A Record Number of Americans Are Tapping 401(k)s for Emergencies — Should You?

The number of hardship withdrawals from 401(k)s is growing. Learn what’s driving the trend, the risks and smarter ...
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15% of Canadians over 65 still working as ‘retirement plans fall apart’

It found that of those who had already retired, only 38% retired gradually, much lower than the 62% of non-retired people who ...

Keeping too much cash in your bank account could be a costly mistake — here’s how to know if you’ve got too much

As with most money matters, cash management is a balancing act. Too much cash will drag your finances down and limit your ...

Rising Expenses Force Older Adults to Rejoin Workforce

More older adults are returning to work because Social Security and savings aren't keeping pace with rising costs for health ...

I retired at 60 and have been living off my Social Security and pension without even touching my $700K nest egg — but do I need a strategy for RMDs?

Beyond planning for potentially needing long-term care, Alice should also consider a plan for RMDs in her retirement. Since ...