Retirement

Retirement – 4% Rule Does Not Always Apply

Most people that are near the age of retirement might have heard the now famous 4% rule. It is a guideline for turning savings from IRAs, 401(k) plans and other financial accounts into income for retirement. It gives a quantified figure of the amount of money that can be taken sustainably from savings annually. However, […]

Retirement Health Care Varies from State to State

While Hawaii is considered a dream destination for retirement and out of reach for most, when it comes to healthcare for retirees things are much cheaper. Hawaii is on average 25% cheaper than the state of Florida, according to an online survey just released by Healthview Services. The healthcare cost information provider found that Florida, […]

Retirement Planning – Three Secret Words

Retirement Life Stages and Your Retirement Plan

Obama Touts State Run Retirement Savings Programs, Why Wait?

Retirement Savings Issues Affecting Every Age Group

Problems with saving for retirement is an equal opportunity issue. People in all age groups are affected by retirement savings issues and the problem is unlikely to get any better in the near future. Anyone not properly handling their personal finances runs the risk of not being able to save enough money before they retire, […]

Retirement Plan Fees Cost Investors $35B Annually

The hidden costs of saving for retirement are more expensive than most people think. According to the National Association of Retirement Plan Participants (NARPP), an estimated $35 billion in fees is being paid annually on the workplace retirement plans held by workers across America. Roughly 42 million people participate in workplace retirement savings plans, but […]

Transamerica, Merrill Lynch Launch New Non-Profit Retirement Plan

Transamerica Retirement Solutions has teamed up with Merrill Lynch to offer a new type of retirement plan for workers at non-profit organizations. The new plan is designed to help more employees retire with the confidence that they have been able to save enough for a comfortable retirement. The new offering is the first time Transamerica […]

Rolling Over Retirement Accounts Without Tax Penalties

During the years you are saving for retirement, cases may arise where you will need to transfer funds from one type of retirement account to another. These transfers are generally described as rollovers and there are rules that must be followed to ensure you are not penalized in the process. To move the funds from […]

New Retirement Income Insurance Plan Launched By MetLife

MetLife (NYSE:MET) has launched a new insurance product designed to ensure that retirees continue receiving a retirement income for the rest of their lives. Named the MetLife Retirement Income Insurance qualifying longevity annuity contract, the insurance policies are currently available for those holding qualified defined contribution retirement plans. MetLife has focused on creating solutions to […]