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 [...]

DES MOINES — National Retirement Security Month is nationally recognized in October to raise public awareness about the importance of saving for retirement. State Treasurer Michael Fitzgerald is using this opportunity to inform Iowans about the importance of planning for your future. “During this month, all Iowans should review their retirement savings goals, take necessary steps to build a retirement savings and ensure they are managing their funds in a [...]