A financial planner raises some key considerations for navigating retirement with a pension and recommends four strategies.

State Income Tax. The state of Maine has higher state taxes than other states and fewer benefits for seniors. The state’s graduated income tax rate ranges from 5.8% to 7.15%, with the income ...

Once you've saved for retirement, you'll need your nest egg to support you for as many as 30 years. For that, you need a ...

As you near retirement, it's a retirement advisor who can best serve your needs. The caveat is this: The only retirement advisor you can count on to look out for your best interest is a fiduciary.

Retirement planning can inspire a lot of contrasting emotions. There's the excitement of making travel plans, ... (23%), general financial planning (21%) or tax planning and preparation (23%).

Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com . I get $1,500 a month in rental income and have $200,000 in savings.

As you near retirement, it becomes more important to hold on to your money and up your savings. You can do this by lowering how much you pay in taxes. $3,500 iPhone possible?

Ask an Advisor: I'm 65 and Near Retirement. ... Diversification across tax location, investment type, time horizon and goals will help optimize your retirement portfolio.

The tax torpedo is “nasty business,” Laurence Kotlikoff, an economist at Boston University who created MaxiFi financial planning software, told me. Here’s the problem.

As you near retirement, it's a retirement advisor who can best serve your needs. The caveat is this: The only retirement advisor you can count on to look out for your best interest is a fiduciary.

Question: I am planning to retire at 62. I have $200,000 in savings, and I have a paid off rental house with a $1,500 a month rent income. My house that I live in is paid off, too. I’m not sure ...

As you near retirement, it's a retirement advisor who can best serve your needs. The caveat is this: The only retirement advisor you can count on to look out for your best interest is a fiduciary.