Retirement planning is a big deal for many Americans. Two key players in this game are Social Security and 401(k) plans. Let's break down what you need to know about these sources of income. Social Security is a safety net for retirees, the disabled, and families of eligible workers. It's designed
Retirement planning in America has long been a puzzle, with many people struggling to figure out what to do with their savings once they stop working. The system, as it stands, doesn't provide clear answers. But there's a glimmer of hope on the horizon. Vanguard, a giant in the mutual fund world, ha
Retirement isn't just about financial planning; it's also about ensuring you stay healthy and active. Many retirees find that good health is crucial for enjoying their golden years. In fact, a recent study found that a whopping 71% of people are worried about how medical costs might affect their ret
Retirement isn't sitting well with Lee Corso. At 90, he's finding it tough to adjust to life without the weekly thrill of college football and ESPN's "College GameDay. " He misses the action, the travel, and even the oversized mascot heads he wore for predictions. It's clear that Corso's heart still
Retirement isn't just about saving money; it's about enjoying it too. But many retirees find it hard to spend their savings, even after years of careful planning. This fear of spending is a big mistake, according to financial expert Ramit Sethi. Sethi believes that people should focus on spending t
Retirement can be a time to relax, but for some, it's also a chance to start something new. One person is thinking about investing a big chunk of their savings into a winery. Is this a smart move or a risky gamble? Wine making is a tough business. Not many wineries are doing really well right now.
Retirement isn't just about relaxing; it's about exploring new passions and staying active. Many retirees seek places where they can enjoy nature, engage in sports, and live comfortably without breaking the bank. Here are some towns that offer just that. In Kentucky, Lexington stands out with its e
Retirement planning is not just a future concern; it's something that needs attention now. Many people are not putting away enough money to maintain their current lifestyle once they stop working. The numbers are clear: less than half of Americans are on the right path to a secure retirement. Looki
Retirement planning can be confusing, especially when it comes to 401(k) plans. Many workers start their careers without fully understanding how these plans work or how to make the most of them. Financial expert Dave Ramsey often addresses these concerns, helping people navigate their retirement sav
Retirement homes play a big role in supporting older adults as they age. But not everyone can access them. People with lower incomes or those from minority groups often face barriers. This is especially true in places where these homes cost a lot out of pocket. Also, there aren't enough options that
