Still trying to determine how much you need to retire? I’ve got 5 easy steps to help you figure it out. Plus retirement calculators that do the work for you.
Early retirement is a dream shared by many. However, unless you do some advance planning, the dream of retiring early can begin to feel hopelessly out of reach. The likelihood that you’ll outlive your retirement income is very real these days. If you’d like to retire early, but fear whether you can afford it or not — listen up. Here are […]
Retirement may seem like a big black hole in your future, but when you add up all the little pieces to the puzzle, your retirement savings may not be as far from the mark as you thought. Hidden or forgotten assets can go a long way in filling your financial gap! Here’s how to determine how much money you will really need to live comfortably when you retire.
401k plans are employer-sponsored retirement plans that allow workers to save for retirement through a tax-deferred account. Many employers encourage employees to save by matching some or all of the funds that a person puts into his or her 401k retirement plan. A self-employed person can also set up a 401k plan to save for retirement. Here’s more…
Every year, the Social Security Administration sends you an itemized statement that breaks down how much money you’ve earned in your lifetime, and how much you can expect to receive in payments upon your retirement. These statements are to help you with long-term financial planning, to ensure that your information is correct, and to inform the public of disability protection and death benefits allowed to a family.