Social Security is relied on more than expected, with 58% of retirees using it as a major income source. Diversifying income sources aids financial comfort, yet only 29% of retirees use retirement ...

Private and public sector defined benefit pension fund payments also added $224.3 billion in tax revenue, according to the National Institute on Retirement Security. More than $680 billion in pension ...

Retirement income today is rarely generated from a single source. It is typically built from a combination of the state pension, workplace or personal pensions, and other assets, each playing a ...

Most people saving into a pension don't need to file a self-assessment tax return. However, there are some situations in ...

Emergency shocks eat up 10% of retiree income annually, and many retirees are grossly underprepared, CRR says.

If you have a target retirement age circled on your calendar, you might be planning around the wrong metric. According to ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. An essential part of retirement planning is knowing how ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Income drawdown is a flexible way for those aged 55 and over to access the money in a ...

You’re likely familiar with the phrase "Let your money work for you." That’s the idea behind the concept of passive income, which means earning money with little or no effort. In retirement, it’s ...

This is made up of 5% from you (including pension tax relief from the government) and 3% from your employer.  Whether you ...