There are two basic types of vesting (ask your benefits administrator which one applies to you): Cliff vesting. This typically means that if you leave the job in five years or less, you lose all ...
There are 76 million baby boomers, and 72% of them are white. Next → The millennials are an even larger group with 87 million, but much more diverse — only 56% are white. Next → See how ...
Want the excitement of urban living for your retirement? Got a bigger budget? These 8 small cities offer culture, dining, education and recreation choices galore, but they're pricier than Money's ...
Whether you'll get pension payouts from a former employer when you retire depends on how long you held that job. The less time you spent with that employer, the smaller your payout tends to be.
For this calculator, we define middle class as two-thirds to two times median income for the county. In counties where two-thirds of median income would fall close to the poverty line, we set the ...
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Accountant turned entrepreneur Eli David is a self-proclaimed digital nomad. He only spends two months of the year in Israel -- the rest of the time he’s globetrotting while also running two ...
It's not just about the money. Take CNNMoney’s 7 question personality quiz and see how likely you are to accumulate wealth. Is 8 hours of work a half-day for you?
A pension is a retirement account that an employer maintains to give you a fixed payout when you retire. It's a kind of defined benefit plan. Your payout typically depends on how long you worked ...
A defined benefit plan is a retirement account for which your employer does all the work, including ponying up the money and deciding where to invest it. It promises you a set payout when you ...
Your pension should be just one tool in your retirement shed. Chances are, most pensions will not produce enough income to fully cover all your retirement needs, so you should be saving in other ...
With seven mouths to feed, what makes this couple think they could become millionaires? More ...