European politicians are running out of time. After more than a year of failing to sufficiently handle the the Greek sovereign debt problem, the crisis is spreading to Italy in a meaningful way.

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The results of a poll released today reveals that more than half of all Germans have absolutely no confidence in the euro and want to bring back their national currency, the Deutschmark.

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Simply saving in a 401(k) plan isn’t enough to ensure your retirement security. You also have to withdraw the money from your retirement account in a way that maintains as much of your spending power as possible.

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So Standard & Poor’s has downgraded U.S. Treasury debt and Washington is a fiscal and political mess. What does that mean for your retirement? Nothing good, for sure. But you can limit the damage with a calm, yet realistic approach. Here are 10 steps that should help protect your retirement.

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Standard And Poors (S&P) downgraded the pristine AAA credit rating of the USA. Republicans and Democrats quickly doled out blame to each other for the first-ever downgrade in the nation’s sterling credit rating, an expected but unsettling move that further clouds prospects for the recovery of the fragile United States’ economy.

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