Taking advantage of your employer-sponsored 401(k) shouldn’t be the end-all of your retirement savings plan. Though your plan should be tailored to your needs, keep in mind these rules of thumb.
Plan ahead to minimize, or even avoid, taxes on your Social Security benefits. Learn how to build a tax-sensitive retirement income plan.
How can you make your money work the way you want it to during retirement? Follow these tips to plan ahead so your finances can align with all your lifestyle goals.
The longer you live, the greater the chances you'll need some form of long-term care insurance (LTCI).
Small business owners are accustomed to a different lifestyle—no boss, no set schedule and, sometimes … no free time. Amid this hustle and bustle, retirement planning sometimes falls by the wayside.
Nearing retirement? There are a few key factors to consider if you want to build a retirement income plan that fits your savings, lifestyle and goals.
Tax-deferred investments such as 401(k) plans have two key benefits. The first impacts someone in active saving mode, while the other can affect those withdrawing funds. Learn more.
Compare four investment alternatives to save for your retirement.
Saving, Calculate a retirement savings rate you can live with.
Find out the amount you can contribute to a deductible IRA and if you may contribute to a Roth IRA.
As the beneficiary of an inherited IRA, you have a decision to make about how and when you will begin to take distributions. Some factors that impact your options will be beyond your control. Others, however, will help determine an optimal distribution strategy.
Target date funds take the hassle out of managing your retirement investments. Find out if they fit into your retirement savings plan.
A new year is the perfect time to evaluate your retirement planning. Here are five New Year’s resolutions to help you reach your retirement income goals.
Fifty years ago, it wasn’t at all unusual for an individual to work his or her entire adult life for the same company. Today, however, by the time they reach age 50, the average baby boomer will have held nearly twelve different jobs. As a result, many people find themselves juggling multiple legacy retirement accounts that they’ve maintained at previous employers.
In your 20s and 30s, so many expenses compete for your dollars that it seems impossible to prioritize retirement. But saving now gives you the freedom to spend more freely later.
Women are more in control of financial management than ever, with the majority overseeing the day-to-day administration of their household finances. When it comes to long-term financial planning, however, there’s opportunity for women to be more actively.
Learn how aggressive investing and generating passive forms of income can put early retirement within reach.
The best day to start saving for retirement is the day you start working. Find out why starting early for your retirement planning really pays off.
If you’re not sure where your money is going, it’s time to get a handle on your saving plans. Setting financial goals can pay off later in life.
Dont let the feeling that you've fallen behind keep you from saving.
It’s important to identify specific goals when beginning retirement planning. Planning early helps you target your spending and saving now and in the future.
A comprehensive retirement plan isn’t limited to picking stocks, bonds and mutual funds but also includes how you’ll build and protect your retirement savings.
Most people wonder if they’ll have enough to retire. Staying on top of your financial goals is important in the homestretch as you have less time to set aside savings.
Before you enjoy your retirement years, talk with your spouse about your hopes, dreams and expectations to ensure you’re both on the same page.
Those who work with a financial planner to establish and maintain a retirement plan typically generate more savings than those who plan alone. Here’s why.
Your challenge during retirement is to convert your savings into an ongoing income stream that will provide adequate income throughout your retirement years.
Longer lifespans and lower average earnings mean women must think differently and save more for retirement. Talk to a financial advisor to improve your retirement outlook.
Even if you can’t save much when you’re starting out, putting aside some retirement savings while you’re young can pay big dividends later on. Erin Lowry, blogger at BrokeMillennial.com, shares her strategies for kick-starting your long-term savings.
IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you should also consider investing in an IRA.
Unlike a traditional IRA, a Roth IRA allows you to withdraw your money tax-free in retirement. Learn how to maximize your retirement savings.
Find out if converting to a Roth IRA could benefit you.
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