When you’re looking for an investment with explosive growth potential, small-cap stocks are often the best bet. However, they are risky. And risk is the last thing you want in retirement stocks — at least not when retirement is nearing instead of being far, far on the horizon. That said, […]

For some people, finishing work for good is an appealing idea, with the prospect of travel, spending time with family and enjoying hobbies. But retiring during a pandemic is a different matter entirely. Travel isn’t currently an option, and for months Britons have been restricted in what they can do […]

Plus: Ideas for how to get started. Entrepreneur’s New Year’s Guide Let the business resources in our guide inspire you and help you achieve your goals in 2021. January 22, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. If sitting around just isn’t your thing, then […]

AleksandarNakic / Getty Images If you’re struggling to either save for retirement or spend less during those years, you aren’t alone. A GOBankingRates survey found 46% of Americans have $0 in retirement savings and 64% have less than $10,000 saved. This problem will likely become even worse due to the […]

Americans should have access to a free website that tracks all of their retirement benefits, including Social Security, employer-sponsored savings plans, and individual retirement accounts, according to a new paper from the Brookings Institution. In a separate paper, the nonprofit public-policy organization says that “tontines” should be explored as potential […]

By Marcia Mantell, RMA® For some 42 million younger baby boomers (those born between 1955 and 1965), the last 8 months of COVID-19 have been a different kind of unusual. In fact, for those of us closing in on retirement, this unplanned time in quarantine has delivered an unexpected silver […]

Converting to a Roth account is one of the brilliant ways to reduce taxes in retirement. “At age 70 ½ you are required to start withdrawing Required Minimum Distributions from traditional IRAs and for 401(k)s if you’re no longer employed,” said Luis F. Rosa, CFP, EA, founder at Build a Better […]

If you’re like most investors, at least some of your stocks were likely chosen because they were prominently featured in the news. There’s nothing inherently wrong with choosing trendy stocks. But such an approach just might steer you away from better-grounded, less splashy holdings that offer much-needed stability. To this […]

There are unique challenges to qualifying as a retiree. Here’s how to prep for your home purchase. (iStock) There are many reasons you might buy a home in retirement. It may be to downsize to a smaller house, purchase a vacation property, or just move closer to friends and family. […]

A good fishing pole, reel and lures can be expensive, but there are few ways to offset the price. Conroy said he had a client who took a job at Boss Pro Shops even though he didn’t need the money. “He gets to talk to people about fishing all day,” […]

Wake Forest University said president Nathan Hatch will step down after leading the school for 15 years. Hatch plans to retire in June. WINSTON-SALEM, N.C. — Wake Forest University announced Tuesday university president Nathan Hatch will step down in his role at the end of this school year. The university […]

Credit scores: 5 reasons why they still matter even in retirement When you’re starting out, your credit score has a big impact on your financial health. It directly affects your ability to get a credit card or a loan, and it’s the first thing lenders check when you apply for […]

Sylvia Saba outside her condominium in Sarasota, Fla., Sept. 22, 2020. (Eve Edelheit/The New York Times) David Jarmul and his wife, Champa, long envisioned what their retirement would look like. After returning from a two-year Peace Corps stint in Moldova in 2018, the couple, both 67, planned extensive travel, including […]

Although saving for retirement might seem like an impossible task, there are many easy ways to build that fund. You just have to get started or refocus your efforts and keep going. Use these tips to help grow your retirement savings to $1 million and beyond. Find Out: 7 Times It’s […]