May 12, 2024
Funds

How To Get A Paycheck-Like Income Option In Retirement Through A 401(k)

A growing list of companies have begun offering investments inside their 401(k) plans that promise a way for workers to generate steady income during retirement.  These investments combine target-date funds, a popular 401(k) investment, with annuities, an insurance contract that promises a stream of lifetime payments.    Global asset manager BlackRock is leading the way with

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Funds

These Mutual Funds Target Seniors Worried About Outliving Their Savings

Figuring out how much you can safely spend each year is an especially fraught question for retirees worried about outliving their savings. Life span and health status are variables no one can plan for. Despite saving consistently and investing diligently over a lifetime, retiring into a market downturn or unexpectedly needing expensive medical treatment can

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