The COLA that matters most to retirees isn’t Coca-Cola. It is the Cost-of-Living Adjustment (COLA) that the Social Security system…
Either a solo 401(k) or a SEP IRA can be a compelling retirement-savings vehicle for self-employed people and small business…
Retirement no longer means what it meant to our parents. According to T. Rowe Price, about 20% of retirees are…
Prospects for Americans' retirement have gotten brighter of late. Less than 40% of working-age American households are at risk of…
About 85% of 401(k) retirement plans offer target-date funds, according to the Employee Benefit Research Institute and the United States…
Nearly ten percent of marriages are of individuals who are separated in age by a decade or more. While we…
If you turned 73 in 2024, the time to take required minimum distributions (RMDs) has arrived. Starting in or shortly…
Nearly two of every three Americans are more worried about outliving their retirement savings than they are about dying, according…
If you’re planning for retirement, you’ve probably heard this warning many times—don’t claim your Social Security benefits early. Social Security…
A so-called “Backdoor Roth” is a technique for retirement savers to get the benefits of a Roth IRA even if…
Maximum contributions to a Roth IRA are limited, but change on an annual basis. Your contributions can rise too.
The maximum contribution to a 401K determines how much you can stash away in a year to meet your retirement goals.
When it comes to Roth IRA vs 401K you choose and IRA while your employer chooses a 401K. Both have advantages and disadvantages.
You can take social security benefits early, but this leads to reduced payouts. You can also delay collecting social security for larger benefits.
There is no hard and fast rule to how much money you need to retire. Instead there are rules of thumb based on assumptions about cost of living.
