Margarida Correia

An average 50-year-old woman in New York should begin socking away 49% of her income to her retirement account to live comfortably in her golden years, according to UBS study.

If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.

Retirees can change their Part D prescription-drug plans, Advantage plans, and/or switch from traditional Medicare to Medicare Advantage during open enrollment, which ends December 7.

About 28% of seniors polled by Nationwide claimed that their lives worsened after they retired.

The bank is testing several trading and investing platforms and will be talking about "what might or might not work," CEO Jamie Dimon said during its third-quarter earnings call.

The annual cost-of-living adjustment could increase by as much as 2% due to inflation spurred by recent hurricanes.

The regulator claimed he sold $2.63 million in equity-indexed annuities without disclosing the business to his employer, U.S. Bancorp Investments.

Social Security, pension type, and education are factors that have contributed to the rise in the retirement age since the mid-1980s.

The new platform offers the convenience of a brokerage account without incurring any of the fees that go with it, the companies say.

A new breed of combination life insurance and long-term care products is making it easier for middle-income Americans to secure coverage.