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As much as 46% believe Medicare will cover the costs of long-term care.
May 24 -
Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.
May 10 -
A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.
May 6 -
A 67-year-old wife collecting spousal benefits will be better off waiting until 70 before shifting to her own retirement benefit if she remains healthy, according to this Q&A article.
May 2 -
Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.
April 26 -
Asset reserves are projected to become depleted in 2035, a year later than previously estimated.
April 22 -
One state has two of the top three cities in terms of boomer debt.
April 22 -
A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.
April 18 -
Tapping into these plans is one method used to prevent bankruptcy.
April 17 -
Many workers are unaware they have the option of making catch-up contributions to retirement accounts, missing out on an opportunity to boost savings.
April 16