Wells Fargo advisor says lottery winners are on their own. If you win the Powerball, you'll need to make strategic decisions.

Social Security remains the backbone of guaranteed retirement income, but it is not the only option. Claiming age sharply ...

Life annuities have never been popular in Canada, even when payouts were higher than they are now. It seems most retirees ...

Keeping track of how long you will be earning a salary for can help work out how much you need to put into a workplace ...

Lower annuitisation, extended investment timelines and flexible withdrawals have made NPS more investor-friendly.

Of course, with any federal process, you’ll have forms to fill out. If you are a Federal Employee Retirement Systems (FERS) ...

Social Security benefits are supposed to be one of the most stable income sources that retirees have. Since you contribute to ...

Retirement math is getting tougher, and the prospect of smaller government checks has turned "guaranteed income" from a niche ...

Vanguard has announced a new 401(k) fund that allows older employees to buy annuities. But are these complex financial products right for all retirees?

Your 401(k) plan may send you educational materials soon about annuity options. - /iStock Dear Fix My Portfolio, I got a ...

When you buy an annuity, you are basically doing one thing: turning a lump sum of money into a regular income. That income can be monthly, quarterly or yearly, and in many cases, it lasts for the rest ...