Editorial Staff

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

Their hospital bills will not be covered if they were not formally admitted into the hospital for three consecutive days and were put under observation status.

Their hospital bills will not be covered if they were not formally admitted into the hospital for three consecutive days and were put under observation status.

Retirees may want to roll over a portion of their traditional IRA into a Roth IRA or use their IRA funds to buy a qualified longevity annuity contract.

Retirees may want to roll over a portion of their traditional IRA into a Roth IRA or use their IRA funds to buy a qualified longevity annuity contract.

Unlike pension plans which rely on market returns to fund their payouts, Social Security puts its investments in U.S. Treasury debt, which yields only 1% in annual return.

Unlike pension plans which rely on market returns to fund their payouts, Social Security puts its investments in U.S. Treasury debt, which yields only 1% in annual return.

Major home and car repairs are among the unexpected expenses that catch many retirees financially off-guard.

Major home and car repairs are among the unexpected expenses that catch many retirees financially off-guard.

Women are advised to double check their beneficiary information, update legal documents regularly and create a plan for long-term care.