One adviser shuns LTC insurance — but says this is a better idea
An alternative is a hybrid long-term-care policy with features of traditional LTC insurance and cash-value life coverage that grows over time.
Editorial Staff
These funds can help boomers avoid 50% tax penalty
A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.
These funds can help boomers avoid 50% tax penalty
A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.
Why women gain more than men by working longer
Women often have more years of low income—or no income—at some point in their careers.
Why women gain more than men by working longer
Women often have more years of low income—or no income—at some point in their careers.
Taxes can be a real threat to client retirement plans
Contrary to what some people think, their tax burden may not decline after leaving the workplace for good.
Taxes can be a real threat to client retirement plans
Contrary to what some people think, their tax burden may not decline after leaving the workplace for good.
7 myths about retirement investing that do not guarantee good outcomes
An expert warns that "the buy, hold and forget" strategy would only work in bull market conditions.
Unhealthy habits could destroy a retirement
Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.
Unhealthy habits could destroy a retirement
Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.
Obscure Social Security rule can pay off for those remarrying later in life
Seniors who have remarried may still qualify for a Social Security divorced spousal benefit on their ex-spouse's record.
401(k) strategies to grow wealth
Participants can make the most out of their plan by taking advantage of their employer's matching contribution.
3 facts every retiree should know: Retirement Scan
Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.
3 facts every retiree should know
Those who leave the workforce are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.
Why retiring together makes sense (usually)
Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.
She retires. He doesn’t. Why retiring together makes sense (usually)
Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.
The right way to be emotional about investments
Emotion-driven decisions may result in portfolios that retirees find palatable, but they are also likely to result in lower returns.
Is it OK for employees to raid a 401(k)?
Tapping a 401(k) isn’t good idea, so it would need to be the lesser of two or more evils. And they “would have to be pretty evil evils," says an expert.
Retiring early despite investing mistakes
Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn overcame some common pitfalls.
Retiring early despite investing mistakes
Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn allow employees to overcome common pitfalls.