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An expert warns that "the buy, hold and forget" strategy would only work in bull market conditions.
June 8 -
Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.
June 7 -
Seniors who have remarried may still qualify for a Social Security divorced spousal benefit on their ex-spouse's record.
June 6 -
Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.
June 5 -
Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.
June 2 -
Emotion-driven decisions may result in portfolios that retirees find palatable, but they are also likely to result in lower returns.
June 1 -
Tapping a 401(k) isn’t good idea, so it would need to be the lesser of two or more evils. And they “would have to be pretty evil evils," says an expert.
May 31 -
Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn overcame some common pitfalls.
May 30 -
Retirement investors are better off owning an all-value equity portfolio than a combination of growth and value stocks, data shows.
May 26 -
These banks provide senior-friendly accounts to older customers and offer them rewards such as no-fee checking accounts that earn interest.
May 25