Retirement should inspire thoughts of mixed drinks on the beach and long afternoons with the grandkids. But for many people, just mentioning the word spurs anxiety. Younger Americans are waiting too long to put money away, middle-aged workers rarely make up for lost time and people approaching retirement hope to hold onto their jobs long […]
Have a traditional savings account? You may be missing out on a bigger payout.
Three experts share how they'd catch up.
IRAs and Social Security working together according to a plan can boost your future financial security -- by a lot.
Putting Social Security out of your mind could help you plan better for your senior years.
Don't let misinformation keep you from the sort of retirement you'd like to have.
Saving enough for retirement may seem like an impossible goal. The standard advice—save at least 10% of your pay—makes sense on paper, but it’s really hard in practice. Perhaps you bounced around between jobs in your 20’s before finding a career. Maybe your job didn’t offer a 401(k) and you never got around to setting […]
Want a stress-free retirement? Make sure you account for these three factors.
Having too much leeway in your retirement plan could backfire.
It’s hard to avoid the constant reminders that college in America is outrageously expensive, and that prices have been climbing for years. But don’t lose hope: It is possible to save a meaningful amount for your child’s college education, even if your budget is tight, as long as you make a plan. The amount you […]
Maximizing 401(k) contributions, calculating expenses and inflation, and investing wisely are some of the answers.
Most Americans aren't saving enough for retirement, so consider these three tips on building wealth for comfortable golden years.
Want to eke more money out of Social Security? Here's how.
Scared you'll deplete your nest egg? Here's your solution.
Tax-advantaged retirement accounts provide you with valuable retirement benefits. In exchange, you agree to lock up your money for the long term. Need early access to your retirement savings? The Internal Revenue Service (IRS) may charge an early withdrawal penalty. That’s why you need to understand Rule 72(t), which outlines a process by which you […]
Medical care is a significant retirement expense. Here's how to plan for it.
Retirement investing comes with a bonus that you don't want to miss.
A 457(b) is a type of tax-advantaged retirement plan for state and local government employees, as well as employees of certain non-profit organizations. While the 457(b) shares a few features with the more familiar 401(k) plan, it also has some unusual features. Here’s what you need to know. What Is a 457(b)? A 457(b) is […]
But the clock is ticking, so don't wait long to put some cash into your tax-advantaged retirement account.
Many seniors can't live on Social Security alone. Here's what to do if your benefits won't provide enough income for a comfortable lifestyle.
You'll slash your benefits if you claim them at 62, but here's why filing at that age pays nonetheless.