Annuities can offer fixed income for those in retirement, but as with all investments, you should weigh the pros and cons before deciding to purchase an annuity. Here are the benefits and drawbacks of this income-generating tool.
If you don't have access to a 401k or 403b employer-sponsored contribution plan, here are your options for retirement savings accounts.
Working full-time and then abruptly stopping work at age 65 is no longer the only possibility for retirement. “Downshifting” allows for a more gradual process, benefiting employers and employees.
Target-date funds offer a simplified approach to building a portfolio that aligns with your retirement goals. But, before you invest, let’s explore what they are, how they work, and how to decide if a target-date fund is the right choice for you.
Let's take a look at the advantages and disadvantages to following the 4% Rule as a retirement income strategy.