Personal Finance Advice and Commentary

Monday, June 22, 2015 3:27 pm
By Jennie L. Phipps · Bankrate.com

Don’t rely on one or the other. Do both, says one financial researcher.

Wednesday, December 24, 2014 12:23 pm
By Jennie L. Phipps · Bankrate.com

An additional $250 a month in savings can buy a modest amount of retirement income and a dollop of comfortability.

Monday, November 01, 2010 4:39 pm
By Jennie L. Phipps · Bankrate.com

Lots of retirement planning advisers are urging people to take some of their retirement money and buy an immediate annuity with it. An immediate annuity is very different from a deferred annuity, which is a way to save money, and has had a bad rap because the fees can be astronomical. An immediate annuity works