Editorial Staff

IRAs are not subject to as many rules, allowing investors to make withdrawals that conform to their portfolio strategy.

Working 30 years instead of 29 will yield a fractional monthly benefit increase—"like by 1/29th"—says one expert, who also notes how get a good idea of future benefit

Working 30 years instead of 29 will yield a fractional monthly benefit increase—"like by 1/29th"—says one expert, who also notes how get a good idea of future benefit

Many millennials feel their parents can provide them good financial advice, but they are reluctant to seek help from elders, as well as from financial professionals.

Many millennials feel their parents can provide them good financial advice, but they are reluctant to seek help from elders, as well as from financial professionals.

Seniors are advised to get health insurance to complement their Medicare coverage and hire a health care advocate and billing specialist.

Seniors are advised to get health insurance to complement their Medicare coverage and hire a health care advocate and billing specialist.

Retirement investors who need to decide whether to sell depreciated stocks or ride out a declining market should make a decision based on their investing goals, says strategist.

Retirement investors who need to decide whether to sell depreciated stocks or ride out a declining market should make a decision based on their investing goals, says strategist.

Seniors may delay the benefit for increased payout in the future if they have other income sources, they are healthy, or interest rates are high.

Seniors may delay the benefit for increased payout in the future if they have other income sources, they are healthy, or interest rates are high.

An expert warns that investors will have to contend with lower returns in the future, as stocks are currently high-priced.

An expert warns that investors will have to contend with lower returns in the future, as stocks are currently high-priced.

Open enrollment offers seniors the opportunity to change their plans and save hundreds of dollars.

Open enrollment offers seniors the opportunity to change their plans and save hundreds of dollars.

Medicare is needlessly complicated so people often become paralyzed, cannot make a decision and end up doing nothing, says an expert.

Medicare is needlessly complicated so people often become paralyzed, cannot make a decision and end up doing nothing, says an expert.

While clients experience various benefits as they age, they still owe taxes after exiting the workforce.

While clients experience various benefits as they age, they still owe taxes after exiting the workforce.

The country's retirement crisis is not only limited to Social Security's insolvency issues, says Vanguard founder Jack Bogle.