Fidelity says these four moves can decide whether your heirs keep more of your money or send a chunk of it to the IRS.

Recent research reveals retirees withdraw just 2.1% of their savings annually—about half the amount experts recommend. Here's what the data shows.

If you don't take your RMDs on time, you'll risk a 25% penalty on whatever sum you fail to remove from your savings. In the case of a large RMD, that penalty could be costly. A $12,000 RMD you don't ...

If you won't be mortgage-free in time for retirement, just work those payments into your budget like any other expense. If you can afford them, you may find that you're better off hanging on to that ...

Financial planners often recommend drawing down 401 (k)s before claiming Social Security to maximize your benefit — which grows 8% annually until age 70. The challenge: Fixed expenses often far exceed ...