A useful new government website has just gone live, offering easy teaching points for parents who want to help their kids grow up knowing a thing or two about compound interest and 19 other key financial concepts.
One of the biggest flaws in most people’s retirement plan is something that previous generations rarely worried about: monthly income guaranteed for life. But the fix is in, and before long your 401(k) may look a lot more like your dad’s pension.
The decline of traditional pensions and steady erosion of Social Security benefits has begun to leave most retirees without a source of guaranteed lifetime income. Plugging that hole is emerging as the most important retirement issue of our day.
We spend most of our working years accumulating savings for retirement and after that spending them carefully so they last. We need to spend a little more time managing the transition. Here’s how.
Global aging threatens to lay waste to your retirement plan. Here’s why you need to stay healthy and write your congressman.
It’s never too late to start planning your retirement security. Here’s a one-size-fits-all strategy that will help secure an adequate stream of income in your later years.
A new survey from Visa ranks 28 nations by their commitment to financial education. The U.S. finishes fourth. But everyone fails.
Financial advisers have a saying: When the stock market is going up, everyone looks like a genius. These days, folks aren’t feeling so smart—and not just about their investments, but about many aspects of their personal finances.
Retirement readiness is near an all-time low. Just 14% of adults are very confident they will live comfortably after quitting work and 60% have less than $25,000 in savings, according to the Employee Benefits Research Institute’s most recent Retirement Confidence Survey.
Guaranteed income in retirement has emerged as a central issue for baby boomers, and fast becoming the solution of choice is something called longevity insurance. It’s a nifty product—but, as you might suspect, hardly flawless.
If you thought it was hard to grow a nest egg, try living off one in retirement. Here are seven ways to make what you have last the rest of your life.
