Some employers offer a Roth option for your 401(k) or other type of retirement account. Even if it's not offered through your employer, anyone can open a Roth IRA at a brokerage house.
While borrowing from your 401(k) may seem like a quick cash fix, it's almost never a good idea. Here's why.
Yep, if you've got a yen for island living, we can't think of any island that delivers more than this one.
What is your retirement fantasy? Is it learning to play golf, retiring to a beautiful seaside resort, learning a language, climbing Mt. Kilimanjaro or just kicking back, waking up to a good cup of coffee and no commute?
There are many similarities between 401(k)s and IRAs (Individual Retirement Accounts), but there are also some notable differences. How do you know which type of account you should contribute to?
With today's economic uncertainties, many of us have one or more family members who are struggling financially. A brother who lost his job and is at risk of losing his house. An adult daughter who recently divorced and may need to move back in with you, at least temporarily -- with her two small children.
Today, life in adulthood and beyond is far more like rafting down a twisting, turning whitewater river. Its length is uncertain -- you might live 70, 90 or 110 years -- and new challenges, opportunities, discoveries, and potential surprises are around each bend.
You want to retire overseas, for instance -- to that sublime stretch of beach or sun-dappled colonial village -- but your significant other says "no way, Jose." Whatever can you do?
There are many sources of stress in a mother's life. To ease her finance-related stress, here are five ideas for the whole family.
I opened my credit card bill today. Yikes! It's almost $10,000. I'm stunned. How did I let it get so out of hand? I should know better. I'm in the ban...
If public pensions are run professionally why did the SEC vote in 2009 to curb "pay to play" practices among public sector pension managers?
Seventy-seven million baby boomers have entered or are approaching retirement. Social Security will make up the bulk of the income most of these seniors will have at their disposal. As our private retirement system continues to underperform and Medicare premiums rise, cutting Social Security COLAs based on a false premise is bad policy.
You may be surprised to learn the two biggest expenses often faced by expats. Most of us think of rent. Or food and entertainment. Or taxes maybe. But in my experience, many expats spend more on two other expenses.
When it comes to planning for retirement, most Americans could stand to brush up on their financial knowledge a bit, but it's especially important for unmarried women. Here's what you should know.
As more and more retail investors prepare to take the stock market plunge, it's alarming to learn that America's collective investing knowledge is bad - very bad.
When making your own plan for retirement overseas, the starting point -- the key to the success of the adventure -- is to be honest with yourself as to what kind of lifestyle you're after.