Seniors in 41 States, Including California, Could Outlive Their Savings

Too many wealthy home owners claiming age pension, Plibersek warned

Affluent retirees are being subsidised by low and middle-income earners while building their nest eggs, the Department of Social Services says.

A Big Question Keeping Retirement Savers Up

Deep in the hearts of many investors approaching retirement is a lingering fear: What if I outlive my savings? These three strategies can help extend your savings throughout what could be a long retir

Seniors in 41 states, including California, could outlive their savings

Retirement is supposed to be a time for rest and relaxation, but for many seniors across the U.S., it's turning into a financial dilemma.

Map shows states where seniors are most likely to outlive their savings

With Social Security payments covering 30 percent of their living expenses, many retirees rely on their own savings in old age.

Women could run out of money after just 7 years in retirement, compared to 17 years for men, finds new analysis from interactive investor

Most Americans retire without a savings withdrawal plan

Almost two-thirds of Americans say they worry more about running out of money in retirement than about dying — and for many, that fear may become a reality. According to a survey from retirement technology firm IRALogix, about half of America’s retirees don’t take any systematic approach to withdrawing their many billions of dollars in retirement assets. Only 22% of retirees follow any kind of plan, the survey found. Having a plan is vital, espe…