Anticipating your retirement expenses is key to saving the right amount in 401(k)s, IRAs and more. Although getting exact figures might not be possible, projecting costs for healthcare, housing and ...
Retirement is almost as inevitable as death and taxes. Even if you love your career, someday you'll almost certainly retire-- or take on a form of semi-retirement. This is why estimating your ...
(MoneyWatch) Welcome back to the third post this week in my series, 16 Weeks to Plan Your Retirement. This post and my posts next week will help you estimate all your sources of retirement income. It ...
Before he retires though, he wants to get an estimate of what his Social Security benefit, SSI, will be when he claims it at age 62. He gets the same letter with that estimate from the Social Security ...
Setting a clear goal for retirement savings is one of the first steps in planning for your future. Establishing a target amount to save can help you estimate how much to invest each month and let you ...
(MoneyWatch) How much reliable, lifetime retirement income can you generate from your savings? That's a critical question for baby boomers approaching their retirement years without traditional ...
It's important to understand how you plan to spend the money you've worked hard to save. Two expenses are easy to overlook while planning for retirement: healthcare and taxes. Flexibility is key. No ...
Christine Benz: Hi, I'm Christine Benz for Morningstar. How well do people do at estimating the lengths of their retirement, and how can they do better? Joining me to discuss some research on that ...
Setting retirement savings goals is a crucial first step, and there are several ways to do it. Among other methods, you can assume a multiple of your final income level. Do you know how much you need ...
When planning for retirement, people tend to focus on whether they will have saved enough. But it’s equally important to pencil out how much you expect to spend. And that brings me to some ...