Retirement income

With inflation figures falling, retirees can expect a 2.5% increase in 2025. Here's how planners are guiding clients through the impact of that slight bump.

Anthony Bunnell, head of retirement for Morgan Stanley at Work, shared how to secure a financially sound retirement.

14.8 million participants switch employers every year — and 33% of workers have stranded a 401(k) savings account in a former employer’s plan at least once.

“Getting ready for retirement can be daunting, but this solution makes me feel more prepared for what’s ahead,” one Unum employee said.

Many low-paid workers without much retirement savings found themselves forced out of their jobs with little prospect of finding employment again. Retiring before the full retirement age will result in a cut in their Social Security benefits, by as much as 30%.

If you have a special number in mind for your golden years, it should be how much you’ll be able to spend each year. And financing that spending brings many new risks into the picture.

While early retirement might sound appealing, it can be a struggle for those who don’t have sufficient income to pay their bills.

Whether it be out of pandemic boredom or financial necessity, companies may need to factor in older workers in their recruiting efforts.

Are you getting the most from your outsourcer? Here are six things to check the next time you look under the hood of your relationship.

Texas, Rhode Island and New York all made WalletHub’s list of worst states for retirement. Is your state on the list?