For many older Americans, the transition from saving for retirement to actually spending in retirement can be uncomfortable. After decades of building up your retirement funds, investing wisely and ...

After years of diligently saving, watching markets rise and fall and checking retirement calculators with cautious optimism, many near-retirees now face a real challenge: turning savings into ...

For many retirees, the biggest financial fear isn’t a market crash — it’s running out of money. One way to lock in predictable income for life — and avoid the nightmare of running out of money in ...

Preparing for retirement can be pretty tough in today's economic climate. With higher-than-ideal inflation continuing to impact everything from groceries to healthcare costs, and Social Security ...

If you're nearing retirement and thinking about turning your savings into guaranteed monthly income, a $250,000 annuity might seem like a smart move. An annuity is a financial contract you buy from an ...

The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for retirement, there’s unfortunately no guarantee that your nest egg will last as long ...

Receiving regular pension checks throughout retirement is a dream most Americans have long given up on. There will likely be Social Security checks, but those generally can't fund a very comfortable ...

When you’re looking ahead to retirement, the limitations of Social Security are one of the key things to be aware of. The sad ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

Planning for long-term care is one of the hardest financial puzzles families face. In New York, one woman laid it out in plain terms on an aging-care forum: Can my mother cash out her annuity to pay ...