Retirement income

A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.

A 67-year-old wife collecting spousal benefits will be better off waiting until 70 before shifting to her own retirement benefit if she remains healthy, according to this Q&A article.

Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.

Asset reserves are projected to become depleted in 2035, a year later than previously estimated.

One state has two of the top three cities in terms of boomer debt.

A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.

Clients are increasingly favoring accounts suited for emergency spending, research shows.

New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.

Grandparents are advised to give cash gifts without putting their future financial security at risk.

New survey reveals low savings rates and poor financial literacy on retirement planning, but advisors can help.

If spending $5 a day on fancy coffee puts your retirement at risk, you’ve got bigger problems.

There are still several moves that clients can make to reduce their 2018 tax bill.

New innovations increase participation by making it easier to save and invest for retirement, an expert says.

As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.

Parents should have a smart plan on how to help their adult children returning to their home without putting their own retirement at risk.

Only about 20% of Americans know the amount of contributions they can make to their 401(k) plan, according to a new study from TD Ameritrade.

Dental expenses can eat away a considerable amount of retirees’ savings, but these costs are important to prevent health complications and other medical expenses.

There are a lot of options — and potential missteps.

The tax law has made deducting philanthropic contributions more difficult, but there are ways to help clients reap benefits from their generosity.