How much do you need to retire comfortably? It?s a question in the mind of every American saving for retirement. Unfortunately, there?s not a one-size-fits-all answer. There are several rules of thumb to help you figure out how much to save to retire. But the exact dollar amount you need will depend on a variety of factors ? especially where you plan to live in retirement. That?s because the cost of [...]

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 that will make all the difference to your financial security in your later years.

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 the time. There's a simple way to fix that. Get out a pen and paper [...]

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 now to prepare. That can feel nearly impossible when money is tight, but these three [...]

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 able to travel to see our families during the holiday season. Many Americans are still [...]

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 [...]