Saving for retirement will get a modest boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act, which became law at the end of 2023.
Economist Alicia Munnell, one of the nation’s leading experts on retirement, has some advice that may seem counterintuitive: The key to a successful retirement, she says, is not to retire.
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Do a casual search of synonyms for “retirement,” and one of the top matches you’ll find is “withdrawal.” On one side of the coin, this may lead many down a rabbit hole of searching ...
Saving for retirement gives you freedom and control over your non-working years. Sufficient retirement savings allow for a particular level of self-sufficiency, letting you live a happy, independent ...
But a temperate climate isn't the only advantage of retirement in Florida. “With no state income tax, including no tax on Social Security or retirement income, Florida is a prime choice,” said ...
Almost everyone has an IRA, 401(k) or similar retirement savings account. The purpose is to have that money available when you stop working. But what if you don’t need it right away? This ...
Why do you think men seem to fare better than women in retirement years and have more confidence in their financial stability? What are the potential implications of this trend? Keri Dogan ...
They can be solid investments for those who are in or close to retirement as well as younger investors who seek a stable return. Bonds are debt securities that are issued by corporations and ...