Margarida Correia

Clients will be better off using the income allocation strategy than the asset allocation approach when building a retirement portfolio, an advisor says.

Employees are advised to start looking for coverage in the marketplace, which will be open for 2019 enrollment from Nov. 1 through Dec. 15.

Retirees may have gotten out of the workforce too early if they are not yet eligible to claim health coverage through Medicare.

Instead of making quarterly tax payments, retirees have the option of having the payments withheld from their Social Security and pension benefits.

More small companies would be encouraged to offer retirement savings plans to their employees under a proposed bill.

Many retirement investors are including target-date funds in their 401(k) plans, but this strategy may not be a smart move.

Seniors should have socked away at least 10 times their salary in their retirement accounts by the time they retire to secure their golden years.

The worry that many feel about the possible reduction in their future retirement benefits as a result of Social Security's dwindling trust fund is misplaced, says an expert.

Retirement investors should ensure that their portfolios can withstand rising interest rates, inflation and recessions.

Socking away all retirement savings in traditional 401(k) and IRA accounts may no longer be wise.

Although the cost of living adjustment increased 2% this year, half of retirees cannot expect a substantial increase in their benefits.

Two in three plans offer a Roth savings feature, an option 401(k) participants should take advantage to reduce their tax liability.

More retirement investors are including cryptocurrency in their portfolio because it helps them achieve diversification.

While many retirees have prepped well for whatever the economy and markets may bring, far too many others have not, an expert says.

Retirees have median savings of $839,000, but many of them are unwilling to spend away their nest egg.

One of the misconceptions is that payroll taxes should be raised and benefits should be cut considerably to save the program.

Advisors should frame health care costs as an annual expense rather than a lump sum, which is demotivating for investors, according to Vanguard.

“Public pension plans continue to bury their heads in the sand living in a time warp of decades-old actuarial assumptions,” says a former Connecticut state treasurer.

Seniors receiving pension payments should ensure that their tax withholding is enough to cover the tax liability on the income and avoid trouble with the IRS.

Contrary to what many people think, Social Security will continue to pay benefit payouts to future retirees even after the program exhausts its trust funds by 2034, says expert.