Retirement scan

An expert warns that "the buy, hold and forget" strategy would only work in bull market conditions.

Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.

Seniors who have remarried may still qualify for a Social Security divorced spousal benefit on their ex-spouse's record.

Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

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.

Emotion-driven decisions may result in portfolios that retirees find palatable, but they are also likely to result in lower returns.

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.

Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn overcame some common pitfalls.

Retirement investors are better off owning an all-value equity portfolio than a combination of growth and value stocks, data shows.

These banks provide senior-friendly accounts to older customers and offer them rewards such as no-fee checking accounts that earn interest.

Seniors are advised to sign up for Medicare when they are about to reach the age of 65, or they face a hefty penalty for the rest of their golden years.

President Trump's budget is expected to call for spending cuts on programs intended to help poor households, while keeping Medicare and other programs designed to assist older people.

More people are taking part-time jobs providing housekeeping and other services to seniors who are living independently.

Millennials change jobs more than older generations, but thinking about the future is not a huge priority.

Continuously increasing the FRA is particularly hard on lower-income workers because they tend to retire early.

Wealthy retirees live longer and collect more Social Security compared to those in lower income groups, making the program less progressive, a study found.

Investors are more likely to invest less aggressively over the years even if the decision does not make sense, according to a new study.

Most Americans are saving too conservatively to generate the income they'll need in retirement even after accounting for Social Security.

Retirees who opt to defer their Social Security and pension benefits and have no taxable income may want to sell securities outside their retirement accounts.

Clients may want to create an account on Social Security's official website to get a good estimate of their retirement benefits.