401(k)s have a 'portability failure,' and that's a problem for employees

401(k)s have a ‘portability failure,’ and that’s a problem for employees

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…

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I'm 70 and Have $1 Million in an IRA

I’m 70 and Have $1 Million in an IRA

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…

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A single woman works on her retirement plan.

Strategies to Secure Your Future

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…

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