Last year 401k made gains of 12%; but this year the savers feel that they will not be making profits. A recent study shows that the average 401k account balances hit a new high. But this does not make…

A new study by Sun Life Financial reveals that workers, who retire, are often unaware of how to plan for future health care costs. The Company finds 92% of employees having insufficient knowledge on h…

A survey by Sun Life Financial, found that 92% of workers didn't know how much their health care will cost in retirement or vastly underestimate the amount.

According to a Fidelity Investment s…

Turns out, Americans are highly concerned about their money skills and retirement plans, but not doing enough about it. The effect of recession, the housing market decline and other issues have profou…

A recent study by the Investment Company Institute has found that individuals are more likely to save enough for their retirement through the 401k plan rather than the traditional route of superannuat…

More people are being forced by economic hardship to withdraw from their 401(k) retirement saving plans. During the second quarter, 2.2% of all 401(k) participants made hardship withdrawals during the…

Many seniors and those who are about to retire are seriously concerned with trying to make sure they do lose money from their retirement savings.

Here are a few tips most seniors can take to protec…

When it comes time to put your money into savings plans for retirement, you do not want all of your eggs in one basket. As many people discovered recently, it is easier to lose all your money when it …

Saving money for retirement and exactly how you are going to do it is something that really needs to thought out carefully. Mistakes in where you put the money can result in your losing out on many th…

Every senior will eventually need to decide when they want to retire and start receiving social security benefits. These benefits are entitled to anyone that has worked enough years paying into the so…