A direct hit is looming for a thriving retirement mecca that has long avoided the worst effects of powerful storms.
The storm is a wake-up call for an area that's been a magnet for wealthy homebuyers over the past decade.
They want $2.1 million to retire, on average, but fall far short of that, says a Northwestern Mutual report.
They fear not having enough savings and that Social Security could be depleted, a Schroders survey says.
Financial planners say headlines telling people they need a million or more to retire do more harm than good.
Tax law specialist Robert Keebler reviews how the law has impacted retirement and estate planning.
But their concerns about inflation and market volatility have eased.
A PGIM survey suggests even $50,000 in savings can make all the difference in a retiree's outlook.
Registered index-linked annuities have benefited from Fed moves and demographic trends.
The agency has clarified that account inheritors must take distributions annually over a maximum of 10 years.
An advisor highlights how early life experiences can shape how a client deals with money as an adult.
A PGIM survey suggests even $50,000 in savings can make all the difference in a retiree's outlook.
Allianz Life said that most people aren't discussing this worry, however, with their advisors.
The Sunshine State is home to some of the nation's most expensive retirement towns, a new report says.
But their concerns about inflation and market volatility have eased.
The Northwestern Mutual survey found that advisors breed confidence among their clients.
The new service, the WorkSaveRetire program, is designed to help advisors streamline plan operations.
Clients should save, but not to the point that they can't afford things that bring them joy.
When it comes to retirement, it's all in the timing, advisors say.
Local groups are pushing for restrictions on new developments, saying an influx of residents has strained resources.