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 ...

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 ...

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

On a scale of 1 to 10, how confident are you in your retirement plan? This quick quiz will help you find out if it's on track ...

the risk that you will outlive your money. Doing so can involve more than simply putting extra cash into a retirement account. “People need to reframe how they plan for retirement,” says Evan ...

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 ...

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 ...

Traditional thinking around how much people need to save is no longer sufficient. Consider your personal retirement needs when deciding how much to save and withdraw each year. Investing too ...

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

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 ...