Financial planners recommend saving around 75% of your pre-retirement income for retirement. Using the 4% rule, you can calculate how much you need to save in total.

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

There is no question that deciding between taking a pension annuity versus a lump sum can feel overwhelming, as you have to make a decision that has long-term consequences. The unfortunate truth is ...