Editorial Staff

While some experts recommend annuitizing at least 25% of savings to generate guaranteed income in retirement, clients should weigh other options before making a decision.

The U.S. ranks poorly among 14 developed nations, with U.S. females having the shortest life spans and U.S. males the second shortest.

The U.S. ranks poorly among 14 developed nations, with U.S. females having the shortest life spans and U.S. males the second shortest.

The one-size-fits-all approach may not suit everyone as circumstances vary. Investors may consider a managed account, plus a robo, which is an inexpensive alternative.

People who were born in 1960 and later can start collecting Social Security retirement benefits as soon as they reach 62, but their full retirement age has been increased to 67.

Knowing full retirement age is a key to developing a claiming strategy that will enable pre-retirees to maximize Social Security benefit.

Knowing full retirement age is a key to developing a claiming strategy that will enable pre-retirees to maximize Social Security benefit.

With the full retirement age increased, the advantages of waiting until age 70 have been somewhat diminished.

With the full retirement age increased, the advantages of waiting until age 70 have been somewhat diminished.

While workers are better off leaving their money in the plans, they’re allowed to make penalty-free withdrawals if it’s for out-of-pocket medical bills not covered by insurance.