planning for retirement

Stop Treating Your Retirement Account Like a Piggy Bank

We all know how important it is to set money aside for retirement. Unfortunately, when it comes to building a nest egg for their golden years, millions of Americans are moving in the wrong direction by taking money out of retirement accounts early.

7 Tips for People Who Will Retire in 2013

The oldest baby boomers will turn 67 in 2013. Many of this first wave have already retired, while others may be contemplating taking the plunge this year. Here are some tips for those planning to retire in 2013:

In Retirement Planning, Don't Forget to Do the Emotional Math, Too

Many financial advisors might make retirement planning out to be an exact science. Their financial calculators will spit out hard numbers, detailing almost to the day when you can quit working. Reality, however, isn't So exact, and those calculators miss a host of subjective emotional factors that you shouldn't ignore.

The 10 Most Tax-Friendly States for Retirees

When deciding where to live in retirement, people usually consider climate, cost of living, and proximity to friends, family, and their favorite activities. Well, state and local taxes should play a role in the choice to, because they'll surely have an impact on your finances.

Even the Rich Can't Retire When They Planned to Anymore

The long recession and slow recovery have forced millions of average Americans to give up their dreams of retiring at 65. But you might be surprised to learn than even among those who have quite a bit of money stashed away for retirement, the vast majority are planning to work longer, too.

Why It Doesn't Pay to Be Too Optimistic Financially

When it comes to managing financial matters, you can't go wrong by hoping for the best but planning for the worst. In other words, underpromise and overdeliver. What does that look like in real life? Read on for some figures and calculations that point the way towards prudent retirement planning.

Don't Let Bad Planning Ruin a Lifetime of Saving

Even if you've saved enough to live comfortably, the golden years don't buy you a reprieve from money worries. In fact, being retired can make you even more vulnerable to fiscal strife, if you're not prepared. Consider Tom Binns, who retired after a lifetime of savings, only to find that financial responsibilities didn't end with his 9-to-5.

Top Tips for Empty Nesters to Protect Their Nest Eggs

With graduation season upon us, a new batch of parents are about to become empty nesters, and there are host of hidden costs can sneak up on them. So we've asked some personal financial advisers for their best advice on protecting your nest egg after the children are grown and gone.

Retirement Planning, Decade by Decade

Retirement planning is no slam-dunk. To make sure you retire in comfort, you have to start saving early and often. You need to pay attention to your...

Taking the next step...

My road to financial freedom has been a bumpy one...to say the least. I'm learning that I have to think about today and tomorrow at the same time....