It could be a costly mistake if you aren't considering health care costs in your retirement plan, financial advisers tell us. According to the latest estimate by Boston-based Fidelity Investments, premiums, deductibles and other out-of-pocket expenses could cost a 65-year-old couple retiring today…
You might think that middle-age Americans closing in on retirement would be more interested in saving money than younger folks. A survey finds that's not the case.
If you've been putting the maximum amount of money into a tax-deferred retirement plan and were hoping to set aside even more next year, you'll be disappointed by the IRS's decision not to increase the limits.
Consider this: An older patient visits the dentist. The treatment she needs is expensive and not covered by Medicare. So the dentist offers her financing, on the spot, through a credit card plan. She accepts and gets the work done right away. When she gets the first month's bill, she's stunned to…
Now that the government requires the fees associated with our 401(k) accounts to be disclosed, we all want to know: Are they on the low side, about what they should be, or too darn high?
Some people might prefer bathing the dog to sitting down and creating a f inancial plan. However, adults who take the time to develop a comprehensive financial plan are more likely to manage their money successfully, and are more confident about reaching their goals, like saving for retirement or…