Retirement Planning

How Much Do I Need to Retire? Five Retirement Planning Tricks to Make the Most of What You Have!

Preparing for retirement is not as simple as it used to be. A number of seismic shifts in the prevailing culture are affecting the way we perceive, and prepare for, the future. With people shifting jobs more regularly, as well as uncertainty about what the state of the economy will be when the time comes […]

Preparing for retirement begins much earlier than one’s twilight years. In fact, most retirement professionals recommend planning for retirement as soon as possible. Art Koff from RetiredBrains.com understands that retirement is a major life change, but knows that with proper planning, retirement is something to enjoy. Retirement can be a scary situation for many. What […]

Whether retirement means kicking up your feet, pursuing a new career or enjoying a favorite hobby, there’s one looming concern most Americans share: running out of money. A study from Allianz Life Insurance found that most Americans fear running out of money in retirement more than they fear death. Sixty-one percent of all respondents said […]

Ringing out the old and ringing in the new includes new changes to retirement benefits and plans. Nothing stays the same forever. And although some guidelines won’t vary much, if at all, changes in other areas of your retirement plans could be dramatic. Here’s what you can expect in 2015, from Social Security to a […]

Starting early, planning for health care and considering work are all important retirement planning considerations. With pensions and employer-sponsored retirement plans becoming fewer and farther between, retirement planning is playing a more prominent role for many Americans. But with a new approach to retirement planning in the current economic environment come new woes, as well. […]

We’re going to hazard a guess that talking to your partner about finances and retirement ranks somewhere up there with conversations about disciplining your belligerent 2-year-old and whether your mother-in-law should stay with you for the summer. But conversations about money are some of the most important discussions you can have with your significant other […]

Lifestyles vary dramatically from one household to the next, and so do retirement needs. Someone who is accustomed to a 6-figure or higher income will have markedly different needs than someone who has a modest lifestyle. And the length of time spent in retirement can complicate matters even further. You could retire with $1 million […]

A retirement calculator is a wonderful thing. It can help you forecast what you’ll need to live a comfortable life after your retire. And that allows you to make adjustments early to be sure all of your needs are met. One thing that a calculator can’t do is predict the future. And the future of […]

The Great Recession has definitely altered the way Americans spend and save money, says Janet Stanzak, president of the Financial Planning Association. More Americans are living within their means and have reduced debt to improve their balance sheets, and we’ve also increased savings to provide for job loss and emergencies. When it comes to investing, […]

Vince Shorb’s answer to the question “How literate are Americans when it comes to their money?” is sobering. “Most Americans are financially illiterate,” the CEO of the National Financial Educators Council says. “They never received a financial education and lack the knowledge necessary to make financial decisions that are in alignment with their goals.” Money […]

Colin Williams has worked almost every aspect of the financial planning industry, starting as a financial advisor and working his way up to top management at major financial firms. Currently, he’s sharing insights on personal finance and retirement planning as the founder and key contributor to Humble Savers. He spoke with us about planning retirement […]

How Much Money Do I Need to Retire? It Depends on These 3 Factors

Using a retirement calculator can help ease some of the stress of retirement planning. One of the biggest questions people want an answer to is “When can I retire?” There’s a lot to factor in — it hinges on everything else, but a retirement calculator can help. No retirement calculator is perfect, but it can help […]

As one of the top editors at My Bank Tracker, Claire Tak is an expert in retirement planning and figuring out what you need to save. She spoke with us about how to plan for retirement the right way. What are some common misconceptions you see about retirement planning? One of the biggest misconceptions folks […]

One of your favorite pastimes could teach you a lot about retirement planning. Retirement planning isn’t a game, but it doesn’t have to be dull, either. You can make it as interesting as you want without risking too much, and you might also learn a thing or two by taking some calculated chances. For example, […]

AT What Age Can I Retire? The Financial Gurus Answer

Planning for Retirement: At 22, You Are Not Too Young! (And You Are Never Too Old)

If there’s one conventional idea about retirement that the anonymous personal finance blogger behind My Money Design wishes people would re-examine, it’s that they don’t have to wait until they’re 59 ½ to retire.“There are plenty of other ways you could retire early and bridge the gap between now and then,” he says, adding that you could […]

Most Americans facing retirement today say they are not confidently prepared for financing their golden years.  But a new study finds retirement maybe more comfortable than pre retirees think it will be. The outlook from those already retired is positive.  According to a survey of 401(k) and IRA contributors conducted by global investment management company […]

Here is easy retirement planning advice for all phases of life.  Retirement Planning Advice In Your 60s DO Revisit or create a solid budget and real retirement plan.  Assess all of your expenses, income sources and all of your assets — including home equity. It is not too late to get everything in order.  Consider […]

Financial advisers are everywhere, but some stand out with book deals, YouTube channels and big book deals. These men and women have years of experience, and make their careers from guiding clients, readers and listeners toward sound practices that will help them eliminate debt, build wealth and secure a comfortable retirement. Some of these experts […]

Retirement can sneak up faster than you think. It’s understandable: Life happens, years go by, and then suddenly you realize retirement is a lot closer than it seemed just a year or two ago. Although most financial advisers recommend at least starting a modest retirement plan as early as in your 20s, that doesn’t always happen. […]

Baby boomers are a a generation of firsts. You were the first to attend integrated schools, the first to take birth control pills and the first to bring feminism to the cultural forefront. You are also the first modern generation to largely manage your own retirement investments and the first generation without widespread access to pensions. […]