With $1.5 million in your portfolio, a 4% withdrawal would deliver $60,000 in annual income. If you add Social Security ...

It’s safe to say that everyone hopes to have a nice savings and retirement account by the time they turn 45. The dream should ...

Older Americans were more likely to be in the seven-figure club. According to an American Society of Pension Professionals ...

Retirement is expensive - and you'll probably need more than $1 million in your 401(k). There's a record number of 401(k) millionaires now, but even that goal of becoming a retirement millionaire - ...

An error has occurred. Please try again. With a The Portland Press Herald subscription, you can gift 5 articles each month. It looks like you do not have any active ...

There’s a record number of 401(k) millionaires now, but even that goal of becoming a retirement millionaire — which may be out of reach for the majority of American workers — is probably still too low ...

What goes up must come down. That's a basic way of expressing gravitational pull, but I'm actually talking about the balances of certain retirement accounts. If you invest in a tax-deferred retirement ...

At the age of 88, Ed Bambas is a cashier at a superstore outside Detroit. Sam Wiedenhoffer is an influencer who helps those in need. Wiedenhoffer found the retired auto worker on the job working the ...

The changes range from an increase in work credit requirements to a relatively modest cost-of-living adjustment.

There’s a reason seniors are told to think carefully before signing up for their Social Security benefits. The age at which you file your claim will have a direct impact on the amount of money Social ...

Age 62 is the soonest you can sign up for Social Security. Filing that early will reduce your monthly benefits. There are different factors to consider when deciding whether 62 is the right time to ...

(NEXSTAR) — The retirement age in the U.S. is about to hit a new high next year as the final stage of a 1983 rule takes effect. More specifically, it is the full retirement age that is changing in ...