Retirement Planning News, Information and Guidance

merton post about 3 types of income

Expert Interview with Claire Tak on Planning for Retirement for

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…

Retirement planning

What Can Fantasy Football Teach You About Retirement Planning?

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,…

Retirement calculator

AT What Age Can I Retire? The Financial Gurus Answer

Retirement might not be on the minds of people in their 20s or even their 30s, but there does come a time when everyone wonders: “When should I retire?” Retirement readiness depends a great deal on how well you’ve prepared financially. But there are other factors to consider, including whether you want to retire at…

Enthusiastic People with Arms Raised

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

Saving $2,000 per year towards retirement starting at age 25 instead of age 35 will yield an additional $315,000 at retirement, assuming an 8 percent annual rate of growth. If you or a young adult in your life need any convincing that putting money into retirement savings should be made a priority, Bobby Lee, founder…

Successful Retirees Share Some Common Factors

Planning for Retirement: The 3 Traits Successful Retirees Share

While not everyone is prepared for retirement, a recent study shows that many older Americans are faring pretty well and these successful retirees share 3 key traits. According to investment firm T. Rowe Price’s survey of more than 2,500 people who have 401(k) plans and/or rollover individual retirement accounts (IRAs), the top factors contributing to…

Beach Image for FW Lander

Expert Interview with My Money Design on Tips for Retiring Early for

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…

How is Your Retirement Financial Plan? Are You Ready to Make the Leap?

Financial Planning for Retirement: Why You Should Maybe Jump on In and Retire

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…

Retirement planning

Retirement Planning Advice — by the Decade

Many times we race through the details of our finances and just do what we need to do month to month.  It is easy to forget to focus on the important long term concerns such as saving for retirement. Here is easy retirement planning advice for all phases of life.  Make sure to have a…

Financial planning

Financial Planning Advice from the Experts

Financial advisers are everywhere, but some stand out as gurus. 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 have achieved veritable star status, and that…

Retirement planning

Retirement Planning: It’s Never Too Late to Start

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….