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More and more retirees are considering moving abroad. Here are five places where the cost of living is low — really low.
Fully 8 out of 10 Americans feel that retirement policy should be a top priority for presidential candidates, according to a recent retirement study conducted by Wells Fargo of more than 2,700 working adults and about 1,000 retirees.
Joining us on the show to discuss about the right mix of stocks and bonds for Baby Boomers is Burns McKinney, Portfolio Manager at Allianz Global Investors.
Fidelity says Baby Boomers are too exposed to equities, but where else do they go to find returns? Bob Pisani has more for us.
Most people who start saving for retirement expect things to go well. However, there are many events that can eat away at your nest egg. Here are some of the biggest pitfalls and how to avoid them.
For some savers, the lure of moving assets to a Roth individual retirement account from a traditional IRA or 401(k) plan often boils down to the tax-free income it will deliver in their golden years.
In 2020, you will be able to save as much as $19,500 in your 401(k), up from $19,000 this year.
If you think the standard recommendation of putting 15% of your paycheck toward retirement is impossible to achieve, get ready for an even bigger hurdle. At least one retirement expert thinks that number should be much higher.
If you’re 70½ or older, or inherited a retirement account, you need to take your required minimum distribution by Dec. 31.
Joining us on the show is our Senior Personal Finance Correspondent, Sharon Epperson, who gives us pointers on what you need to know on how to save some money during this Medicare open enrollment period.
We’re seeing the rules for retirement are different from before as savers now are trying to navigate the new “normal”. Joining us on this discussion is Liz Weston, who’s a Financial Planner for Nerdwallet.
Lured by better weather, lower taxes or an improved quality of life, many older Americans consider relocating in retirement.
The Social Security Administration announced that next year’s cost-of-living adjustment will be 1.6%.