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.
Portfolio Strategy
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.
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.
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.
The Class of 2012 may be surprised to hear that they need to start saving…right now. Here are 6 ways to make saving for retirement both painless and bulletproof.
Like retirees who make the mistake of reaching for yield, pension fund managers have been shifting into hedge funds and private equity — and losing.
With just 14% of workers saying they are confident in their retirement plan, it’s time for most of us to kick saving into high gear. It’s doable if you can get past these 6 myths about saving.
Are the financial advisers we seek honest brokers? Or do they consider us all “muppets”?
Parents overwhelmingly believe they have a better shot at meeting E.T. than their kids have at striking it rich. That’s partly because adults are such horrible role models, according to a new study. Here are five strategies for helping your kids gets get it, financially speaking.
