Advisors may be giving retirees and near retirees bad advice without realizing it—in fact, Bill Meyer is certain of it, so he’s introducing a digital tool to help advisors plan their clients' drawdown ...

Tens of thousands of savers may have their money invested in expensive and inappropriate retirement products, says the Financial Conduct Authority (FCA). Those who have opted to use income-drawdown ...

In addition, the report discusses possible refinements to the baseline strategy, introduced last year, to address specific goals and circumstances, such as uneven expense and income flows, or ...

Although Edward Jones recommends that retirees start with a plan to withdraw 4% of their retirement savings each year, Americans have a widely varying idea of how much they will need, the investment ...

Retirement decisions are a very individualized subject, and each prospective retiree’s finances, employment status, health and family situation will all have a bearing on what steps to take.

For much of their adult lives, Americans have worked, planned and worried about saving enough money for retirement. They’ve diverted income to 401(k) accounts, consulted financial planners and learned ...

Almost half of all financial assets held by households age 65 and older can now be considered in retirement income “drawdown” mode, according to a new research report. A news release said that the ...

Managing your money in retirement comes with significant challenges, including the risk of overspending and running out of funds in old age. Cost-of-living pressures have only made things more ...