></tr><tr><td colspan="2" class="L1a"> Based on <a class="L1a" href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/articlenet/article.aspx?id=193971" target="_blank">a study</a> by Ibbotson Associates. </td></tr><tr><td colspan="2" height="8"></td></tr></table></form></div> <div class="section12"><div class="headline_b1"> Retirement Tools</div><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/IRA/IRACalculator.html" class="slink11">IRA Calculator</a><a href="https://web.archive.org/web/20130305094841/http://portfolio.morningstar.com/RtPort/Reg/AllView.aspx" class="slink11">Portfolio Manager</a><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/BondCalc/BondCalculator_YTM.html" class="slink11">Bond Calculator</a><a href="https://web.archive.org/web/20130305094841/http://screen.morningstar.com/AssetAllocator/AssetAllocator.html" class="slink12">Asset Allocator </a><a href="https://web.archive.org/web/20130305094841/http://portfolio.morningstar.com/NewPort/Reg/PortAllocDisclaim.aspx?dt=0.7055475" class="slink11">Portfolio Allocator</a><br/></div> <div class="section12"><div class="headline_b1"> Retirement Classroom</div><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/classroom2/course.asp?docId=4581&page=1&CN=COM" class="slink11">Get More Conservative</a><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/classroom2/course.asp?docId=4590&page=1&CN=COM" class="slink11">Making a Drawdown Plan</a><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/classroom2/course.asp?docId=4569&CN=COM&page=1" class="slink11">Income Alternatives</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/classroom.html" class="slink11">Course Catalog </a><div style="clear: both; display: inline;"></div></div> <div class="section12"><div class="headline_b1"> Retirement Videos</div><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=572199" title="The well-known retirement rule of thumb is still a reasonable starting point, but investors will want to customize their strategy based on investment expenses, their time horizon and allocation, market performance, and more, says Vanguard's Maria Bruno."><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/videocenter/121018_bruno_largethumb.jpg" height="98" width="175" alt="Is the 4% Withdrawal Rule Still Viable?" border="0"/></a><img src="https://web.archive.org/web/20130305094841im_/http://im.mstar.com/im/thumbctrls.gif" border="0" width="175" height="15"/><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=572199" title="The well-known retirement rule of thumb is still a reasonable starting point, but investors will want to customize their strategy based on investment expenses, their time horizon and allocation, market performance, and more, says Vanguard's Maria Bruno." class="row31a titlex2"> Is the 4% Withdrawal Rule Still Viable?</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=568802" title="Plus, Christine Benz answers a reader question about tamping volatility when using a total return approach in retirement, and suggests a couple of very long-term retirement fund picks." class="row31a text14"> Clearing Up Confusion on the 4% Rule</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=568323" title="Investors should study the broad spending trends and weigh the trade-offs when they plan for income replacement at different stages of retirement, says Pinnacle Advisory Group's Michael Kitces." class="row31a text14"> Calibrating Income Replacement in Retirement</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=555952" title="Retirees can gain some peace of mind by maintaining a near-term liquidity 'bucket,' reassessing their withdrawal rate, and stress-testing their equity holdings." class="row31a text14"> Retiree Survival Guide for Market Volatility</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videocenter.aspx?id=554643" title="Investors going through divorce should ensure they receive their share of retirement assets, reassess their financial goals and time horizons, know their Social Security benefits, and avoid major investment moves during a tumultuous time." class="row31a text14"> Managing Finances During and After Divorce</a><a class="row31b text14" href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/cover/videoCenter.aspx">More Videos…</a></div> <div class="section12"><script type="text/javascript"> OAS_AD('webinar'); </script></div></div> <div class="col22"> <div class="row52" align="center"><div style="margin: 0px auto 25px;"><script type="text/javascript"> OAS_AD('rectangletopright'); </script></div></div> <script type="text/javascript"> OAS_AD('contentmodule'); </script></div></div></div> <div class="clearspace"></div> </div> <div class="footerwrap">  <div class="f_Ads"><div class="f_Ads_row1"><div class="f_leaderad"><script type="text/javascript"> OAS_AD('footer'); </script></div><div class="f_Ads_col1">Content Partners <div class="f_partner1"></div><div class="f_partner2"></div></div></div></div>  <div class="f_Directory"><div class="f_Directory_row1"><a id="nav1" class="f_sdirtabOn" title="Morningstar.com Site Directory" onclick="javascript:getSiteFooter('/GHeaderFooter/US/en-US','siteDirectoryContent', this);">Site Directory</a><a id="nav2" class="f_sdirtab" title="Morningstar.com Site Map" onclick="javascript:getSiteFooter('/GHeaderFooter/US/en-US','siteMapContent', this);">Site Map </a><a id="nav3" class="f_sdirtab" title="Morningstar.com Products" onclick="javascript:getSiteFooter('/GHeaderFooter/US/en-US','productsContent', this);">Our Products </a><div class="f_sdirsearch"><input id="AutoCompleteBoxFooter" name="sSrchTerm" value="" class="h_quote" autocomplete="off" maxlength="256" type="text"></input><a href="javascript:FooterBox.trySubmit();" class="hqt_button"></a><form name="searchFormFooter" method="post" onsubmit="srchTerm('searchFooter')" style="margin: 0px; padding: 0px;float:left;"><input name="sSrchTerm" value="" class="h_search" onclick="ClearSearchBox('searchFooter')" type="text"></input><input name="SrchTerm" type="hidden"><a href="javascript:srchTerm('searchFooter')" class="hsr_button"></a></form></div></div>   <div class="f_Directory_row2" id="siteDirectoryContent" style="display:none;"></div>   <div class="f_Directory_row2" id="siteMapContent" style="display:none;">  </div>   <div class="f_Directory_row2" id="productsContent" style="display:none;">  </div>  </div>  <div class="f_Links"><div class="f_Links_row1"><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/Corrections/CorrectionsList.html" class="f_text3">Corrections </a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/Cover/Help.html" class="f_text3">Help </a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/AboutUs/MediaKit.html" class="f_text3">Advertising Opportunities </a><a href="https://web.archive.org/web/20130305094841/http://members.morningstar.com/reprints/rp_home.html" class="f_text3">Licensing Opportunities </a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/InvGlossary/?CustId=&CLogin=&CType=&CName=" class="f_text3">Glossary </a><a href="https://web.archive.org/web/20130305094841/http://news.morningstar.com/rss/rss.html" class="f_text3">RSS </a><a href="https://web.archive.org/web/20130305094841/http://mobile.morningstar.com/(S(dqff4gf55gvf0ub4h4bi2145))/mobileport.aspx" class="f_text3">Mobile Portfolio </a><a href="https://web.archive.org/web/20130305094841/https://signup.cj.com/member/brandedPublisherSignUp.do?air_refmerchantid=2495598" class="f_text3">Affiliate </a><a href="https://web.archive.org/web/20130305094841/http://corporate.morningstar.com/US/asp/subject.aspx?xmlfile=361.xml" class="f_text3">Careers </a><a href="https://web.archive.org/web/20130305094841/http://corporate.morningstar.com/US/asp/subject.aspx?filter=refresh&xmlfile=126.xml&pgid=hetopcompnews" class="f_text3">Company News</a></div></div>   <div class="f_Sites"><div class="f_Sites_row1">International Sites : <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com.au/" class="f_text4">Australia</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.ca/" class="f_text4">Canada</a><a href="https://web.archive.org/web/20130305094841/http://www.cn.morningstar.com/main/default.aspx" class="f_text4">China</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.fr/" class="f_text4">France</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstarfonds.de/de/default.aspx?lang=de-DE" class="f_text4">Germany</a><a href="https://web.archive.org/web/20130305094841/http://www.hk.morningstar.com/" class="f_text4">Hong Kong</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.it/it/default.aspx?lang=it-IT" class="f_text4">Italy</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.nl/nl/default.aspx?lang=nl-NL" class="f_text4">The Netherlands</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.no/" class="f_text4">Norway</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.es/es/default.aspx?lang=es-ES" class="f_text4">Spain</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.co.uk/uk/default.aspx" class="f_text4">United Kingdom</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.ch/" class="f_text4">Switzerland</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.in/" class="f_text4">India</a><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.fi/" class="f_text4">Finland</a></div></div>   <div class="f_Copyright"><div class="ya_cnt1"><div class="ya_grp1"><div class="ya_row2">Stocks by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/index1.html" class="f_text4">Name</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/indexb1.html" class="f_text4">Ticker</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/indexc1.html" class="f_text4">Star Rating</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/indexd1.html" class="f_text4">Market Cap</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/indexe1.html" class="f_text4">Stock Type</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/indexf1.html" class="f_text4">Sector</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/stocks/indexg1.html" class="f_text4">Industry</a></div></div><div class="ya_grp2"><div class="ya_row2">Mutual Funds by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/index1.html" class="f_text4">Star Rating</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexb1.html" class="f_text4">Investment Style</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexc1.html" class="f_text4">Total Assets</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexd1.html" class="f_text4">Category</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexe1.html" class="f_text4">Top Holdings</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexf1.html" class="f_text4">Top Sectors</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexg1.html" class="f_text4">Symbol / Ticker</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/funds/indexh1.html" class="f_text4">Name</a></div></div><div class="ya_grp3"><div class="ya_row2">ETFs by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/etf/index1.html" class="f_text4">Star Rating</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/etf/indexb1.html" class="f_text4">Category</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/etf/indexc1.html" class="f_text4">Total Assets</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/etf/indexd1.html" class="f_text4">Symbol / Ticker</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/etf/indexe1.html" class="f_text4">Name</a></div></div><div class="ya_grp1"><div class="ya_row2">Articles by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/articles/index1.html" class="f_text4">Title</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/articles/indexb1.html" class="f_text4">Date</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/articles/indexc1.html" class="f_text4">Author</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/articles/indexd1.html" class="f_text4">Collection</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/articles/indexe1.html" class="f_text4">Interest</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/articles/indexf1.html" class="f_text4">Popularity</a></div></div><div class="ya_grp3"><div class="ya_row2">Investment Categories by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/categories/index1.html" class="f_text4">Topic</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/categories/indexb1.html" class="f_text4">Sector</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/categories/indexc1.html" class="f_text4">Key Indicators</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/categories/indexd1.html" class="f_text4">User Interest</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/categories/indexe1.html" class="f_text4">Market Cap</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/categories/indexf1.html" class="f_text4">Industry</a></div></div><div class="ya_grp2"><div class="ya_row2">Premium Stocks by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/index1.html" class="f_text4">Name</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/indexb1.html" class="f_text4">Ticker</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/indexc1.html" class="f_text4">Star Rating</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/indexd1.html" class="f_text4">Market Cap</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/indexe1.html" class="f_text4">Stock Type</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/indexf1.html" class="f_text4">Sector</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-stocks/indexg1.html" class="f_text4">Industry</a></div></div><div class="ya_grp3"><div class="ya_row2">Premium Mutual Funds by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/index1.html" class="f_text4">Star Rating</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexb1.html" class="f_text4">Investment Style</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexc1.html" class="f_text4">Total Assets</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexd1.html" class="f_text4">Category</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexe1.html" class="f_text4">Top Holdings</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexf1.html" class="f_text4">Top Sectors</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexg1.html" class="f_text4">Symbol / Ticker</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-funds/indexh1.html" class="f_text4">Name</a></div></div><div class="ya_grp3"><div class="ya_row2">Premium ETFs by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-etf/index1.html" class="f_text4">Star Rating</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-etf/indexb1.html" class="f_text4">Category</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-etf/indexc1.html" class="f_text4">Total Assets</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-etf/indexd1.html" class="f_text4">Symbol / Ticker</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/premium-etf/indexe1.html" class="f_text4">Name</a></div></div><div class="ya_grp3"><div class="ya_row2">Popular Articles by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-articles/index1.html" class="f_text4">Title</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-articles/indexb1.html" class="f_text4">Date</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-articles/indexc1.html" class="f_text4">Author</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-articles/indexd1.html" class="f_text4">Collection</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-articles/indexe1.html" class="f_text4">Interest</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-articles/indexf1.html" class="f_text4">Popularity</a></div></div><div class="ya_grp3"><div class="ya_row2">Popular Investment Categories by: <a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-categories/index1.html" class="f_text4">Topic</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-categories/indexb1.html" class="f_text4">Sector</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-categories/indexc1.html" class="f_text4">Key Indicators</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-categories/indexd1.html" class="f_text4">User Interest</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-categories/indexe1.html" class="f_text4">Market Cap</a><span>|</span><a href="https://web.archive.org/web/20130305094841/http://www.morningstar.com/invest/popular-categories/indexf1.html" class="f_text4">Industry</a></div></div><div class="ya_bottom1"></div></div><div class="f_Copyright_row1"> Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.<br/><br/>© Copyright 2013 Morningstar, Inc. All rights reserved. Please read our Terms of Use and Privacy Policy. Morningstar Index, Russell 2000, and Dow Jones Industrial Average quotes are 20 minutes delayed. </div></div>  </div><div id="AutoCompleteDropDownFooter"></div><script language="javascript"> var HeaderBox = initBoxQuote("AutoCompleteBox", "AutoCompleteDropDown"); HeaderBox.IdleDisplayMsg = ''; HeaderBox.LocalRegion = "USA"; HeaderBox.SetPreference('USA', 'en-US', 32); var FooterBox = initBoxQuote("AutoCompleteBoxFooter", "AutoCompleteDropDownFooter"); FooterBox.IdleDisplayMsg = ''; FooterBox.LocalRegion = "USA"; FooterBox.SetPreference('USA', 'en-US', 32); function getSiteFooter(headerPath, id, obj) { var url = headerPath + "/footer.ashx?site=" + id; $.get(url, function(data) { if (id == "siteDirectoryContent") { var oFooterDiv = document.getElementById("siteDirectoryContent"); } else if (id == "siteMapContent") { var oFooterDiv = document.getElementById("siteMapContent"); } else if (id == "productsContent") { var oFooterDiv = document.getElementById("productsContent"); } oFooterDiv.innerHTML = data; swapout(id, obj); }); } var imageIDs = new Array('siteDirectoryContent', 'siteMapContent', 'productsContent'); //content boxes </script><script src="//web.archive.org/web/20130305094841js_/http://im.mstar.com/im/mbr/scripts/mstartracking/tracking_user_cgmn_c.js" language="javascript"></script> <script type="text/javascript"> $(document).ready(function() { HeaderFooter.updateUserStatus('', false); HeaderFooter.activateNav('nav_personal_finance', 'subnav_personal_finance'); HeaderFooter.activateNav("nav_personal_finance", "subnav_pf_5"); }); </script></div></body></html>