The average payout could drop to $1,580 per month after 2034 -- a 19% drop from the current average retirement payout.

I’m sorry your father died when you were so young. My mother passed away my freshman year of high school, and I had family ...

Saving for retirement can be very difficult for married spouses who stay home to care for family or otherwise have little ...

For retirees, dependable income that doesn’t drain their portfolios sounds like a dream come true, especially during market volatility. But unless clients have a pension, and fewer and fewer do, how ...

Most people start contributing to their retirement savings later in life. That could be a big-time mistake, literally costing ...

One estimate by T. Rowe Price shows that to cover just half of all college expenses in the future, parents would need to ...

Spousal individual retirement accounts allow a working spouse to contribute to a nonworking or low-earning spouse’s retirement savings. They can be set up as a traditional IRA or Roth IRA, which allow ...

To qualify for a spousal IRA, spouses must file taxes jointly as a married couple, and the working spouse must have enough ...

When it comes to planning for a child’s education, most people only think of opening a 529 savings plan after the baby ...

You can have multiple Roth IRAs, but your total contributions must stay within the annual limit, requiring careful tracking ...

The proposed accounts offer babies a government kick-start, but they come with more restrictions than 529 college savings ...

A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.