The Boomer

4% Retirement Rule is it Still Applicable?

When it comes to spending retirement funds, the 4% rule sounds simple enough, but experts say more consideration needs to go into how boomers' spend their nests egg.

Pros and Cons of Indexed Universal Life Insurance

According to LIMRA, indexed universal life insurance policy premiums increased 23% in 2014. But financial experts warn this product, which was first introduced in 1997, is not for everyone.

Cost of Long-Term Care Rises With Age

Since the cost of long-term care increases with age, purchasing insurance for it is most affordable before retirement -- a time when boomers aren't typically focused on making that purchase.

Tips for Buying Long-Term Care Insurance

To help cover potential continuing care expenses, many experts advise boomers to purchase long-term care insurance. Here's what they need to know.

Why it’s Time to Change Our Approach to Long-Term Care

Rising health-care costs has made long-term care prohibitively expensive for aging Americans. Prolonged hospital stays or long-term care needs like a nursing or rehabilitation home can break budgets, and are generally not fully covered by health insurance or Medicare and Medicaid. So how do we fix this problem?

Bond Basics and the Fed

Baby boomers nearing retirement should invest in bonds to safeguard their assets and reduce their risks in the stock market, but many fear with interest rates at a low level, bonds will decline in value. What should investors know about bonds?    

Tips to Withdraw Wisely From Your Nest Egg

Building your nest egg over the course of your career is no easy task, but what can be more complicated is figuring out the best strategy for “withdrawing” the money you saved during retirement.