Feeling rich is more common among millennials and Gen Z, according to a new survey from Charles Schwab.

Many affluent households also face significant challenges.

The primary objective of a transitional investor is to preserve—rather than build—wealth. To achieve this, investors should take a tempered approach, slowly adjusting the composition of their holdings to support their retirement plans and meet...

Wealth and health are the major determining factors.

The four provisions that require changes revolve around RMDs, employer contribution to pension plans, SIMPLE and SEP plans, and catch-up contribution allowances.

Planning is more flexible and less challenging.