Baby Boomers

Retiring before the full retirement age can result in a cut in Social Security benefits by as much as 30%, research shows.

"Inheritors are going to get killed" under the White House’s proposal to put the brakes on tax-free intergenerational transfers of wealth.

The prospect of going back to the daily grind is going to be “a really tough pill for a lot of people to swallow,” an expert suggests.

The administration's plan would eliminate a break that allows heirs to use the market value of assets at the time of a transfer, rather than the actual purchase price.

“In a good economy, older workers can work and claim later; in a bad economy, older workers are pushed out into the arms of Social Security,” an expert says.

These conversations might be uncomfortable, but early intervention and planning can help prevent major financial disasters.

Perceptions on relationships, health, and lifestyle have also changed.

Convenience accounts, power of attorney, trusts: The benefits and drawbacks are legion. Here's a guide.

More than a quarter of women in a recent survey say they are confident they will comfortably retire, while almost a third of men voiced the same confidence.

After developing a plan to cover their bills and emergency expenses, clients in a new marriage are advised to start working on their long-term goals.

Workers from both generations share similarities — and financial pressures — when planning for retirement, writes an expert.

With Portfolio Intelligent Income, the discount brokerage is shifting some of its focus toward clients ready to spend their investments.

In 90% of families, wealth disappears by the end of the third generation.

They “need to be thinking about guaranteed income streams” because there’s “not a lot of time for recovery,” an expert writes.

Younger clients are more savvy consumers who know how to minimize their expenses and are less inclined to spend on material goods, an expert says.

The specter of lost trillions in the coming asset transfer is causing wealth managers adapt their strategies to serve mercurial millennials.

For retirees, dipping into their traditional retirement accounts could trigger an income tax bill while withdrawing from Roth accounts might not result in a tax liability.

The brokerage may pay about $2 billion for the additional advisory clients, according to reports.

Some plan to downsize to an inexpensive town nearby.

As robos take over investment management tasks and younger clients demand more services, advisors need to reimagine what they offer.