Retirement scan

If they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds.

Seniors who negotiate for such an arrangement should consider their finances, flexibility and mutual benefits.

Workers need to have saved a certain amount at a certain age to stay on track for securing their retirement.

Age discrimination, unpredictable life shocks and involuntary retirement casts serious doubt on the “work longer” thesis.

Clients adding investments other than target-date funds to their 401(k) or 403(b) could potentially hurt their bottom line.

To make the most of their savings, workers should start funding their accounts as early as possible.

“The big issue here is being able to maintain your standard of living,” an expert says.

The next generation can assist loved ones with applying for financial assistance, reducing expenses and developing a financial plan.

These employees will need bigger savings than other age groups to fund a longer retirement horizon, according to a study.

Many pin the blame on stagnant or dwindling income, according to a new survey.

Retirees who outlive their savings are among those most at risk.

Depending on where they live, retirees can expect their six-figure savings to last more than two decades, data shows.

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.

Before saving for retirement, young employees are advised to pay down high-interest debts and build an emergency fund, an expert says.

Employees have to increase their risk exposure to ensure they don’t outlive their savings.

Workers can use Roth IRAs, 529 plans and — yes — life insurance to give their children a head start.

Those with 1099 income have several tax-advantaged options.

“They’re looking at their future and saying, ‘If I pay taxes today, I could potentially have more tomorrow,’ ” one expert says.

Careful planning can help prevent workers from shrinking their benefits based on misperceptions.

Single women in their early 60s have saved roughly $37,000 less than men.