Retirement

Americans pay billions of dollars in taxes each year when draining their retirement plans as they change jobs. The "leakage" doesn't bode well for long-term savings, data shows.

More than 41% of U.S. workers drain their retirement savings when they quit or get fired, according to a new study. Why?

Millennial investors across wealth segments are beginning to work with advisors at a much earlier age than prior generations did, a new Ameriprise study shows. Here's why, and what advisors can do about it.

Wealth managers are increasingly pledging to address diversity, equity and inclusion in their businesses.

The old-age insurance program is on course to go bust in the early 2030s, right when the last of the boomer generation will reach retirement age.

Some 70 million Americans born after 1996 stand to inherit huge sums of money in the coming decades. But they think about investments, saving and spending in ways often unfamiliar.

Avoiding common mistakes when filing returns for wealthy clients and exploring Roth IRA conversions are among the key considerations for advisors and accountants this tax season.

From home repairs to transportation, here's what seniors spend more on than they expect.

A financial planner's clients doubt they'll ever retire. How can he get them to save anyway?

The average American will only have 78% of the income they'll need in their golden years, according to a new study from Fidelity.

In a new computer simulation, it's up to you to save America's largest entitlement program — or it's "Game Over."

Financial advisors are flooded with questions from panicked clients. Here's a field guide to answers.

Americans lost 30% more money to scams last year than in 2021. And the biggest losses were from seniors.

After three banks collapsed, a New York teacher wonders if the wreckage could reach her nest egg. Should she be worried?

New provisions increase the ways workers can contribute toward their futures and employers can invest in their workforce's financial wellness.

After the collapse of three banks, many Americans are wondering if their long-term nest eggs are safe. Here's what to tell them.

The 4% rule isn't the only option. Plus, one counterintuitive idea says retirees can live larger this year.

A vast amount of American wealth is never taxed for Social Security. Why not close the gap?

A young lawyer and his wife are planning to have some well-educated kids. How can they get financially ready?