nest egg

How to Take Charge of Your 401(k)

As your 401(k) grows, you should consider actively managing it instead of continuing to let the account be directed by the choices you initially made when it was set up.

One Year From Retirement? Prepare to Make the Break

With one year left until retirement, you're in the final stretch. It's time to prepare for the transition, so give your budget a stress test, reallocate your assets and income sources, and take action on health insurance. Here are six helpful guidelines:

Retirement Worries Grow; 30-Somethings Most Uneasy

Younger Americans in their late 30s are now the group most likely to doubt they will be financially secure after retirement, a major shift from three years ago when baby boomers nearing retirement age expressed the greatest worry.

The Biggest Risk to Your Golden Years -- It's Not What You Expect

We devote our entire working lives socking money away for tomorrow. But even the most well-crafted and seamlessly executed financial plan does nothing to mitigate one enormous risk we confront. Sadly, we typically don't realize this threat until we come face-to-face with it.

Reverse Mortgage Alternatives For Cash-Strapped Seniors

The two biggest banks in the reverse mortgage business are getting out of it. Now, Bank of America and Wells Fargo accounted for less than half of the reverse mortgages in America, and other lenders are still writing them. But for cash-strapped seniors, it might be a good idea to explore alternative ways to stay in their homes.

Top Tips for Empty Nesters to Protect Their Nest Eggs

With graduation season upon us, a new batch of parents are about to become empty nesters, and there are host of hidden costs can sneak up on them. So we've asked some personal financial advisers for their best advice on protecting your nest egg after the children are grown and gone.