Retirement
Latest Retirement News
What Are the Pros and Cons of a Defined Benefit Plan?
Defined benefit plans, often referred to as traditional pensions, offer a reliable stream of income in retirement. These plans can…
5 Investments for Retirees and Examples of Portfolios
Choosing investments for retirement means finding the right balance between safety and growth. You want a mix that can handle…
7 Fixed-Income Investments for Retirees to Consider
As retirement gets closer, many investors focus more on protecting their money than growing it. Fixed-income investments can help by…
How to Live Off of Dividend Income as a Retiree
Many retirees live off dividend income because dividends from strong companies can grow over time. While annuities and bond funds…
Is $2 Million Enough for a Couple to Retire?
Approaching retirement with $2 million in savings puts many couples in a strong financial position. But is $2 million enough…
Do Retirees Need an Umbrella Insurance Policy?
Umbrella insurance serves as supplemental liability coverage that activates when your standard policies reach their limits. Retirees often find this…
7 Things to Know About Social Security Survivor Benefits
Social Security is not just a benefits program for retired workers. It also provides essential support to nearly 5.8 million…
5 Safe Investments for Retirees: Types and Examples
After decades of building wealth, retirees often prioritize preserving capital, generating steady income and reducing exposure to market volatility. So…
What Is the Average 401(k) Balance for Retirees?
For many Americans, the 401(k) is the cornerstone of their retirement savings strategy. Knowing where your 401(k) balance falls compared…
How Much Should I Have in Retirement Savings at 35?
Reaching your mid-thirties is a milestone that can prompt you to reflect on your financial future, especially when it comes…
