Should I take a lump sum of $150,000 or $1,200 monthly payments for my retirement?
When companies a pensionit is common to give retirees two options: receive the pension as a lifetime monthly payment or receive it as a lump sum upon retirement. Monthly payments…
Can I retire at age 62 with $500,000 in a Roth IRA and $2,000 per month between retirement and Social Security?
Whether you have enough to retire ultimately depends on your expenses and your income. If you can live on a tight budget under the right circumstances, $2,000 per month from…
Can you guess what percentage of a wealthy individual's portfolio is typically in retirement accounts?
Can you guess what percentage of a wealthy individual's portfolio is typically in retirement accounts? HNWIs (HNWIs) are those who have at least $1 million in easily convertible assets such…
1 Big Difference Between 401(k)s and IRAs You Need to Know Before Saving More for Retirement
There are several major differences between 401(k)s and IRAs. Some of them are quite well known. A big difference is the investment flexibility. With an employer's 401(k), you are generally…
Money Conversation with Liz Weston: Managing Mortgages in Retirement
Dear Liz: My husband and I are Gen Xers who rent. We have enough money from the sale of our last house to put a small down payment on another…
Here's What the Average Gen Xer Has Saved for Retirement The number might surprise you
Saving for your retirement can be difficult at many stages of life. In your twenties, it can be difficult to find the money for your long-term savings when you're deep…
2 High Dividend Stocks That Can Turn a $10,000 Investment Into an Annual Retirement Income of $7,000 or More
As an investor in my early 40s, many people are surprised to see a relatively high concentration real estate investment funds, or REITs, in my portfolio. After all, many consider…
The 'Father of the 401(k)' Talks the Death of Pensions, the Future of Retirement, and What Bothers Him Most About His Own Creation
Americans have a lot of them tension around retirement. Many people are dipping in their nest eggs Some boomers are trying to make ends meet amid rising inflation are not…
Are you on track to be among the top 1% in retirement savings? Here's how many they have at each age
Are you on track to be among the top 1% in retirement savings? Here's how many they have at each age While many Americans struggle to save for retirement, the…
I earned $310,000 last year and have $546,000 in retirement savings, but my husband doesn't work. How can I save more?
Financial advisor and columnist Michele Cagan I am 48 years old. I made $310,000 last year and currently have $546,000 in my retirement plan at work. My husband is disabled,…
