When It’s Time to Stop Saving for Retirement

Going from saver to spender is mostly a matter of psychology It’s Time to Wind Down You’ve done all the right things—financially speaking, at least—in saving for retirement. You started saving early to take advantage of the power of compounding, maxed out...

Savings by Age: How Much to Save in Your 20s, 30s, 40s, and Beyond

No matter what stage of life you’re in, one thing will always remain the same: You’re never too young — or too old — to save money. Using your age can be a helpful way to calculate your potential savings and estimate how much money you should save for various life...

When It’s Time to Stop Saving for Retirement

Going from saver to spender is mostly a matter of psychology It’s Time to Wind Down You’ve done all the right things—financially speaking, at least—in saving for retirement. You started saving early to take advantage of the power of compounding, maxed out...

4 ways to save enough now to retire in 10 years

If you want to retire in 10 years, it might be possible. But it’ll require some work. Getting your finances in order now can help you meet your goal later. While everyone has a different budget and circumstances, it might be possible to retire comfortably sooner...

27 Tips for Saving Money After Retirement

More people are retiring with less savings than they need to be comfortable. Much less. According to Northwestern Mutual, 21% of Americans have no retirement savings at all. The Government Accountability Office (GAO) says around 29% of households age 55 and older have...

What Is an Annuity?

Annuities are contracts issued and distributed (or sold) by financial institutions where the funds are invested with the goal of paying out a fixed income stream later on. They are mainly used for retirement purposes and help individuals address the risk of outliving...