New retirement research suggests a drawdown strategy that can get pretty close, but it's not close enough for me The latest report from Morningstar talks about a retirement-income strategy with a 90% ...

Customers Bancorp's Series E preferred shares offer high yield and tax advantages. Learn more about CUBI stock and its ...

10 Tips to Make Your Excel Spreadsheets Look Professional & Functional Your email has been sent Most Excel users would agree the program is a godsend when it comes to creating spreadsheets.

A retiree who is financially prepared for retirement should keep a consistent income in retirement, and her overall consumption should not change. About 25% of retirees fall into the camp of ...

A typical retiree will need about 80% of pre-retirement income. Aim to save 15% of your income for retirement. If you can't afford that much, try to save enough to get your employer's match.

I’m single and will be turning 71 in December. My portfolio consists of $2 million in an IRA, $200,000 in a Roth IRA, and about $600,000 in savings. The majority of these funds are held with a ...

That shouldn’t be surprising. Social Security benefits only replace a portion of Americans’ pre-retirement income. Your savings (and pension if you have one) will have to make up the rest.

The standard retirement age for most central government employees is 60 years. Certain categories, such as high court judges and chiefs of the armed forces, have a retirement age of 62 years.

Having a $100,000 retirement income would give you a good amount of money to spend. You'd need to make sure your retirement investment accounts had around a $2.5 million balance. With such a large ...

However, income is only part of the equation. Wealth – defined as net worth – is a major factor, especially regarding retirement savings. A New York Times analysis suggests that the top 20% of ...

Readers had questions about individual retirement accounts ... money in a 401(k), it goes into your account before you pay income taxes. When you save in a Roth 401(k) or a Roth I.R.A., you ...