To determine the best retirement planning apps and tools, we evaluated platforms based on their ability to help users track progress toward retirement, model long-term income strategies, or increase ...

Fact checked by Betsy Petrick Key Takeaways Financial planners typically advise saving enough to replace about 75% of your pre-tax income for retirement.For the median U.S. household income ($83,730), ...

Retirement planning usually starts with a simple idea: save enough money to replace your income. But there’s one big problem. As you grow older, your income likely increases. For some professions, ...

A report by the Retirement Income Institute’s Alliance for Lifetime Income (ALI) has found that Gen X has “a fragile ...

A portfolio of U.S. TIPS can serve as a “more flexible but still relatively safe” alternative to annuities, Merton says. TIPS ...

If you’re approaching retirement or recently retired, you’ll want to make sure you have enough regular retirement income to enjoy your retirement but also make sure you won’t outlive your money. To do ...

We’re all told to save into a pension, but there’s widespread confusion about how to take an income from our savings and ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Betsy began her career in international finance and it has since ...

According to one definition of the word “estimate” from the Merriam-Webster Dictionary, it means “to judge tentatively or approximately the value, worth, or significance of.” Have you attempted to ...

What if all the retirement advice you’ve ever received is wrong? For decades, we’ve been told to treat retirement like a finish line — hitting age 65, 67, or maybe 70 if you’re feeling ambitious. Blow ...

When their working days eventually come to an end, many retirees will think about the best place to spend their golden years. Not all states treat retirement income – such as pension payouts or ...