A portfolio designed to never lose money can still run out, and the math behind why is more unsettling than most retirees expect. See the portfolio math → There's a critical difference between what ...

Unnerved by market swings, a 66-year-old single retiree has roughly 90% of her $1.7 million portfolio parked in cash and short-term bonds. The portfolio feels safe and sleep comes easier. That comfort ...

There are some areas of life where playing it safe makes sense, like working with power tools. Managing your money in an uncertain economy also calls for a cautious approach. But financial safety ...