Retire

Those who expect Social Security to be their primary income source risk falling dangerously short. As the program faces its share of financial woes, those who expect to depend heavily on it may be in for a late-in-life shock.

Despite the high unemployment rate and waived penalties for retirement plan withdrawals under the CARES Act, most people are not tapping their retirement savings.

The median savings balance among baby boomers is a mere $144,000. If you're a near-retiree who's sitting on something in that ballpark of savings, you may need to take some critical steps to compensate.

Delaying makes sense in some situations, but it's not right for everyone.

While there are many factors affecting retirement readiness, one of the big problems is that far too many people haven't put a solid plan in place.

Individuals face perhaps one of the most difficult investing decisions in their lifetimes: whether to wait out a potentially long rebound or exit the market altogether.

If your retirement took a hit, try not to panic and continue to save.

There's a case to be made for investing outside your 401(k) once you've maxed out your company match. And that case is built on boosting your financial flexibility, both before and during your retirement years.

An estimated 70% of adults aged 65 and older will encounter the long-term care expense at some point in their lifetime- an expense that tends to take seniors off-guard.

You may not want to bank too heavily on plans to claim Social Security at 70 for one big reason: You may not get that option.

If your company has temporarily done away with 401(k) matching, here is what you can do to prevent the loss from completely derailing your plans for your future.

Social Security Income (SSI) is another Social Security program that low-income retirees could qualify for to provide some extra money if you find yourself relying on Social Security benefits alone.

While early filing penalties can be painful, they're sometimes worth incurring if you need to retire at 62.

Not all age groups have seen the same hit to their IRAs and 401(k)s.

Some retirees will pay federal taxes regardless.

Whether you have decades to save or retirement is just around the corner, the coronavirus crisis could affect your senior years in these three ways.

If you're concerned that Social Security benefits may soon be a thing of the past, it can be tempting to start claiming them as soon as possible to get them before they're gone.

To save enough for your future, you need to start investing as soon as possible.

Private equity investments can generate massive returns but also great losses.

Whether your retirement investments have taken a nosedive due to the coronavirus pandemic or you've been falling behind on your savings for years, working longer has major advantages, but there's also a significant risk: you may not actually be able to work longer.