In a recent MassMutual survey, 60% of retirees said they define retirement as "an end to working." But that line of thinking could be hurting a lot of people who stand to benefit from holding down ...

Will I have enough to retire? It's an impossible question to answer, which makes retirement really scary for many.

Defined benefit plans are often referred to as pensions. For employees who meet certain criteria in the workplace, these accounts typically pay out predetermined benefits in retirement.

“Many folks define retirement as a new chapter in life rather than a time of leisure,” says Lena Haas, head of wealth management advice at the financial services company, Edward Jones.

Not very. The percentage of workers in the private sector whose only retirement account is a defined benefit pension plan is now 4%, down from 60% in the early 1980s. About 14% of companies offer ...

This coincides with a trend of more employers shifting to defined contribution retirement plans such as 401(k)s. However, workers in certain industries may be offered steady pension payments in ...

Defined contribution (DC) and defined benefit (DB) pension schemes affect your retirement in different ways - Images By Tang Ming Tung/Digital Vision Pensions are a crucial savings tool for your ...