Retirement & Financial Planning Report

A recent report by the Federal Reserve Board raises several warnings about retirement savings habits, finding that 39 percent of …More

If you have any part-time service in your work history, the more part-time service you have in your career, the …More

Taking an IRA distribution before age 59 1/2 usually results in a 10 percent penalty. That’s in addition to ordinary …More

An Employee Benefits Research Institute study shows how participating in a defined contribution type savings program such as the TSP …More

When you’re looking for an expert to help you with money matters, choosing among prospective advisors can be a challenge. …More

An individual’s expectation of lifespan in retirement is an important factor in important decisions including how long the person keeps …More

You can retire on an immediate, unreduced annuity if you meet the age and service requirements. But if you want …More

To finding the right financial advisor, you must match your goals with the planner. Suppose you are primarily interested in …More

One reason for the frequently reported shortfalls in retirement savings by those approaching retirement is that their spending habits differ …More

If you own investment real estate, you have a triple chance to make a profit: 1. You can collect monthly …More

Older workers looking to prolong their careers and/or improve their remaining working years might consider investing in an “educational upgrade,” …More

The period approaching retirement or in early retirement years is a common time to seriously consider taking out long term …More

As you grow older, you might no longer want to keep paying premiums for life insurance. If so, your options …More

Studies showing high rates of people unprepared financially for retirement largely reflect continued increases in needed savings for retirement due …More

Many relatively young retirees choose to start receiving Social Security benefits—assuming they are eligible for them–at the earliest possible age …More

While medical care costs in retirement often are listed as one of the major threats to a retiree’s financial security, …More

Long-term care policies, available from many insurance companies as well as through the federal FLTCIP program, offer a wide variety …More

Whether to purchase an annuity with a lump sum of money available to a retiree is a difficult decision and …More

If you have young children or grandchildren, you have several options for saving on their behalf. One option is to …More

Even without much help from an employer-sponsored defined benefit plan such as CSRS or FERS, the combination of Social Security …More

You may have decided to relocate in retirement, which might mean crossing state lines or just downsizing your living space. …More

Calls from persons pretending to be IRS agents and demanding immediate payments lead the list of the most common scams …More

Your credit score is used for purposes other than approving loan requests. You score might be used to evaluate how …More

Starting saving for retirement early helps greatly to prepare for a secure retirement but for those who don’t, it is …More

While long-term care (LTC) insurance may be necessary for financial security, the premiums can be steep. One way to hold …More

Defined benefit retirement programs are continuing to erode in the private sector even as they have held up in the …More

While the Federal Employee Health Benefits program and the Federal Employees Dental and Vision Insurance Program are both forms of …More

Many people approaching or in retirement decide to set up businesses on the side, often to take advantage of the …More

Women overall are less confident about their prospects to retire with a comfortable lifestyle than are men, but it is …More

A discontinued service retirement is one in which you are forced to retire, usually in the face of a specific …More