Retirement income

Setting off on post-work lives requires planning and an honest discussion with loved ones. Here’s how advisers can help start the conversation.

Tax cuts and other policies have stirred a stronger economy, but these results could mean vulnerable financial markets in the foreseeable future.

Employees who want to stretch their dollars the furthest during their post-work years may want to consider relocating to these places.

IRS rules allow clients in certain circumstances to tap their retirement accounts before the age of 59 1/2 without a 10% penalty. But this still should be considered a last resort, an expert says.

The guideline used a specific set of assumptions: a retirement lasting 30 years with savings in a tax-deferred account and nothing left for heirs. Change just one and your “safe” withdrawal rate may differ.

Retirees will owe taxes for up to 85% of their Social Security benefits if their adjusted gross income plus nontaxable interest exceed a certain threshold.

More than one-third of the $18.1 trillion invested globally in pensions are in 133 U.S. funds, including Boeing, AT&T, IBM, General Motors and General Electric.

A study notes that retirees might be experiencing the “Homer Simpson” mindset, in which they choose immediate gratification without thinking about the long-term consequences.

More than one-third of the $18.1 trillion invested globally in pensions are in 133 U.S. funds, including Boeing, AT&T, IBM, General Motors and General Electric.

Among current retirees, the numbers aren't much better: 60% of them have not calculated how much health care costs impact their savings.

Plan sponsors are modernizing traditional auto-services to boost the financial health of varying employee populations.

Lawmakers are looking to pass the Retirement Enhancement and Savings Act of 2018, which will allow workers to save more while encouraging employers to offer more retirement savings options.

Cost of living is a key consideration, but a retiree’s goals and objectives are also important.

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

These property tax deferral programs are available to older homeowners who want to postpone real estate taxes provided they remain living in their home.

Plan sponsors are worried their employees will outlive their post-work savings and not be able to pay for healthcare expenses, TIAA research finds.

Most people, particularly younger clients, worry that they will not be able to get their Social Security benefits by the time they retire.

Plan sponsors are worried their employees will outlive their post-work savings and not be able to pay for healthcare expenses, TIAA research finds.

Plan design features like automatic enrollment and automatic increases are having a positive impact. Such steps are designed to increase participation even from people who may be suffering from inertia, says a researcher.

Millennials and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.