Retirement income

Millennials are already behind in savings compared to where their parents stood at similar ages.

Many of the bill’s provisions are taken from the Retirement Enhancement and Savings Act, which enjoyed some bipartisan support.

Here’s how to prepare your clients, and your own practice, if dark days come and stay.

This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.

"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.

Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.

Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.

Scammers can learn quite a bit of information from social media so don’t think that just because they know a couple pieces of information about you and your family that they are legit.

"Retiring just before a stock market peak could be ruinous to your financial health but it doesn’t have to be,” says an expert.

Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.

The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.

The years between 60 and 70 present a great opportunity for seniors to make financial moves to protect their retirement savings.

The anxiety is real — and so are the expenses — but the situation might not be as bad as some imagine.

Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.

A typical Social Security payment is likely to cover basic costs in these areas.

When leaving heirlooms and other illiquid assets to loved ones, seniors should allow the heirs to inherit the items instead of liquidating them

A small proportion of parents are investing in the program for their children, however new analysis suggests that may be changing.

Workers looking to retire comfortably are more in need of professional guidance than they realize — and there are a lot of them.

Market valuations may not be a reliable tool to use to make investing decisions so it can be prudent for savers to assume low investment returns, says an expert.

Conventional wisdom says to wait as long as possible to claim retirement benefits, but there are exceptions to the rule.