Retirement readiness

Retirees should delegate the management of their finances to their children before they reach advance years and their health starts to decline.

Lower incomes, longer lives and time out of the workforce means women lag men when it comes to preparing for retirement. Advisors can help.

Many people expect to collect more than they actually will, which can prompt them to retire and file for benefits early and, in turn, reduce their actual payouts.

The products have grown in popularity after undergoing significant changes in recent years.

Instead of amassing $1 million in savings, clients should consider asking themselves if they are prepared financially for several decades of retirement.

Clients who think they have lost their retirement assets are advised to seek help from the Labor Department or nonprofit pension counseling centers funded by the Department of Health and Human Services.

Fraudsters call seniors and get them to provide their Social Security number or pay a "processing fee" for the new Medicare card.

Seniors who are retired or approaching retirement are advised to weigh their options carefully before deciding on how much income to draw from their portfolio

Your client’s long life could be the death of their retirement savings

The Roth IRA has very low contribution limits, while those in high-income groups may not qualify to contribute to the account.

Updated calculators and a leaner interface are intended to raise awareness of “retirement readiness.”

There can be substantial penalties for those who are late to sign up, but when exactly is that deadline?

The retirement problem comes down to the fact that many people don't have access to a 401(k) plan. Here's one solution.

Filing early can be a smart move if seniors intend to continue working even on a part-time basis.

These funds can help clients put saving plans on autopilot, but they can also take on more risk than expected.

Scroll through to learn about five core changes impacting retirees.

Monte Carlo simulations can only do so much.

Traditional wisdom says that bonds and stocks complement each other, but this is not always the case, especially when a reduction in valuations occurs.

82% of beneficiaries who qualified for survivor benefits and their own benefits were not informed that they could opt for a restricted application and boost their benefit.

The paperwork will be designed like the Form 1040EZ, the shortest federal income tax form.