At 55, retirement annuities could be an option, but timing, cost and flexibility matter more than you might think.

If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

For baby boomers moving into retirement at age 55 and beyond, the cost is more than just a monetary amount; it also represents changing healthcare requirements, lifestyle demands, and social changes.

Editor’s note: "The Rule of 55" is part eight of an ongoing series focused on how to retire early and the FIRE (Financial Independence, Retire Early) movement. Part One is How to Retire Early in Six ...

As retirement approaches, many people are faced with a key question: which retirement plan should they choose to ensure a stable, worry-free financial future? There are two main options: pension plans ...

Though we often hear that traditional pensions are all but extinct, there are still employers, big and small, who include them as part of their employee benefits packages. Should I Accept a Lump-Sum ...

A warning regarding state pensions has been issued to individuals aged between 55 and 64. A recent survey conducted by later-life financial specialists, Just Group, involved 1,050 retired and ...