Many workers save for retirement but lack a strategy to turn 401(k) funds into steady income that will last, a new survey shows.

If you asked retirees 20 years ago what would squeeze a fixed income later in life, most probably would have named the usual suspects: housing, health care, food, and maybe utilities. Those still ...

The wise minds at Moody’s Investors Service finally acknowledged last week what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...

Sources of retirement income include Social Security, retirement accounts, pensions and employment wages. Retirees can expect to spend 80% of their preretirement income in retirement, according to one ...

Many of us dream of retiring early, but for most people that is all it will ever be—a dream. But we are getting better at saving for retirement. In its latest Retirement Report, the insurance firm ...

The retirement "coverage gap" is often overstated; most who should save have plan access. Low-income and young workers often need not save aggressively due to Social Security benefits. Policymakers ...

Ask people how much they need to retire, and there is a good chance they can throw out a number almost instantly. Maybe it is $1 million because that is what they have always heard, or $2 million ...

Forget running out of money. You may have the opposite risk.

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...