It suggests withdrawing 4% of your nest egg in your first year of retirement, adjusting for inflation in subsequent years.

When it comes to setting up a retirement fund, the options can be overwhelming. After all, there are several ways to invest ...

A Melbourne man has been saved from losing $100,000 to a scammer after his banker noticed a few telling “red flags”. NAB ...

The reality is sobering: The average 401 (k) balance of a Gen Xer is about $190,000, while the average balance for Boomers ...

While many retirement accounts offer tax-sheltered ways to save and invest, the IRS mandates accountholders start withdrawing money at a certain point. This takes the form of required minimum ...

A financial coach reveals the most common retirement planning mistake, and how to avoid it before it threatens your financial future.

Retirement planning means ensuring your financial security during your golden years. With the right tools and knowledge, you ...

While most retirement portfolios include allocations to stocks and bonds in the years leading up to retirement, most retirement savers don't hold much more than an emergency cushion in cash.

The Social Security trust fund could face a crucial threshold in 2033 but that doesn't mean the program's funds automatically ...

Yes, it's free money, but there are lots of other tax-advantaged savings plans. Are "Trump Accounts" a worthy investment?

Hardship withdrawals from 401(k) plans surged to 4.8% of participants in 2024, up from 3.6% in 2023, according to Vanguard ...

Millions of Americans are turning 65 this year. If you're retiring soon, don't dismiss the idea of a Roth conversion — it could still be a smart move even now.