Ted Benna was a pension consultant who noticed a new tax code provision, K, added to Section 401. He never intended the retirement plan that resulted to replace pensions or become so complicated.
It's never too soon to get your finances ready for a comfortable retirement. Personal finance expert Jill Schlesinger offers advice to listeners in a variety of career stages.
We work day after day, year after year, to get ready for a future when we hope we won't have to work. But retirement isn't quite as simple as it used to be, says commentator Chris Farrell.
When estimating expenses in retirement, it's good to think about family and friends, as well as the mortgage, utilities, food, clothes, and other financial-planning staples.