Generally to make IRA contributions, you need working income from which you contribute. However, there is a retirement option for a nonworking spouse. … [Read more...]

"My wife and I are 60 and 62. We're self-employed, renting the house we raised our kids in and have no retirement plan beyond an IRA and a little … [Read more...]

Could underestimating your longevity mean you'll run out of retirement money? At age 65, the average life expectancy is 81.8 years for a man and 84.8 … [Read more...]

Many retirees face the 'Lump Sum' dilemma when retiring from their company: 'Should I take a lump sum which I will manage for all or part of my … [Read more...]

As retirement day approaches, your company's human resources department may prompt you about what to do with your retirement money. People will … [Read more...]