You’ve heard it over and over again: Start saving for retirement as soon as possible. But how exactly do you do that? Here are seven strategies to get you started on your retirement investing journey—including pitfalls to watch out for and links to help you learn more about each approach. 1. Invest for Retirement in [...]
Most of us are looking forward to retirement, though it's also likely that we're at least a little worried about our income in retirement. We can probably count on some Social Security, but it was never designed to replace all our income. Thus, it's up to us to make sure we have sufficient income streams [...]
Almost everyone faces economic trouble over the course of their career, and you can't let these tough times affect your future as a retiree. Fortunately, you don't have to. There are five simple steps to take throughout your life to help ensure you're well prepared for your later years. You can take all five of [...]
There tends to be a lot of excitement in the air as one approaches retirement. Contemplating how to spend one’s golden years represents the culmination of decades of hard work and the ability to enjoy the fruits of one’s labor. While the enthusiasm is warranted, it’s also crucial to make some important financial planning decisions [...]
Millennials now comprise the largest living demographic group in the U.S. Thanks to innovation and advances in technology, this first generation of digital natives has enjoyed opportunities that were unimaginable a few decades ago. Their demand for transparency, relevance and authenticity in the way they interact with service providers has been the driver of unprecedented [...]
Retirement-planning stories tend to look through the lens of a two-person household, making certain assumptions about everything from income and insurance needs to estate planning as if every saver were part of a couple. This story is aimed at single retirement savers. Without the buffer of another person contributing to household finances for this life [...]
You don’t need to be an actuary to predict that for married couples, there will come a time when one spouse will be aging alone. You can see insights on key differences between how men and women experience widowhood in a recent report from the Stanford Center on Longevity (SCL), published in The Journal of the [...]
Retirement planning is all about numbers. It centers around one question: Do my financial assets — pension, 401(k)s/IRAs, Social Security, property, sale of a business, etc. — provide enough income to fund my desired retirement lifestyle? At least, that is what most people think. But ask any retiree, and they will likely tell you that [...]
Digital investing, once a playground mostly for younger investors, is no longer just for the young, but also for the young at heart. For the past decade or so, digital investing has broadly been thought of as a way for Millennials and other investor newbies to access low-cost advice and investment management services. Generally speaking, [...]
Social Security provides benefits not only to retired workers but also to spouses who have not contributed to the program. Spouses are one of the many beneficiaries of Social Security, and even ex-spouses can claim a payout from the program in some circumstances. When you apply for Social Security, you automatically apply for the greater [...]