The more money you're able to save for retirement during your working years, the more comfortable your senior years might be. And it's important to have income to supplement your Social Security ...

Postponing your retirement by a few years can be a surprisingly effective strategy. If you're, say, seven years from retiring ...

When entering retirement, would it be best to transfer your pension fund and 401(k) from your employer account to your own personal individual retirement account (IRA), keeping them under one roof?

While inflation has cooled compared to recent highs, there have been upticks in the inflation rate over the last few months, and, as a result, the cost of living remains elevated. That's making it ...

Research from T. Rowe Price found that individuals with a formal financial plan had two to four times more wealth when ...

The purpose of the 4% rule is to help you avoid depleting your savings in retirement. The rule may not work for you for a number of reasons. The best thing to do is use the 4% rule as a starting point ...

If you have to make required minimum distributions (RMDs), you must do so even if you don't need the cash right away. But that cash doesn't have to sit in your bank account. Just as quickly as you ...

Forbes contributors publish independent expert analyses and insights. Cicely Jones simplifies financial concepts for young professionals. This month, I spoke with a 52-year-old who was fed up with ...

You can stress test your retirement plan, just as your doctor can challenge your heart function or a bank can run scenarios that might cause it to fail. A retirement plan is only as good as its ...

A shaky stock market isn’t fun for any investor, no matter what age they might be. But if you’re nearing or new to retirement, a steep or prolonged market decline can have ramifications that go well ...