Amid all the gloom and doom, there are ways to change the math in your favor.

Handing an insurance company a quarter of a million dollars in exchange for roughly $1,600 a month for the rest of your life may sound smart at age 70. The math looks generous on the surface. A payout ...

A life-only SPIA on $400,000 pays $2,600 monthly but surrenders roughly $190,000 in residual estate value to the insurer at death. Most of each annuity check is simply return of principal, not yield, ...

A $250,000 SPIA's 7.7% payout is not a yield. It is your own principal returned alongside mortality credits from pooled retirees who die early. Signing locks you out of three things: your $250,000 in ...

A $300,000 SPIA's 7.6% payout mixes interest and returned principal, with the insurer keeping whatever remains at your death. Committing $300,000 to an annuity eliminates emergency access, inheritance ...

Thousands of students graduate high school without the knowledge needed to manage their money effectively, understand loans ...

Trump’s Australia retirement idea should sit on top of Social Security, not replace it. The U.S. needs universal accounts and ...

Learn how drawing from fixed income first can reduce sequence risk, stabilize retirement income, and protect long-term ...

Dear Fix My Portfolio, I'm 89. I had around $3 million 23 years ago when I retired. Now I have about $2 million left. My current spending is now less than it was before, and I probably won't reduce my ...