The Wall Street bank’s model assumes a 5% annual gross savings rate, a pre-retirement portfolio of 60% equities and 40% bonds ...

If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

As traditional pension plans have largely disappeared over the years, many Baby Boomers heading into retirement today will by relying on cash balance pension plans instead. Understanding how to make ...

By 55, many Americans have a 401 (k) balance of around $244,000 to $271,000, but averages can be misleading. What truly matters is how prepared you are for your own future. Take this time to check up ...

Question: Phillip in Bridgetown: I’m retiring soon and will have a pension. I can choose the single life option or the joint/survivor option. I’m married, so I’m assuming the joint is the better ...

A friend of the family sought my advice. When starting his first real job, he faced an unusual (although not unique) decision. He could join his company’s pension plan, or he could establish a 401(k) ...

Ellen wrote, "I had planned to take my pension in a lump sum, approximately $450,000 mainly because I feel it can grow much more than receiving it monthly." However, she also acknowledged that with ...

Often, one of a client’s biggest goals is making sure their spouse is protected if they pass away. Choosing the best distribution option for your pension when you retire is an important decision. Many ...

Q: I have a pension plan at my current employer that is worth about $700,000. I plan to work a few more years, but what are my options when I retire? – R.G., Flagler County A: At retirement, you may ...