Sometimes it can be hard to determine whether or not you need an annuity to supplement your other monthly checks during retirement. CNBC’s Sharon Epperson breaks down the pros and cons to getting one if you’re worried about outliving your money.
People who enroll in workplace 401(k) plans and put money in them probably misunderstand key aspects of such savings vehicles, say advisors.
Financial advisor Sophia Bera says there are 3 mistakes Gen Y clients must avoid in order to ensure a secure financial future.
A 2013 defined contribution/401 fee study by Deloitte on behalf of the Investment Company Institute found that all-in fees at small companies are nearly four times higher than those for larger plans. Companies with $1 million to less than $10 million in plan assets pay a median 1.27 percent compared to 0.37 percent for those with $500 million or more.
Credit card debt can be a huge concern for seniors and one of the biggest challenges for retirees is that they have too much debt. CNBC’s Sharon Epperson provides tips on how to handle credit card debt in your golden years.
CNBC's Sharon Epperson shares her top three spots to retire abroad that might not be on your radar. Hidden gems that are great options for Americans looking to retire overseas.
Three fast and easy ways retirees can downsize and save money.
Charles Field, Sanford Heisler LLP Partner, discusses the lawsuit against Morgan Stanley over 401(k) mismanagement.
A participant in Morgan Stanley's retirement-savings plan sued Friday, alleging its investment options are poor, including some funds the bank runs.
Want some extra income in retirement? A reverse mortgage is one way to achieve that goal, but using one can open your estate up to serious risk. Sharon Epperson explains how to decide if this type of loan is right for you.
Joe Ready, EVP & Director of Wells Fargo Institutional Retirement and Trust, discusses his survey on the cost of retirement for millennials and what the generation is doing right now to get there.
Strapped with student debt and stagnant wages, millennials might not think it's possible to save for retirement. But a new survey from Wells Fargo says that even those on the lower end of the pay scale can enter retirement with a $1 million-dollar nest egg.
Some affluent retirees don't need their required 401(k) and IRA withdrawals. Here's what to do with the cash.
CNBC’s Sharon Epperson reports on a new option many companies are offering for your retirement savings - a Roth 401(k).
Roth 401(k) plans have been around for a decade, but many employers only recently are starting to offer them to eligible workers.
Are you missing out on a great retirement savings tool? Many employers are beginning to offer something called a Roth 401(k), which takes many of the benefits of a traditional 401(k) and a Roth IRA and rolls them into one. Sharon Epperson walks you through the ins and outs of using one of these savings accounts to help you reach your retirement goals.
How retiree investors are protecting themselves right now, with Larry Glazer, Mayflower Advisors co-founder, and John Sweeney, Fidelity Investments EVP.
Former Sen. Kent Conrad,(D-N.D.), and James Lockhart, WL Ross & Co., vice chair, discuss a bipartisan proposal that would help boost retirement savings, including social security reform, easier plan implementation for employers, and increased financial education.
If you are divorced, your ex-spouse can receive benefits based on your record (even if you have remarried). CNBC's Sharon Epperson has more on what you need to know about Social Security and divorce.
The markets are rebounding following the Brexit vote. What you should do next, with Lynnette Khalfani-Cox, "Ask the Money Coach" blog.