Home costs are the biggest expense for people 50 and older, accounting for 40% to 45% of their household budgets, according to a report.» Read More
When we look at our retirement accounts, we often overlook the taxes we'll have to pay on our 401(k) and IRA withdrawals.
Despite Americans' reputation as reckless spenders, most do the responsible thing and use the windfall to build up savings or to pay down debt.
A new survey on corporate health benefits draws a picture of a world where companies go beyond building gyms and banning smoking, to rewarding employees for lowering their cholesterol and being monitored by a "primary nurse case manager."
The United States ranks 19th worldwide when it comes to retirement savings, trailing Israel, Japan, and even tiny Slovenia.
Here's a contest that's offering a free "test drive" of retirement in a tropical destination for a month. Applicants "must be willing to relax." Think you got what it takes?
New rules have prompted companies to offer funds with lower fees, but half of workers still don't know how much they pay, according to a new study.
Beginning today, the Finance channel will become xfinity.com Money, powered by CNBC, bringing you the latest business news.
Pope Benedict XVI's retirement package – the first the Vatican has offered in almost 600 years – is a sweet deal by the average American senior's standards.
Paying for your child's education is a laudable goal, but may not be realistic for some parents who could wind up jeopardizing their own financial future in order to put their children through college.
Charles Schwab's model in the new low-fee 401(k) environment is to move to index fees, and hope customers will pay to take their advice.
Employees at some of the largest U.S. corporations have as much as 70 percent of their retirement savings invested in company stock, Morningstar's David Blanchett told "Power Lunch."
Singapore may boast of the highest percentage of millionaires in the world, but retiring here is becoming even more difficult for the common man.
Low- and middle-income households of Americans over 50 have an average balance of $8,278, more typical of young parents or college students.
The Federal Reserve says the money market fund industry needs more regulations to keep it from a collapse and a repeat of another run on assets. Money market management firms like Fidelity, are fighting back saying enough is being done to keep investors safe.
Employee 401(k) accounts are jumping to record levels thanks to the surging stock market and increased contributions from workers and their employers.
For the nearly half of Americans expecting a refund on their taxes this year, four ideas for maximizing the money that's coming back.
As traditional pensions disappear, some retirement experts say it's time to reform the 401(k) so it can take over as our primary retirement vehicle.
An attempt by the IRS to get new regulations to stop fraud among tax preparers has hit a roadblock. The issue raises the age-old question of credibility for those who prepare our taxes.
USA Today asked financial advisers: What are the five things people, especially Baby Boomers, can do right now to prepare for retirement? Here's a compilation of their recommendations.
What would it cost for you to feel comfortable walking away from a steady income to live off your bank account and investments? The answer begins with what you spend each year.