A NerdWallet survey found that just 23% of Americans had evaluated their progress toward retirement savings goals in the past ...

Add your annual pre-tax income, monthly contributions, and your estimated monthly budget in retirement to calculate how much ... total (“What you’ll need”), our default assumptions include ...

Yes, you can claim Social Security benefits as early as age 62, but your benefit will be permanently reduced. The reduction ...

The earlier you understand what the finances of your retirement might look like, the better able to plan you'll be. Meeting the financial needs of your later years requires discipline and above ...

Deduct all those sources of income from your budget, and you’re left with what you’ll need to fund each year. The retirement rules below can help you determine the assets you need in order to ...

The best way to determine your savings target ... So for example if your projected retirement expenses exceed Social Security and pensions by $20,000 a year, you might need a nest egg of $300,000 ...

With a 15% savings rate, even those earning well below the U.S. median income of $80,610 can still build up $1 million in ...

Individuals with a combined income between $25,000 and $34,000 may be taxed on 50% of their Social Security benefits. If your ...

These secrets can spell disaster for your retirement plan ... If you’re already retired and didn’t calculate how much income you would need to cover monthly expenses, you might have to ...

Choose the appropriate type. Your goals will determine which annuity type you should choose. For example, if you’re nearing retirement and need immediate income, an immediate annuity may be a ...