Retirement scan

Many carriers offering LTC coverage are experiencing financial woes and may no longer guarantee payments when clients need them.

An alternative is a hybrid long-term-care policy with features of traditional LTC insurance and cash-value life coverage that grows over time.

A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.

A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.

Women often have more years of low income—or no income—at some point in their careers.

Women often have more years of low income—or no income—at some point in their careers.

Contrary to what some people think, their tax burden may not decline after leaving the workplace for good.

Contrary to what some people think, their tax burden may not decline after leaving the workplace for good.

An expert warns that "the buy, hold and forget" strategy would only work in bull market conditions.

Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.

Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.

Seniors who have remarried may still qualify for a Social Security divorced spousal benefit on their ex-spouse's record.

Participants can make the most out of their plan by taking advantage of their employer's matching contribution.

Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

Those who leave the workforce are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.

Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.

Emotion-driven decisions may result in portfolios that retirees find palatable, but they are also likely to result in lower returns.

Tapping a 401(k) isn’t good idea, so it would need to be the lesser of two or more evils. And they “would have to be pretty evil evils," says an expert.

Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn overcame some common pitfalls.