Did you know there's an actual equation to figure out this crucial piece of the retirement puzzle? Find out how to do the math yourself to get a general idea of what to shoot for.
Most financial planners advise never tapping retirement savings to pay for your kid's education. Even as college costs climb, there are still options to borrow that cash, whereas it's often noted that you can't borrow for retirement.
Moves you make between now and the end of the year can have a significant effect on how much tax you have to pay next April, particularly when it comes to investments you might hold outside a retirement account. But time is running short. Review our list and get cracking. SEE ALSO: Tax Map 2018: All
For older investors considering which allocations to overweight and underweight in their retirement accounts, the advice most frequently given by financial advisers for years has been to favor the bonds. Recent research suggests that the best type of investment to overweight in a tax-advantaged retirement
Wall Street has been pretty crazy lately, and if you're worried about it, here are five things you can do to help make sure you'll be OK.
Social Security, one of America's most popular public programs, will deliver a welcome change in 2019 to the nearly 48 million older adults collecting retirement benefits. The average monthly pay...
Scams can hit anyone at any age, but falling victim to fraud is especially painful for retirees, many of whom are counting on the fixed income from their nest eggs and Social Security benefits to last through retirement. According to Federal Trade Commission data, 1.1 million frauds were reported in
Of all the spooky things haunting retirees, running out of money seems to top the list. This fear of overspending might be one of the primary drivers of a growing, but lesser-known trend in which people are actually living too frugally in retirement. Many people might be cautious with spending in order
Millennials are in a bind, squeezed by changing workplace opportunities and massive student debts. To get on the right path to build their wealth, they should follow these four steps.
“The key to success in any investment is periodic investments over a long time.'
It may seem hopeless to try to predict how much money you'll need in retirement when nobody can forecast the future and you don't know how long you're going to live. How much income you will receive from your investments depends in part on how the U.S. economy fares over the next decade
You may have heard about this strategy or thought about giving it a try but aren't sure if it's right for you. To find out, here are the basics of how it works and who is best suited to this tax-planning possibility.
If you're at or near retirement, the time has come to think about your investment portfolio differently. This demands a lower-risk approach to investing, and one that focuses on income from regular interest payments from bonds or dividend stocks. Such approaches will allow you to keep more of what
As you transition from a career to full-time retirement, your investments should shift away from volatile growth toward more stable returns. Here are seven ideas for transitioning to more stable returns and reducing investment risk in retirement.
About 70% of people who reach age 65 could potentially need long-term care at some point in their lives, and it can easily cost $100,000 a year. You need a plan in place, just in case. Here are seven ways to pay for it.
The coming tax-filing season will be full of twists and turns. New tax forms should be in place. Old, familiar tax breaks are gone, replaced by new breaks and new tax-saving opportunities. And the new, lower tax rates are in full effect. If the 2019 filing season were a reality show, no doubt it would
A growing number of U.S. seniors are choosing Medicare Advantage, the popular private insurance alternative to traditional coverage. The report found “widespread and persistent problems related to denials of care and payment in Medicare Advantage” plans, which usually are managed-care HMO or PPO