Annuities tie money into a long-term investment plan that has poor liquidity and does not allow you to take advantage of better investment opportunities if interest rates increase or markets increase. The opportunity cost of putting most retirement nest eggs ...

Question: Can I get my pension if I get fired? Answer: Generally, if you are enrolled in a 401 (k), savings or other type of defined contribution plan (a plan where you have your own savings), your plan may be ...

You save $ 25,000 in your 401 (k) s as a couple. You would save 50% of your income. If your employer is adding $ 5,000 a year to your 401 (k) and you count that you are now saving ...

Traditional retirement activities: hobbies, volunteering, travel, part-time jobs, exercise, friends, free time, family, and more can offer you meaning, purpose, and happiness. Try browsing 120 things to do in retirement and identify activities that will provide the triplet of happiness, ...

Total Retirement Age for Survivors Born in 1961: 66 and 10 Months. What is my retirement age if I was born in 1961? Currently, the total benefit age is 66 years and 2 months for people born in 1955, and ...

You can start collecting Social Security retirement benefits from the age of 62, but your monthly check will be less than if you expected your full retirement age. 1 You get the biggest benefit if you wait until the age ...

To generate $ 2000 a month in dividends you should invest between $ 685,714 and $ 960,000, with an average portfolio of $ 800,000. The exact amount of money you need to invest to generate $ 2000 dividend income per ...

If you apply for Social Security at the age of 62, as opposed to waiting until your retirement age (FRA), you can expect a 30% reduction in monthly benefits. Every year you delay claiming Social Security more than your FRA ...

The 2017 Transamerica retirement study found that 97 percent of retirees with strong intent were generally happy, compared to 76 percent without that sense. These retirees spent more time with family, traveling, volunteering and looking for hobbies. Are retirees happy? ...