Does the 10% Rule For Retirement Work?

Retirement planning involves several factors that make it challenging to estimate the required savings. Your objectives and life expectancy are essential in making an informed prediction.

The Monthly Income You Need To Live Comfortably In Retirement

As Americans approach retirement age, the question of how much money they will need each month to maintain their standard of living becomes increasingly important. This can be daunting for average working-class America as they may not have saved enough to live off their retirement savings comfortably. The importance of determining how much most average people need in retirement cannot be overstated.

Five Things To Do With Your Money If You’re Retiring In Five Years

With economic uncertainty looming and the risk of a recession on the horizon, it’s critical to start planning for retirement now. It’s important to have a strong financial plan that can withstand any economic storm. Understanding and acting on your financial priorities might help you minimize stress and gain more control over your future.

How Inflation is Making Retirement More Expensive Than Ever

Inflation has always been a concern for those approaching retirement, as it can significantly impact their ability to maintain their standard of living in retirement. In 2023, inflation has become a significant factor for retirees, with prices for goods and services rising alarmingly.

Who’s Protecting Your Retirement Account?

The recent collapses of two large banks, Silicon Valley Bank and Signature Bank, shook customers with cash deposits in banks and brought the workings of federal deposit insurance into the public eye. When financial institutions fail, are retirement accounts protected? Do you have reason to be concerned about your 401(k) or IRA nest eggs if your brokerage, mutual fund firm, or plan provider fails?