About half of pension plan participants can choose to take their money in a lump sum when they retire. If you have that choice or are offered a buyout, what’s your best option?
Most of us could improve our financial lives and could use a little help. Saving for retirement is no different. Gone are the days of secured retirement as more employers are phasing out of traditional pensions and replacing with the 401(k).1
Saving for retirement would be a lot less complicated if we could rely on a standard rule, like saving 10% of our annual income, but unfortunately, it's not that simple.
Is your retirement forecast rainy or sunny? Do you see a green light on your road to retirement or are you stopped by a red light? Is your projected retirement age older than you’d like?
If there’s one thing we know about baby boomers—the generation born between 1946 and 1964—it’s that they like to change things up. Now that they’re entering their golden years, boomers are skipping the “early bird special” and doing retirement their way. Here are 7 trends to watch.