The number of people in the United States retiring with less than $10,000 saved has dropped 13 points from 55 percent to 42 percent.
Until someone actually discovers the fountain of youth, we all have to face planning for retirement so we can finance our older years.
According to data from the Bureau of Labor Statistics, households run by someone 65 and older spend an average of $45,756 per year. That works out to $3,813 every month.
If you’re nearing retirement age, then you will be thinking about the next chapter in your life. Before you hit the age of 65, you’ll want to be prepared
Despite the new tax plan, many Americans are still looking for ways to save on taxes and increase income in retirement
If you’re one of the very few Americans who are completely debt-free, then congratulations, and read no further. However, if you’re like the rest of us, then this applies to you
It's National Save for Retirement Week is the perfect time to calculate how much money you need to live on -- not just survive, but live the way you would want to in retirement.
The age that you retire at is a personal decision and depends upon many factors. Here are a few things to take into consideration when it comes to figuring out your retirement age:
Downsizing or moving out of state may offer a better quality of life and some states may offer a lifestyle with more advantages than you have right now.
Taxes may throw the proverbial wrench in your retirement plans. Most withdrawals from retirement accounts are taxed in retirement.
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