As the average life span keeps increasing, so too does the possible length of the retirement phase of your life. Overall, this is pretty good news, but it does make saving for your golden years all the more important.
If you're like many Americans, you probably haven't saved enough in your 401(k) for your retirement. But don't freak out -- just yet. You still have time to maximize your savings for your golden years.
Losing a parent is a harrowing experience, but being financially lost when it happens only makes matters worse. Find out how to navigate the waters of loss without finding yourself on a sinking fiscal ship.
When you're self-employed, retirement planning can be a bit more complicated, since you're not hooked up with a big 401(k) plan from an employer. Once you pick a retirement plan, make sure you're aware of how it will affect your taxes.
One advantage of working for "The Man" is paying into a 401(k) and getting a match for your contribution from your employer. But if you work for yourself, you can take advantage of other perks in retirement accounts especially aimed at you.
Every American worker and employer contributes to a common retirement fund known as Social Security. When it comes time for you to collect benefits, you'll need a few important pieces of information before you apply. What are they?
You've worked hard to put a substantial amount of money into your retirement nest egg. Don't shortchange yourself by erroneously borrowing from or cashing out your fund early. Here's how to get every last dime out of your 401(k).
Roth IRAs are a smart way to save for retirement because you can avoid most of the tax penalties associated with other retirement plans -- as long as you follow the rules. What are the Roth IRA withdrawal rules, and how could they affect your retirement?
You're finally out of the workforce, ready to put your feet up and rest. Be careful, though: Nothing will ruin your retirement faster than running out of money midstream. Luckily, this is an easily avoidable fate -- but how can you make your savings last?
It's a rare accountant who thinks dipping into an IRA is a good idea, because tapping into that fund can be expensive. However, some people do cash out their IRAs early. What are the main reasons for doing this?
Retirement is here! Now that you're living off of investments, savings and Social Security, it's more important than ever to watch your money carefully. What can you do to keep from going broke in retirement?
These days, it can be hard enough to pay bills, much less save enough for a down payment on a house. If you want to buy a home sooner rather than later, can you cash out your IRA to help cover the costs?
For many people, retirement is the art of balancing less money with more free time, and many businesses know that money is tight in retirees' pockets. What are some breaks you can look forward to in retirement?
Saving for retirement is one of those "shoulds" that you'd like to put off until sometime in the undefined future. But the longer you wait to start saving, the harder it is. So how do you know if you're saving enough for retirement?