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Retirement
How well you understand the ins and outs of Social Security entitlements could make a big difference in how much you receive over your lifetime.
Social Security is expected to be a major source of retirement income for baby boomers. However, there are a lot of misconceptions about how Social Security works and when you should take it. Sharon Epperson dispels some of the common myths that are out there.
More than $1 trillion has poured into target-date funds, and many investors are opting for them in their 401(k) plans. Experts warn that this hands-off approach can backfire by failing to account for factors like income changes and life expectancy.
A new ranking of the best states to retire puts South Dakota in first place.
When it comes to working longer or saving more, a recent report found that delaying retirement for just three to six months has the same impact as saving 1 percent more of your salary over 30 years.
Delaying retirement for just three to six months has the same impact as saving 1 percent more of your salary over 30 years.
A new ranking of the best and worst places to retire considers practical factors, like medical costs and assisted living options.
The number of Fidelity 401(k) accounts with a balance of $1 million or more is on the rise. But as Sharon Epperson tells us, having all that money stashed away doesn’t necessarily mean you’ll become a millionaire in retirement.
Retirees are wealthier than ever, but saving $1 million requires adopting a long-term approach, Fidelity’s Jeanne Thompson says.
How much will you need to cover health care costs in retirement? The average number is $280,000. Sharon Epperson breaks down the numbers and provides tips on how to plan for it.
The results of a retirement confidence survey found that 26% of U.S. workers have less than $1,000 put away. And as Sharon Epperson tell us, that wasn’t the other troubling finding.
Oregon has become the first state to roll out a state-run retirement savings plan that’s expected to give 1 million private-sector workers a chance at saving for the future.
With the stock market at new highs, you may be getting close to your retirement savings goal. Sharon Epperson has some tips on the next moves you should make.
This change is the biggest update to the military’s pension and benefits since World War II.
The majority of Americans have less than $1,000 in savings, while others have nothing put away. Sharon Epperson takes a deeper look at the nation’s savings problem.
