retirement

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. According to a Bureau of Labor Statistics report in 2016, the last year in which the agency collected data, there are over 15 million self...

We all know how unprepared Americans are as a whole are for retirement. Just google “retirement crisis.” The statistics are ugly. There are too many reasons to list as reasons why many Americans do not have enough money saved for retirement. Stagnant wages coupled with rising life...

With the U.S. economy booming and unemployment rates at their lowest level in decades, American disposable income has reached an all-time high of $16.45 trillion. Younger earners who have never started investing before, Americans who have maxed out their 401(k) contributions or even retirees...

More than 41 million U.S. households have at least one family member with a 401(k) plan. As of early 2018, the average balance of a 401(k) account was $102,900, and the total amount of 401(k) assets was more than $5.3 trillion. Retirement investment accounts are a great way to plan for the future,...

This weekend's Barron's cover story offers advice for choosing a retirement home. Baby boomers have changed the game, forcing the senior housing industry to keep up. A companion article provides suggestions for investors looking to play this changing market. This weekend's Barron'...

Wells Fargo & Co (NYSE: WFC) said Tuesday that it reached an agreement to sell its Institutional Retirement & Trust business to Principal Financial Group Inc (NASDAQ: PFG). What Happened Wells Fargo is divesting its IRT business — which includes its retirement plan...

We all hear a lot about the importance of saving for retirement. And for many workers, access to a 401(k) plan is a key component in long-term planning. But there are some workplaces that don’t offer a 401(k). Instead, they may offer 403(b) plans. If you work for a nonprofit organization, a...

Was one of your New Year’s resolutions to improve your financial planning? We’re still in the front end of 2019, so to help you remain on track, consider using a tax return estimator to make sure you’re on good terms with Uncle Sam. What Is an Income Tax Estimator? An income tax...

If you’re getting ready to retire, you may be expecting your tax bill will be lower with lower income compared to your working years. However, each retirement scenario is unique, and each has different tax consequences. As you approach retirement, you can take several steps to keep your taxes...

One of the things you have to consider when changing jobs or nearing retirement is what to do with your old workplace savings plan.  The more frequently you’ve changed jobs, the greater the chance that you may still have an old 401(k) with a former employer, maybe even one you forgot...

In recent months, there’s been a lot of press around the concept of FIRE, which stands for “financial independence, retire early.” At first glance, you might assume the movement is all about pinching your pennies for several years, working overtime, and then scrimping after you...

Retirement planning can seem like a daunting task, but there are measures you can take along the way to help you get on the right path. Below you’ll find four steps that can help as you assess your retirement plan.   1. Consider Your Income Streams Two types of income streams to consider...

Some people spend decades focusing on retirement planning, only to get derailed by unexpected events such as a job loss, market downturn, medical scare, death of a spouse who’s been the primary provider, or other untimely circumstances. Preparing for unexpected events with an emergency fund,...

For many Americans, the single biggest financial goal of their lifetime is saving enough money for retirement. Unfortunately, there's no universal answer to the question of how much money is enough — but there are plenty of online resources available to help retirement savers estimate how...

Ball State University librarian Scott McFadden earned the respect of investors everywhere by sweeping a category in individual retirement accounts, or IRAs, during his first appearance on a recent episode of “Jeopardy.” McFadden went on to win the contest thanks to his knowledge about...