Research shows retirees hesitate to spend savings but readily use lifetime income. Here's what this means for you. In this ...

A joint-life annuity ensures that after one annuitant dies, payments continue for the life of the surviving spouse. If the ...

We also looked at some flexible withdrawal strategies that can lead to higher spending ... of allocating a portion of the portfolio to guaranteed income is generally lower median ending balances.

Retirement planning is essential for a financially secure future, and one feature that frequently arises in discussions is the Guaranteed Income Benefit. This option guarantees a consistent income ...

Make sure your investment returns are higher than inflation rates to maintain financial stability. Annuities provide guaranteed income but often lack flexibility, while starting a business could ...

SPRINGFIELD, Ill (WICS) — One Illinois fund is helping families in central Illinois and beyond make ends meet. The UpTogether ...

Study participants in their 20s spent slightly less time at work, but a majority of the reduced work time was offset by more ...