You deserve to enjoy retirement without worrying about running out of money. The only way to make that happen is with smart financial decisions starting early in your life. Most people can make a few simple money moves that should leave them with plenty of money to enjoy retirement. Here are three habits to embrace early on [...]
Picture this: You're taking a long vacation. You have some money saved up, but you're not really sure how you'll pass the time or how much you'll spend, or even how long you'll be there. You're just hoping you have enough money to last. Sounds ridiculous, right? Yet people do this with their retirement all [...]
Nearly half of workers have less than $25,000 saved for retirement, according to a report from the Employee Benefit Research Institute, and of those workers, more than one-quarter have less than $1,000 stashed away. Whether you're nearing retirement or your senior years are decades away, it's important to be setting aside at least some money [...]
The global pandemic has created shock waves in our markets and economies this year, and it has been hard to wrap our heads around exactly what it means for our financial well-being. Very few of us predicted back in February that we would be facing a renewed lockdown at Thanksgiving, or that we wouldn’t be [...]
We all want to retire with enough money to pay our bills and enjoy a comfortable lifestyle. But saving for retirement takes work, and it means sacrificing other luxuries along the way. Here's the good news, though: There are a few simple steps you can take to increase your retirement wealth and put yourself in a [...]
here's no one right age for retirement. But chances are good there's a right age for you. And you'll need to figure out what it is, since you'll need a target date when setting savings goals and making your plans for the future. The good news is, deciding when you should leave work is actually simpler than [...]
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For those with an eye on early retirement before age 65, it helps to break your retirement planning into two phases: before retirement and after retirement. By planning for each phase, you can move toward an early retirement with a greater level of confidence. Early Retirement, Phase One: Pre-Retirement Planning When people talk about retiring [...]
In recent times, the economic turmoil caused by the Covid-19 pandemic has affected retirement plans for many Americans. And infection rates vary in different parts across the country, introducing new stressors and changing daily life. So given all that, what are the best places in America to retire? On Tuesday, U.S. News & World Report released its [...]
Just as taxes can be a major burden during your working years, they can also wreak havoc on your finances during retirement. And that's the last thing you want. If your goal is to pay less tax as a senior, you can accomplish it by doing these key things. 1. Keep your money in a [...]