Here are three tricky decisions that confront people planning for retirement today. It’s impossible to determine the “right” ...

“Watch out when all the baby boomers all retire at once.” This was the prevailing workforce sentiment during most of my time in Michigan state government. The fear: a massive “brain drain” of ...

Millennials now lead all generations, with 61.5% retirement account participation, surpassing Boomers, at 57%. Learn how ...

Morningstar, a financial services firm and a trusted name in retirement planning, offers guidance that differs from the famous 4% withdrawal rule. We took a look at research on that strategy to see ...

Americans are increasingly turning to their 401(k) retirement accounts to manage financial emergencies, with new data showing a record number of hardship withdrawals and cash-outs, particularly among ...

As we begin 2025, it’s an ideal time to revisit your tax and retirement planning strategies. One way to start the year on a positive note is by setting yourself up today to benefit from the tax breaks ...

Question: I'm 58 and unexpectedly inherited $650,000. Does this change my retirement timeline? Answer: You're not alone! In the coming years, $105 trillion in wealth is expected to change hands as ...

Fewer retirees can rely on pensions, so more people have to find retirement income elsewhere and navigate issues like managing taxes while withdrawing from different kinds of accounts, when to take ...

It’s impossible to determine the “right” withdrawal rate at the outset of retirement. A 4% starting withdrawal rate, with annual inflation adjustments to that initial dollar amount, is often cited as ...