Retirement income

Pre-retirees are encouraged to save aggressively and create a list of things they plan to spend their money on without remorse, an expert says.

Clients can void overspending by seeking out sales and discounts to lower their food and entertainment costs.

A succession plan is not only for retirement but in the event of premature death, serious illness or incapacity.

While it’s recommended they have at least three sources when they retire, just 6.8% of savers have done so, according to a report.

While retirement readiness among Americans has improved in general, Gen Xers are struggling with housing, college and medical costs, a survey finds.

Employees will need more education and guidance when it comes to taking advantage of their defined contribution plans.

After developing a plan to cover their bills and emergency expenses, clients in a new marriage are advised to start working on their long-term goals.

Steady gains made in equity markets last year were "clearly a tailwind,” an expert says.

Nearly 48% of younger Americans feel they are not saving enough to secure their lifestyles after leaving the workforce, a report finds.

Figuring out ways to keep older workers engaged and help them overcome the prejudices that prevent them from getting hired is a task often neglected by policymakers

To reduce the risk of retiring early, seniors are advised to take on a part-time job or downsize to reduce expenses.

While there are strategies to help reduce risk, clients should recognize the order of investment returns is crucially important, an expert writes.

Within 10 years, millions of baby boomers will be facing financial and health-related challenges in retirement.

Investors who plan to retire early are advised to start saving as soon as possible and diversify their earnings with multiple sources of income.

A recent study found American workers would face better retirement prospects if the federal government adopts certain public policy changes.

“The advice I give is to calculate the financial impact for each option,” an expert says.

Research shows that both a match and automatic enrollment have significant positive effects, especially on groups that tend to have lower participation and contribution rates.

Ill-prepared investors are advised to vigorously plan their expenses and aggressively save in their 401(k)s and IRAs.

Making savings automatic and quantifiable can streamline the process of getting employees involved in saving for retirement and other financial goals.

Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.