Retirement

Employers need to help their workers understand and prepare for additional medical charges when they stop working.

Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.

Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.

Employees gently prodded on retirement contributions can come out ahead.

Employees should consider a dependable second-hand car instead of a new one, and then redirect the money saved into a retirement account.

Employees often don’t save enough, and few utilize auto-escalation.

Employers need to help their workers understand and prepare for additional medical charges when they stop working.

Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.

Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.

In a perfect world, the largest expenses in retirement would be for fun things like travel and entertainment. In the real world, retiree healthcare costs can take an unconscionably big bite out of savings.