Blog tagged as Retirement Savings

You know the sources of your income today, but do you know what retirement income sources you’ll need to allow you to live comfortably later?

You’re probably already saving for the next big chapter in your life—contributing to retirement accounts, building up your nest egg, and maybe even cutting down on your current spending.

If you worry that your retirement savings won’t last as long as it needs to, you’re not alone. Forty-nine percent of pre-retirees are concerned about outliving their money..

It’s hard to prevent money matters from feeling personal — after all you’ve worked hard to save for retirement. But removing emotions from financial decisions can help set you up for future success.

Consider it the new normal: planning for financial success in uncertain times. While it can be tempting to hold off on making decisions or taking action, waiting to see what changes future legislation may bring isn't likely to help you reach your retirement goals.

Inflation has reached a level Americans have not experienced in decades. The rising cost of goods can chip away at retirement funds, and most people expect inflation to increase.