Government report sounds alarm on retirement crisis
The government should promote universal access to retirement savings and give Americans more options for the spend-down phase of retirement, according to the study.
Retirement scan
Extreme loss aversion is not a retirement strategy
Although retirees need to protect their savings to avoid losing money, extreme aversion to loss could do more harm than good.
Extreme loss aversion is not a retirement strategy
Although retirees need to protect their savings to avoid losing money, extreme aversion to loss could do more harm than good.
Over 50 and a woman? Better get saving for retirement
An average 50-year-old woman in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years, according to UBS.
Over 50 and a woman? Better get saving for retirement
This person in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years.
Health savings accounts are good retirement medicine
If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.
Health savings accounts are good retirement medicine
If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.
Guide to Medicare open enrollment for 2018
Retirees can change their Part D prescription-drug plans, Advantage plans, and/or switch from traditional Medicare to Medicare Advantage during open enrollment, which ends Dec. 7.
Why one millennial avoids 401(k)s and uses trading accounts instead
Investors can "make some real money trading, but you really have to know what you are doing,” says one advisor.
Retirement worse than expected for more than 1 in 4 seniors
About 28% of seniors polled by Nationwide claimed that their lives worsened after they retired.
How much could Social Security checks increase in 2018?
The annual cost-of-living adjustment could increase by as much as 2% due to inflation spurred by recent hurricanes.
Why the average retirement age is rising
Social Security, pension type, and education are factors that have contributed to the rise in the retirement age since the mid-1980s.
Help employees avoid these retirement myths
Workers should not assume that Medicare will cover all their medical expenses, or that they'll see a decrease in their expenses after they retire.
Help clients avoid these retirement myths
Clients should not assume that Medicare will cover all their medical expenses, or that they'll see a decrease in their expenses after they retire.
What if the retirement crisis has been exaggerated?
Most retirees said they adapted to their situation of having limited retirement income and they have had few regrets, according to a survey.
What if the retirement crisis has been exaggerated?
Most retirees said they adapted to their situation of having limited retirement income and they have had few regrets.
End of the Social Security number? A White House official thinks so
The Equifax hack has prompted the Trump administration to look at ways to establish a safer technology to replace the existing Social Security number.
End of the Social Security number? A White House official thinks so
The Equifax hack has prompted the Trump administration to look at ways to establish a safer technology to replace the existing Social Security number.
Workers fear Social Security will go broke
Nearly two-thirds of future and recent retirees are worried there will be cuts to the program under the Trump administration. And an even greater percentage think that it needs to change.
The big decision in retirement: Rent or buy
Owning a home can bring tax benefits, as well as equity that can be used to create an income stream, but in some cases a rental can be a better deal for retirees.
