At age 21, most people are just beginning their careers. They would be wise to think about retirement at the same time. Contributions to 401(k) plans, IRAs and other retirement…
Working Late
For the baby boom generation, 70 is the new 60. That’s not only because baby boomers are living longer than previous generations, but because they’re working longer. During the most…
An Annuity Will Last As Long As You Do
Today’s retirees are living longer, but longer life has a down side. Even those who have saved diligently for retirement may run out of money. An annuity can help, because,…
Unfunded Pension Liabilities Reach $7 Trillion
The mean average amount saved for retirement by all working-age families in the U.S. is just $95,776, according to a new report from the Economic Policy Institute. The median average…