The story of retirement is changing. The rules are vastly different from the days of our parents and grandparents.
Running out of money in retirement is like taking a two-week vacation and running out of money after the first week.
Making the decision to retire requires an enormous
amount of preparation. How do you know if you're ready?
For culturally inclined retirees eager to keep their mind and body in motion, Philadelphia offers no shortage of activities.
Thanks to a longer life expectancy, the average woman is facing bigger
retirement expenses and she'll have to cover them with a smaller nest egg.
If your goal after a lifetime of hard work is to enjoy a good or even
great retirement, then sound retirement planning is a necessity.
Generation X is hitting middle age. That reality may bite, but the good
news is there is still plenty of time to boost
their retirement security.
Our generation and those following us have no traditional pension. So how do you create your own pension when no one else will?
Today's retirees are probably the last generation that will benefit from reasonable lifelong pensions.
Because of the severe financial penalties, withdrawing money early from retirement accounts is not advised. But there are times when it's okay.