Retirement should focus on creating stable and consistent income to provide as stress-free of a retirement experience as possible. For millions of households, that's easier said than done, with the majority of Americans living paycheck to paycheck.

As a coach in financial services, I believe a financial needs analysis and considering annuities as part of a diversified plan can be the key to long-term security.

Younger people are struggling to become homeowners partly because older generations aren't selling, the star researcher Meredith Whitney said.

The average baby boomer says they only need about $990,000 to retire comfortably. That’s according to a 2024 Planning and Progress Study by Northwestern Mutual. Key Points About This Article The average baby boomer says they only need about $990,