Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Most people spend countless hours planning their retirement before the big day finally arrives. After all, it usually takes a lifetime of saving to confidently exit the workforce and enter your golden years. With that in mind, here…
Chance Yeh/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Tony Robbins, the well-known motivational speaker, warns that the most popular approach to Social Security is also the most dangerous. On his blog, he says relying on the program as the foundation of your retirement plan…
Protecting your finances amid economic uncertainty WESH 2’s Meredith McDonough and Jason Guy discuss how President Donald Trump’s newly imposed tariffs may impact the U.S. economy, stock market Updated: 10:44 AM EDT Apr 4, 2025 MONTH, A TIME DEDICATED TO PROMOTING FINANCIAL EDUCATION AND EMPOWERMENT, AND NOW FEELS LIKE A VERY IMPORTANT TIME, MAYBE MORE…
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The 401(k) system, introduced in 1978, is showing its age and grappling with significant challenges. Currently, only about 50% of workers have access to these plans through their employers, and the system wasn’t built to accommodate today’s increasingly…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Legally, it’s never too late to make a Roth conversion. The IRS will let you move qualifying funds at any time as long as you can pay the resulting tax bill. For those in or near retirement, the bigger…
If you’re saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research indicates there may be a significantly more lucrative way to handle your nest egg. An…
Compared to many retirees, you are in an enviable position with $1 million socked away in your IRA at 70. Still, living a secure, comfortable retirement that can last two decades or more takes planning. Making sure your nest egg lasts requires assessing your personal situation, balancing risk, securing reliable income streams and understanding how…
Fact-Checked by: Arturo Conde | Edited by: Mike Obel A single woman works on her retirement plan. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. General financial advice can apply to many people. But as an individual, there are unique financial challenges that will be specific to…