An electric car can be a great transportation option for retirees, since many retirees don’t travel long distances often and fuel savings can be helpful to those on fixed incomes. Trending Now ...

That would put benefits at risk for low-income retirees and younger generations, who may rely on that income as they age. "It's designed to help retirees, but the people it's going to hurt are ...

Toyota's Sienna minivan could be the optimal choice for long road trips. I know a few retirees who've upgraded their cars recently, replacing older models that no longer suit their needs with ...

How much to save depends partly on the lifestyle you want in retirement. There are ways to max out your retirement savings. There's no right amount to save, but the experts have some conventional ...

In retirement, net worth shows the total result of a lifetime’s savings, debts and investments. This measure is often more insightful than income, as it reveals your financial stability and ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Amy Bell is an expert on investing and personal finance as well as the founder of WritePunch Inc. Amy has 15+ years of experience as a professional journalist, copywriter, and ghostwriter.

Requires a $3,000 minimum investment. Vanguard’s target-date fund for those already retired is the Vanguard Target Retirement Income Fund (VTINX), which features a bond-heavy strategy designed ...

How much is the state pension in 2024-25? The state pension rules changed radically on 6 April 2016, for men born on or after 6 April 1951 and women born on or after 6 April 1953. There is a 'single ...

Why should I shop around for pension drawdown? Pension income drawdown is becoming one of the most popular ways to generate an income from your retirement savings. In a drawdown plan, you keep your ...

If you're retired and have income less than £218 a week as an individual, or £332 a week as a couple, you may be due £1,000s a year in Pension Credit. Plus, it then entitles you to a whole raft of ...

Explore defined contribution plans such as 401(k)s, individual plans, such as Roth and traditional IRAs, plus plans for self-employed people, such as SEP and SIMPLE IRAs. Many, or all, of the ...