Calculating annual required minimum distributions (RMDs) can be complex and mistakes can be exceedingly costly, so it’s important to consider an optimal withdrawal strategy.
As you transition to retirement, five additional risks emerge (in addition to market risk). Each of these, if not adequately planned for and managed, could result in outliving your savings.
Faced with the potential to live 30+ years in retirement, the traditional approach to retirement income may no longer make sense.
The financial obligations associated with caring for an aging parent can often coincide with other priorities. Of course you want to help out when possible; just don’t jeopardize your own future.
Smart planning is essential for LGBT seniors to ensure they’re happy, healthy and financially prepared to enjoy the years to come.
Research shows that LGBT seniors are twice as likely to be single, twice as likely to live alone and three to four times less likely to have children than their heterosexual peers.
If your retirement date is fast approaching, now is the time to make sure you’re saving enough. Find out if you are on track, and what you can do if not.
The financial decision-maker in a typical household may think through one or two individual savings goals for the future, but lack a comprehensive plan to pull all needs together.
Whether you are approaching retirement or have just started thinking about it, knowing how much money you'll need to live comfortably is a big step toward developing a solid retirement plan.
Now that you’re nearing retirement, keep up your momentum and reduce your investment risk with these strategies.
What to do if you find yourself out of a job in the decade before retirement.
Key decisions can help you plan ahead to make your retirement work. Use this worksheet to evaluate your goals 10 years, 5 years and 1 year ahead of retirement.
These days, working past your retirement age isn’t out of the ordinary or without its benefits. Check out these three reasons you might consider delaying retirement.
Concerned about market instability and low interest rates? Take these 6 steps to help secure your financial future
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