Here is the average income for retirees in the US — how do you compare? Plus a few ways to add a financial cushion for a comfy retirement
And even if your retirement income does include some money from other sources, is the final tally enough to retire the way ...
Only 17% of Americans Use This Amazing Retirement Account
Among workers who have access to a Roth 401(k), only 17% contribute to one. Here's why others want to start ASAP.
This retirement account is an ‘IOU to the IRS' — but here's when it makes sense, expert says
Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, experts say.
Market losses early in retirement can increase your risk of outliving your money. But you can take steps to mitigate that
If you plan to call it quits at work within a decade, or you’ve just retired, you may want to take steps to minimize what’s ...
Jean Chatzky sends strong message on 401(k), IRA retirement money
Jean Chatzky answers the 401(k) vs. IRA question. Chatzky explained her interpretation of the question about whether 401(k)s ...
The Simple Retirement Formula: Save More, Spend Less
Retirement planning ultimately boils down to a simple equation: the more saved, the sooner financial independence becomes ...
8 Money Mistakes That Could Harm Your Retirement
CREATISTA/istockphotoRetirement is an important chapter of life, but there are so many financial pitfalls that retirees can ...
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401 (k) holders watch their retirement account balances fall with the stock markets they’re tied to. For the most part, they’re ...
Living Solely on Portfolio Income in Retirement: Can it Be Done?
Living on portfolio income is living the dream. Although many retirees are woefully short on savings, some manage to kick off ...
If a big inheritance is your retirement plan, don't get your hopes up
If you’re biding your time until Mom or Dad or that rich uncle dies, passing their wealth to you, then prepare yourself for a ...
Private equity wants a larger piece of the $12.5 trillion workplace retirement plan market
With the new Trump administration, private equity firms see a greater opportunity in the $12.5 trillion in assets in employer ...
Should You Still Be Saving for Retirement While the Stock Market Is Plunging?
The stock market has many Americans feeling rattled about the future, as prices continue to sink. The Nasdaq Composite fell ...