In retirement, rules of thumb are often a good starting point, but rarely are they the right answer for anybody. I’ve touched on one example at length in this previous blog post and video, and tackle another one here.

When people are trying to figure out what their expenses are going to be in retirement they’ll likely run into the 80% rule; this states that generally you will need approximately 80% of your pre-retirement income each year to live in the manner to which you were accustomed...

Sobering fact for the millennials out there: according to a new study, the average student loan debt of $35,000 can cost graduates nearly $700,000 in lost retirement savings over a 50-year period...

Though people are feeling more positive about their financial prospects overall, many Americans are running just to stay in place. They prefer to keep current on today's bills or dig out of debt, which comes at the expense of saving for the future, a recent survey of financial priorities from Bankrate shows...

We’re closing in on the end of the year, and with that comes a multitude of retirement related deadlines to keep in mind. Here’s a round-up of the most pertinent for those still working and those that are retired.

401(k) contribution deadline

401(k) contributions, which can be worth as much as $18,000 in 2015, are typically due by the end of the calendar year....