Reuters Money: Have fun now, retire later

	Click to View in Browser 04/25/2013 Have fun now, retire later WASHINGTON (Reuters) - By the time you are nearing the pre-retirement years, you've probably heard all that nose-to-the-grindstone advice hundreds of times: Work longer. Cinch the belt tighter. Plow as much as possible into your 401(k) because you might live to be 100 and you'll need that money later. Apple, the Fed and the financial fallacy (Reuters) - Apple's emphasis on share buybacks is a strikingly similar error to the Federal Reserve's dedication to buying U.S. Treasuries. Taffeta shock: What U.S. families shell out for school proms NEW YORK (Reuters) - Inspired by celebrities on the red carpet, influenced by couture photos circulated on Pinterest and armed with price information from online browsing, American girls plan to spend more when they shop for prom dresses this year. Column: Want to buy a business? You can tap your 401(k) CHICAGO (Reuters) - Mark Schottland's 401(k) took a beating in the market crash of 2008, and its value plunged 35 percent, to $65,000. But rather than go into a mattress fund, the Nashville resident decided to invest in himself. UK retools flagship credit scheme to help small firms LONDON (Reuters) - Britain sought to inject new life into the country's stagnant economy on Wednesday by giving banks greater incentives to lend to small and medium-sized firms which complain they are starved of credit. China to increase scrutiny on wealth management products BEIJING (Reuters) - China will heighten oversight on wealth management products in 2013 by taking a closer look at money flows off banks' balance sheets to reduce financial risks at a time when growth is slowing in the world's No. 2 economy. Japanese investors sell $785 million in foreign currency toshins TOKYO (Reuters) - Japanese investors appear to be continuing to plough money into domestic equities despite expectations that Japan's aggressive push to reflate its economy, dubbed "Abenomics", would spark a massive flight of investment out of the country. Private equity firms add debt to European businesses LONDON (Reuters) - Private equity groups are paying themselves and their investors by getting the European firms they own to raise cash by issuing debt in volumes not seen since before the financial crisis. The next crisis: Fed promised, Fed delivered - James Saft (James Saft is a Reuters columnist. The opinions expressed are his own.) KPMG chairman says campaign against auditor anonymity misleading SHANGHAI (Reuters) - Renewed calls by U.S. regulators for those who sign off on audit reports to be publicly named, sparked by an insider trading scandal at KPMG, will do little to restore investor confidence, the audit firm's chairman said on Tuesday. Related Video 3 myths about gold 3 rules for buying a house now Business News Wall Street opens up after earnings, jobless claims Jobless claims fall, labor market recovery advances The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend