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here. Straight talk from the money editor Back in the "good old days," you worked until you reached 65. You had a party, got a gold watch, said farewell to your fellow employees and never looked back. You had a pension, Social Security benefits and some savings, and could fund a reasonably comfortable retirement. Sadly, those days are gone and they are never coming back. Pension plans have given way to 401(k) plans, and there are concerns that Social Security will no longer be a sure bet. To make matters more "interesting," many Americans are retiring with small nest eggs and little income to live on. In fact, 80% of "average American workers" said they "cannot save enough on their own to guarantee a secure retirement," according to a National Institute on Retirement Security survey. Since knowledge is power and information is liberating, the CNBC personal finance team will continue to supply our audience with high-level, reliable and useful content to help them make smart retirement investment and planning decisions. This will help them generate the income they'll need in those Golden Years. For more cool stuff, follow me on Twitter @jimpavia. | | This dangerous mistake will upend your retirement If you are nearing retirement, overestimating your return potential can mean you don't get to the finish line when you want, or with all you need. | Today's retirees are just not the retiring types Your career doesn't end just because you've stopped punching the clock. Here's how three retirees fared after they went back to work. | Many Americans unprepared for surprise medical expenses Health-care costs are rising but for many people, even as their savings for medical expenses fall dangerously short. | 20 top cities to start your 'anti-retirement' You don't need to move to Florida to retire. Baby boomers are flocking to cities that offer affordable housing, great health care and strong job prospects. | Retirees who miss April 1 deadline take 50 percent hit Retirees taking a required minimum distribution for the first time often procrastinate. Missing out carries a big penalty. | Diaper dilemma: Child care is as much as a year of college Young adults are already grappling with retirement savings and student loan payments. Now they can add babies to the mix. | Boomers: Steal a page from Daffy Duck and his gold stash Splitting your savings into multiple buckets including traditional and Roth IRAs can make a big difference at tax time in retirement. | Republicans revamp health bill as Trump promotes overhaul Congressional Republicans recrafted their Obamacare replacement bill on Monday in hopes of satisfying critics as U.S. President Donald Trump prepared to promote his first major legislative initiative on Capitol Hill. | These people belong to casinos, not to markets "They latch onto anything that appears to support a failed call — one week it's technicals, the next week it's economic data, then politics, then the Fed, etc. ..." |  | Sharon Epperson | |  | Josh Brown | | | Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. |
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