Snowboarding Old Hand Danny Davis Has All But Retired From Contests—But Dew Tour Holds Special Place

COPPER MOUNTAIN, CO – DECEMBER 16: Danny Davis poses for a portrait during Dew Tour at Copper … [+] Mountain Resort on December 16, 2021 in Copper Mountain, Colorado. (Photo by Justin Edmo...

I’m retired with about $1 million invested. Paying my adviser 1% would cost me $10K a year — no thanks. I’d rather pay someone hourly for help a couple times a year. Is this reasonable?

Getty Images Question: I hold roughly a million dollars in stocks and ETFs, not counting a small IRA and a small 401(k). My holdings are all in a brokerage account at one of the major brokerage houses...

We’re retired and recently lost $100K from our portfolio. Our adviser said ‘we could lose another $100K in 2023.’ Is that crazy? 

Should you decide to switch advisers, be clear about your expectations and get a good understanding of the new adviser’s investment philosophy. Getty Images/iStockphoto Question: I retired in October ...

Tom Brady Has Retired, Again. Here’s How Much He Earned In His 23-Year NFL Career.

Tom Brady leads all quarterbacks with 35 career playoff wins. Next on the list is Joe Montana, with 16. Kevin Sabitus/Getty Images Let’s try this again. It’s over. On Wednesday, a year to the day afte...

‘It feels like I’m holding two full-time jobs:’ I’m 65, retired and have a $2K pension. I own rental properties, but they’re stressful to maintain. Should I keep them or sell?

Dear MarketWatch, I’m a 65-year-old married man in Southern California. I retired about 5 years ago, and have very little in pension payments of about $2,000 from my old job, without any medical benef...

I just retired at 64. My husband is 73 and beginning to have health issues. We need a financial plan and to figure out what to do with Social Security. What’s our move?  

Getty Images/iStockphoto Question: I’m in need of a fiduciary financial planner. I recently retired at 64 years old. My husband is 73 and beginning to have health issues, and I have no idea what to do...

I’ve Finally Retired! What Happens With My 401(k) Now?

After retirement you can start withdrawing the money you have accumulated over the years in your 401(k). However, a number of rules govern retirees’ 401(k) distributions. For instance, in most cases t...

Here are 3 ways Gen Z workers can start saving now for retirement

Luis Alvarez | Digitalvision | Getty Images If you’re just out of college, you may be wondering when the right time is to get started with a retirement savings plan. The answer is now, experts s...

Retired? You May Want Stocks, Not Bonds, to Power Your Portfolio

A retired couple enjoys a hike with their family. An expert from Morningstar argues that equities are far more important in retirement than bonds. If you’re already retired, it may be time to rethink ...

I retired at 62, am living on a pension and Social Security, and have an IRA but haven’t withdrawn from it. For my whole life, I did all my investing on my own. But with so much at stake now, do I need professional help?

Do you need a financial planner? Getty Images Question: I retired at 62, and I’m living on a pension and Social Security. I have an IRA but haven’t withdrawn from it. I’ve been my own planner up to th...

‘I lost over 21% in 2022.’ I’m 72, retired, and have worked with my financial adviser for six years. I know markets are down, but this massive loss is worrying. Shouldn’t my adviser have had a plan to manage risk at my age?

How to find the right financial adviser. Getty Images/iStockphoto Question: I’ve been with a financial adviser for 5-6 years. My average annual return is only 4.7%. I’m down 21% in 2022 through Octobe...

Retired? Here Are 3 Things You Need to Get Right.

So much financial planning is focused on getting people to retirement. Planning and investing during those golden years is even more critical because missteps can be disastrous.  Spending down money i...

What to do with your cash if you’re retired or retiring soon

The saying goes, “cash is king,” but having a plan for how to make the most of it during a high-inflation environment is still the best strategy – especially for retirees and near-retirees.  Read: Inf...

Opinion: This musician retired after making $170 million in the stock market. Now he’s sharing his secrets.

When a retired Boston Pops clarinetist gave $100 million to Boston University’s medical school last month, everyone focused on his unusual backstory. Edward Avedisian ended his career as an accomplish...

Retired Couple Wins $5.2 Million Award From UBS Over YES Strategy

Two retirees won a $5.2 million arbitration award against UBS , which they accused of misrepresentation, unsuitability, and breach of fiduciary duty with regard to a complex options-trading strategy. ...

How Peter Thornhill Retired On $400K In Yearly Dividends

Little white piggy banks standing on top of 7 stacks of coins in ascending order on white surface, … [+] green background getty Peter is an investing legend. Dude collects $400,000 per year in d...

Boston Celtics Star Bill Russell’s Jersey No. 6 Will Be The First Retired Across The NBA

Topline Eleven-time NBA champion and civil rights leader Bill Russell’s jersey No. 6 will be retired across all 30 teams in the league, the NBA announced Thursday, one week after Russell’s death, maki...

Suze Orman warns to avoid these blunders so you can live your best retired life

‘There are no loans for retirement’: Suze Orman warns to avoid these blunders so you can live your best retired life Personal finance author and TV personality Suze Orman has been inspiring Americans ...

Retirees traveling check Medicare coverage to avoid costly surprises

Tom Merton | Getty Images If you’re a retiree on Medicare and feel the itch to travel, be sure you know whether your insurance plan can go with you. Whether you want to hit the road for a U.S.-b...

Lou Gehrig, First To Have Number Retired, Launched A Major Tradition

Lou Gehrig, unable to play because of ALS, received gifts and cheers from a packed Yankee Stadium on … [+] July 4, 1939. Bettmann Archive As Major League Baseball marks Lou Gehrig Day on June 2,...

You just retired and your target-date fund has plunged. What do you do now?

If you recently retired or are near retirement and you had your money in a target-date fund designed for people retiring about now, bad luck. So far this year, the “target” is you. Morningstar tells m...

Apolo Ohno Opens Up On How He Reinvented Himself

Apolo Ohno, the most decorated Winter Olympian opens up on how he reinvented himself in his post … [+] Olympic career. FilmMagic Imagine being twenty-seven years old and retired from the only jo...

I bonds to deliver a record 9.62% interest for the next six months

Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are...

Most Americans still feel optimistic about retirement, survey finds

Ipggutenbergukltd | Istock | Getty Images Despite the pandemic, most Americans still feel optimistic about a comfortable retirement, but inflation is the top concern among those who aren’t as pr...

Retired Nurse Loses a Lot of Money to Crypto Scam

A retired nurse has been fired from her part-time job and lost her life savings – which amounted to roughly $43,000 at the time of writing – after falling for a cryptocurrency scam. How a Nurse Became...

This is how much you made if you bought into the oil crash 2 years ago

If you want to retire rich, the late, great Dan Bunting has some advice for you. “Always buy the market (i.e., stocks or even just the index) after a spectacular bankruptcy,” my old friend Bunting, a ...

A retired nurse lost $43,000 to bitcoin — watch out for red flags online

A New York retired nurse lost $43,000 of her life savings to bitcoin scammers, after transferring the money to them through a malicious computer pop-up – an unfortunate reminder to be vigilant when it...

‘The weight of this debt is crushing’: I’m 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

Dear Quentin, I have not seen anyone address student-loan debt for people over 70 years of age. I am a 74-year-old retired  speech-language pathologist with a student-loan debt of $200,000.  I’m on a ...

Retired? Here’s when you don’t have to file your taxes – and when you do

Not all seniors need to file a tax return, but others may incorrectly think they fall in this category – don’t make that mistake.  Retirement Tip of the Week: If you don’t plan to file a tax return th...

I’m 67 and retired with $57,000 left on my mortgage and $600,000 saved for retirement — should I pay off my home now?

I am 67 years old, single and retired at 66. After taxes, I receive $3,100 per month from a pension. After taxes and my Part B Medicare payment, I receive $2,100 per month from Social Security. I have...

Inflation is causing some older Americans to delay retirement plans

As inflation rises, many Americans are shifting life milestones, including retirement. Some 13% of Gen Xers and baby boomers say they have postponed or considered delaying plans to leave the workforce...

How Much Can a Retired Person Earn Without Paying Taxes?

How Much Can a Retired Person Earn Without Paying Taxes? Many retirees plan to earn extra income to supplement their retirement spending. But how much can a retired person earn without paying taxes? T...