Social Security

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.

"Since no one has a crystal ball to predict what will happen, I advise saving money on both sides of the tax fence," an expert says.

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

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.

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

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

It is important for entrepreneurs to have an exit strategy and to take control of their debt.

“By and large, many simply have not yet saved enough to retire comfortably.”

Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.