- Can I Retire at 40 With $1 Million?
Retiring at 40 may sound like a pipe dream. But it’s entirely within reach if you save $1 million while working. The key elements for achieving this feat are sticking to a budget and implementing a comprehensive retirement strategy. But… read more…
- 12 Low-Stress Jobs You Can Do in Retirement
Just because you retire doesn’t mean you have to stop working. And when work is an option rather than a requirement, it’s possible to select a low-stress job that multiplies fulfillment without adding anxiety — but still provides a bit… read more…
- Five Fun Hobbies to Take Up in Retirement
Retirement marks one of the great transitions in your life. For most people, until your late-teens or early-twenties you define your time by going to school. After that your schedule is shaped around the need to work and earn a… read more…
- Can I Retire at 30 With $1 Million?
Retirement is a massive financial undertaking. But it’s also more flexible than many people believe. At different stages in life, it’s really possible to retire earlier than you might realize. However, retiring at age 30 with $1 million comes with… read more…
- Can I Retire Comfortably With $1.5 Million at 45?
It is possible to retire comfortably at 45 if you have $1.5 million. However, it’s not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to… read more…
- More Workers Worry They Can’t Afford to Retire
Americans are not feeling good about their financial standing when it comes to preparing for retirement. Workers and retirees are nearly as worried about making their retirement money last as they were during The Great Recession, according to a new… read more…
- How Many Years Do You Have to Work to Retire?
The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What’s not so simple is knowing how many years you have to work… read more…
- How to Determine Your Retirement Lifestyle
There’s a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you’d like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer… read more…
- How to Retire in 20 Years or Less
Planning for retirement is a massive and complicated undertaking. The details of what’s possible depend entirely on your personal circumstances. So if you’re asking yourself how you can retire in 20 years or less, that is a loaded question. Twenty… read more…
- Understanding How a Qualified Income Trust (QIT) Works
A qualified income trust (or QIT) is a special form of trust designed to help people receive long-term care benefits under Medicaid. It is intended for people who make too much money to receive long-term or residential-care benefits under the… read more…
- How to Retire at 67: Step by Step Plan
If you were born after 1960, your full retirement age (FRA) is 67, according to the Social Security Administration. When we think about retirement, most of us imagine retiring at our FRA, even though we may dream about retiring earlier.… read more…
- 5 Retirement Planning Tips for 2025
Are you prepared for retirement? With longer life expectancy, rising healthcare costs, and the possibility of Social Security insolvency the pressure to prepare is mounting. To help you navigate the process, here’s an overview of the key factors you should… read more…
- How Millennials Can Rescue Their Retirement
With rising costs and decades-long wage stagnation in the United States, saving for and affording retirement is challenging for all Americans — and millennials are no exception. A combination of student loan debt, the hot housing market and inflation have… read more…
- State Street Rolls Out New Way to Add Lifetime Retirement Income to Your Target Date Fund
There’s a new way to add a lifetime income stream to your retirement plan. State Street, the world’s fourth-largest asset manager, is joining Annexus Retirement Solutions and Global Trust Company to launch a new series of target-date funds that have… read more…
- Is $6 Million Enough to Retire at 50?
If you save up $6 million by age 50, you’ll position yourself for a long, comfortable retirement. However, you’ll still need to navigate taxes, income calculations and economic forces, all of which can create financial pressure during your golden years.… read more…
- Renting in Retirement: Guide
There are multiple ways to retire. You may choose to pay off your home and live in it as long as possible. Or, if you own your home, you can cash in on its equity and use it to fund… read more…
- Can I Retire at 45 With $10 Million?
Even people who love their job would most likely agree that its better not to work than to have to clock in every day. With that in mind, many Americans are looking to retire much earlier than the traditional age.… read more…
- Is $3 Million Enough to Retire at 40?
Depending on your goals and plans, $3 million can be enough to cover early retirement at 40. However, certain factors will affect whether $3 million is enough. For example, your retirement needs and life expectancy play a big role. Here’s… read more…
- Can I Retire at 50 With $1.5 Million?
Retiring at age 50 would be a dream for most people, as it would leave you with a few decades of time and, hopefully, health, to enjoy your life. The key to achieving this dream, though, is to put aside… read more…
- Can I Retire at 45 with $5 Million?
If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you’ll need to plan your retirement around that amount and your early retirement… read more…
- Are Your Retirement Savings on Track? Compare Your Progress Against These Benchmarks
Saving for retirement takes a lot of time, discipline and planning. But tracking your progress along the way is easier when you set incremental goals. Luckily, T. Rowe Price has released precise savings guidelines to help people who are saving… read more…
- Can I Retire at 55 With $2.5 Million?
It probably is possible for most people to retire at age 55 if they have $2.5 million in savings. The ultimate answer, though, will depend on the interplay between various factors. These include your health, your anticipated retirement lifestyle and… read more…
- Do You Need a Financial Advisor After You Retire?
Managing your money never entirely stops, especially since retirement means living exclusively off of your assets and investments. That said, your involvement with your money can change considerably. After a life spent actively building your portfolio, choosing assets and trying… read more…
- How Long Will $800,000 Last in Retirement?
Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren’t enough on their own. This is why it is crucial to have retirement savings of… read more…
- How Long Will $250,000 Last in Retirement?
If $1 million will afford you a comfortable retirement, how far would a quarter of that amount go? It might surprise you to know you can make $250,000 last for decades in retirement. While you’ll need a detailed plan and… read more…