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An annuity is a contract with an insurance company under which you are paid an income stream in monthly payments. The features of annuities can vary in several ways. For example, the monthly payments can be a fixed amount (fixed annuity), or be...

In the wake of volatile stock markets and ups and downs in residential and commercial real estate, pension funds are increasing their investments in agricultural land and businesses. A spokesman for TIAA-CREF cited the sector’s “low...

Nearly half of recent retirees feel they estimated their retirement savings accurately, and 28 percent more say they will actually need less than they saved, a new study by Ameriprise Financial, Inc., has found. Only 24 percent believe they will...

More people are semi-retiring these days – or want to semi-retire when they reach retirement age. One in five Americans reaching retirement age opts to continue working, but fewer hours, while nearly half of younger working Americans plan to...

As more people shop more often online, on the phone or by mail, it’s important to know what to do when something goes wrong. You can’t just go to the store and complain to the manager. Before placing an order The Fair Credit Billing...

Outlet malls are big business and became even bigger during the recession. During the past eight years, 50 new outlet centers have been built nationwide, compared to only three retail malls. Sales grew 41 percent at outlet malls from 2006 to 2012...

The Millennial generation – that generation of workers younger than 35 – may have suffered more than any other during the recent financial crisis. With college loans to be repaid and the unemployment rate skyrocketing, many new...

Free hotel rooms. Frequent flyer miles. Lavish perks. Or cold hard cash? What is the preferred cash-back program of the nation’s wealthiest when it comes to credit card rewards? Give them cash any day of the week, according to a new survey...

Only 14 percent of women and 17 percent of men are confident that they will be able to retire comfortably, according to a new survey of 4,000 workers by Transamerica Center for Retirement Studies. While nearly half are somewhat confident that...