Let's talk about how to take advantage of one's youth when it comes to the importance of saving for retirement. It's almost unnatural to expect someone just starting a working career to save for a retirement goal that is 40 to 50 years into the future. No matter the size of the paycheck, there is always something that can distract one from a long-term savings goal -- from consumer purchases [...]

Finding a retirement advisor is not as easy as it sounds. The sheer amount of advisors out there can be overwhelming, let alone the different types of platforms, devices, services, and other technology that are available all trying to vie for you and your hard earned dollars. Here’s the problem. You can find thousands of people claiming outlandish returns in the market, but how did they do in the fourth [...]

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 [...]