One of the main reasons your pension could be significantly smaller than you were promised is that many pension plans are underfunded. This means the plan doesn’t have enough money set aside to pay ...

Financial advisor Sarthak Ahuja presented a \"15:15:15\" rule for young Indians to achieve financial freedom by 40. By saving ...

The majority of workers don’t contribute the annual maximum amount to their retirement savings plans, a Vanguard study shows.

Climbing the retirement mountain takes years of saving discipline. But descending safely—turning savings into sustainable ...

A home equity line of credit can serve as a backup if you’ve exhausted your cash reserves. Once you hit age 50, it’s time to ...

When combined with the potential for benefit cuts early next decade, the rising cost of Medicare could become a huge burden ...

Assets distributed directly to you from a qualified retirement plan are considered taxable income and subject to local, state and federal taxes based on your income tax rate. And, if you haven’t yet ...

The investment management firm T. Rowe Price recommends that by the time you’re 35, you should have a nest egg equal to 1 to ...

For many of those baby boomers and Gen Xers nearing retirement, unlocking home equity may be a viable strategy to help make ...

The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for ...