Retirement income

A recent report from Democrats on the Joint Economic Committee says that Social Security is being threatened, and the federal government should consider modernizing and enhancing the program.

Inflated client expectations mingled with fears of congressional cutbacks are making retirement planning even more complex.

Engaged savers, specifically those who are near the end of work, deserve an appropriate spectrum of risk options.

The differences generally come down to investor eligibility and when taxes are paid, but that can have a significant impact.

Forget student loan debt assistance and day-to-day budgeting help. Workers most want employers to help them plan out how to manage healthcare and long-term care expenses during their post-work years.

Many employees expect to collect more than they actually will, which can prompt them to retire and file for benefits early and, in turn, reduce their actual payouts.

People are expected to have a longer life span, and this could pose a challenge in that it will require bigger nest eggs for retirement.

Fidelity Investments’ annual cost estimate is new motivation for employers to step up efforts in helping employees plan for medical expenses during their post-work years.

Instead of amassing $1 million in savings, clients should consider asking themselves if they are prepared financially for several decades of retirement.

Employers including Amazon, Target and Wells Fargo have some of the best and most lucrative retirement benefits, according to Glassdoor research.