Financial planners recommend saving around 75% of your pre-retirement income for retirement. Using the 4% rule, you can calculate how much you need to save in total.

Bills don't stop once you retire — and you can't expect your Social Security checks to cover them all. Don't risk running out ...

For retirees, dependable income that doesn’t drain their portfolios sounds like a dream come true, especially during market volatility. But unless clients have a pension, and fewer and fewer do, how ...

Christine Benz, Morningstar’s director of personal finance and retirement planning, recommends the hybrid approach. “The idea here is that you’re kind of splitting the difference between the two ...

According to a recent analysis by Bob Carlson published in Forbes, the amount needed for a comfortable retirement can vary ...

Your income affects the amount you need saved, since you'll probably want to maintain a similar lifestyle when you retire as ...

In 2024, 68% of plans offered installments and 43% allowed ad hoc withdrawals - both sharp increases over the last decade.

See how your net worth compares to others your age, why it matters more than income or savings, and how it can help you track ...

Spousal benefit questions are among the most frequently asked and confusing parts of Social Security. Understanding how these ...

How much will you need to retire? It’s one of the most common questions people ask as they start thinking about life after work. Most of us are taught to chase a “magic number.” Maybe it’s $1 million.

As with most sports, archery requires skill, accuracy and preparation. You take into account the external and environmental factors like wind speed, humidity and the distance the arrow needs to travel ...

Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...