You might think you’re more prepared for retirement than you actually are. You might say, “I max out my 401(k) every year — that’s all I need to do, right?” Not quite. It’s a start, but it’s not the ...

Retired professional baseball player Bobby Bonilla gets $1.19 million a year thanks to a deferred compensation agreement with the New York Mets. Investors can mimic Bonilla’s reliable decades-long ...

Retirement can be expensive, and if you haven’t quite reached your long-term financial goals, it may be time to start cooking up some short-term passive income ideas. Worry not, as there are plenty of ...

Passive income is one of the best and smartest ways to build wealth, especially if you are trying to break free from trading time for money. And the best part is that you do not need a big budget to ...

In 2012, I walked away from my investment banking job with a $3 million net worth and roughly $80,000 per year in passive income. At 34, I had enough income to cover my basic living expenses in San ...

Retirement planning can feel like trying to hit a moving target. Just when you think you've figured out the magic number for a comfortable monthly retirement income, issues like rising costs, market ...

Implementing disciplined practices, such as selecting optimal tax structures, reserving funds for quarterly tax payments, and addressing international income requirements, can help minimize tax ...

It's smart to set up multiple income streams for retirement, in addition to Social Security. Start working on building such streams well before you retire -- and ideally, well before you turn 60.