Before 1985, Social Security benefits were not subject to federal taxes. Beneficiaries received their full amount without deductions. However, this changed, and now, for retirees with higher incomes, ...

The flooring approach is a retirement strategy that uses guaranteed income sources, like Social Security, pensions, or annuities, to cover essential expenses. This creates a stable “floor” of income ...

That was my reaction as I read about the Retirement Income Style Awareness matrix in Professor Wade Pfau’s excellent Retirement Planning Guidebook. Forget bickering about “the best” solution for ...

A version of this article previously appeared on March 12, 2021. It seems like a bygone era and it is: Fewer than 15 years ago, cash yields were at 5% and bond yields were even more robust. But yields ...