Legacy Topic: Your Money

Hedge funds aren't for the rich anymore; average investors are putting cash into these risky ventures. But it's been hard to know just *how* risky hedge funds actually are... until now. Kai talks with Forbes' Paul Maidment.

The new pension bill gives employers the power to automatically enroll workers in 401(k) plans. That means employees need to be more pro-active. Ross Levin is the President of Accredited Investors, Inc. He provides a checklist of what you need to know.

Personal finance expert Chris Farrell talks with host Scott Jagow about what the Fed should do next with interest rates.

A study out today says the much-maligned pension still has many benefits over 401k accounts. Turns out pensions have lower fees and better financial performance. Hillary Wicai reports.

Retirees have spoken, and they're moving overseas to spend their golden years. If you decide to take your retirement abroad, how much should you save? And where should you look? Tess talks with Brent Kessel of Kubera Portfolios.

Seniors are living longer and the cost of elder care is rising. There are long-term care policies that lower the costs of nursing homes and assisted living centers. But are they worth the price? Nancy Farghalli reports.

The Senate takes its immigration field hearing tour to Colorado today to examine the impact of illegal immigration on state and federal budgets. Scott Tong reports.

Kai Ryssdal talks with The New York Times' Micheline Maynard about the continuing changes and reports of impending deals at struggling Ford Motor Co.

Alaska has been enjoying a mini gold rush this summer. Increased interest in the precious metal has people wading into streams with pan in hand. From Juneau, Weld Royal reports.

Commentator Amity Shlaes has a winning investment strategy — wait until Congress takes a break.