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 better position to withstand financial surprises as a senior. Here are a few super easy [...]

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 you might think. Just consider these five key factors to see when retirement should be [...]

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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 early, they most often focus on the investment strategy known as FIRE: Financial Independence Retire Early. [...]

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 list of the best places in the United States to retire for 2020 and 2021. The top [...]

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 Roth savings account It's important to save money for retirement so you have income to [...]