Saving for retirement is confusing — it’s no surprise we make mistakes along the way. Luckily, there are strategies to get back on track. Below, financial planners share the most common mistakes, and how they help their clients recover.

Jeston Walker announced his retirement from the Gary Police Department in Indiana. After making his final radio sign-off, what Jeston heard on the other end from his brothers in blue brought him to tears. Jeston's fellow officers offered him words of appreciation and encouragement for his retirement on his last day on the police force. Jeston captured the moment on video and posted it on social media. Jeston retired from [...]

When it comes to retirement planning, many Americans find themselves underprepared. A majority of baby boomers (born between 1946 and 1964) and Generation X’ers (born between 1965 and 1978) often end up without retirement savings or don’t have realistic expectations about post-retirement costs. According to the Insured Retirement Institute, only 25 percent of boomers are confident of having sufficient savings in retirement. If you are in your 50s and nearing retirement [...]

When you're trying to balance multiple financial responsibilities at the same time, saving for retirement may seem like a lesser priority than your other tasks. In fact, 42% of workers say they don't want to think about retirement planning until they get closer to retirement age, a survey from the Transamerica Center for Retirement Studies found. Although retirement planning is not the most exciting topic to think about, you should [...]

Millennials have their work cut out for them when it comes to prepping for retirement. A new Wells Fargo survey of 2,700 US workers and 1,000 retirees uncovered a huge distinction between how baby boomers pay for retirement and how their kids plan to pay for their own in a few decades. The survey ultimately found that younger generations are beginning to save for retirement much earlier than those before them. Today's retirees [...]

Are you leaving money on the table when you retire? The answer is likely a resounding YES! (Whether you realize it or not.) You want and need every penny you can muster to fund a secure future. So,, it is important to take advantage of every opportunity to increase your assets and make smart use of your money.Surprisingly though, many retirees and soon to be retirees overlook not just hundreds [...]