Retire

Payroll taxes fund Medicare and Social Security.

The coronavirus pandemic's toll on the economy did not keep Americans from growing their workplace retirement accounts, according to new numbers from Fidelity Investments.

Who would have thought just four months ago that your investments would have turned out quite like this: stocks at or near all-time record highs?

FOX Business reporter Gerri Willis discusses why Americans are retiring earlier and how a coronavirus vaccine will pick up the economy.

Here are three situations in which it may be a good idea to consider waiting as long as you can to begin claiming.

Here is why absolutely every adult should have a will.

The CARES Act allowed individuals to skip taking their required minimum distribution in 2020, but some people may have already received it prior to the onset of the policy. Therefore, the IRS said it will allow people to roll that cash back into certain defined-contribution retirement plans by Aug. 31.

Most workers made no adjustments to their retirement plan contributions.

The virus-induced economic crisis is causing Americans to reconsider and make changes to their retirement plans and goals.

If you plan to rely on Social Security as a primary source of income in retirement, it's important to ensure you're aware of a few of the ways you could potentially lose your benefits.

Social Security's COLA determination affects more than just what its 64 million-plus beneficiaries take home each month. The fact is that a 0% COLA could have high-income earners jumping for joy.

Whether you'd planned on retiring next year, in 2030, or much later, it's wise to revisit your financial plan in these uncertain economic times. Here are four strategies you can implement to improve your retirement outlook during this uncertain time.

Your Social Security benefits may take a hit down the road due to the coronavirus pandemic. Here's why.

Many are considering changing retirement plans due to the pandemic.

Social Security benefits may not be the safest form of retirement income right now. But there's one type of investment in particular that can help ensure your senior years are financially secure.

The mean amount of preretirement income that workers think they'll need to replace is 67 percent, according to a study.

While everyone's withdrawal plan will be slightly different, there are a few rules to keep in mind as you're determining how much you can safely withdraw from your 401(k) during retirement.

Now is the time to mentally kick any unrealistic stereotypes you may have heard about an early retirement to the curb

The unique community offers recreation, shopping, dining and health care, with 50 golf courses, 12 country clubs and three town squares.

Many people's retirement savings took a hit back in March when the stock market tanked, and while it has largely recovered, we don't know what the rest of the year has in store.