It's never too late to improve your chance of having a more secure retirement, but you'll need to put retirement planning at the very top of your list of financial priorities.
Follow these 3 steps to improve your chances of building an adequate nest egg.
As we run through our daily to-do lists, retirement might seem like a lifetime away. But if you take these 10 steps now, you’ll be ready to roll into retirement.
Retirement is not an event, it’s a long-term process that you need to make sure you are prepared to handle.
Classic notions of retirement are no longer an option, and baby boomers are reimagining what the last decades of work can hold.
Try living on your retirement budget to see if it's realistic.
It's question No. 1 for most retirees when it comes to retirement savings: How much income can I get from my portfolio? These four strategies can give you the answer.
Getting your finances in order before you retire is not just important, it's crucial. But equally important is the emotional side. It is absolutely important that people go into retirement with a plan.
New research suggests the venerable 80% income-replacement rule for retirees doesn’t reflect the lower costs of retirement and overestimates the needs of those with high incomes.
A fear of outliving your savings is bound to put a damper on your retirement years.
The rules for required minimum distributions from your retirement savings plans are complicated. Making one or more of these errors could cost you a bundle.
First, the basics. If you still owe someone, or love someone, yes, you need life insurance. Now, let’s dig a little deeper and look at the other reasons you may still need life insurance after 65. 1. You’re still the “Bank of You.” 63% of parents over 55 are still supporting their children and or grandchildren, according to LIMRA Secure Retirement Institute. What happens if you are no longer around to provide that support? Who will your children turn to for financial help…
The concept of a practice retirement has been around for many years, and it has been especially topical since the Great Recession took a toll on so many nest eggs. But practicing retirement before you take the plunge isn’t just about money; it’s about your emotional state as well.
It's not easy, but it is within reach if you're making smart financial choices.
Your retirement probably won't look anything like your parents'. And while you'll need a big nest egg, there's a lot more you could be doing now to prepare than saving money.
Don't let your financial life get lost in translation. Take these steps before you leave the U.S.
Free time can be worth a lot more than cash in retirement.