Retirement Planning

As you near retirement, you need to consider how your cash flow will change. Where you want to live is one of the most consequential decisions you may make. Should you age in place or downsize?

Think retirement is boring? Think again. Here’s what I learned after spending one week in Florida (and how it may impact my advice going forward).

As many of us approach retirement, one of the key financial questions homeowners face is: should you pay off your mortgage before crossing into this exciting new phase of life? There’s no easy answer. You must consider many variables, weighing both financial and psychological factors.

The 4% rule is a popular retirement withdrawal strategy that suggests retirees can safely withdraw the amount equal to 4% of their savings during the year they retire and then adjust for inflation each subsequent year. Here’s how it works and why there are doubters.

Recent changes to RMD rules are confusing taxpayers. But there is some good news to celebrate, and changes to be aware of.

How much do you need to retire with confidence? Is there a magic number? Let’s explore how much is enough and how you can achieve your goals.

Most retirees depend on their Social Security benefits for cash flow during retirement. There’s a lot of speculation about whether Social Security benefits will disappear after 2023, when the OASI Trust is expected to be depleted. Will Social Security be there when you need it?

There’s good news and bad news on the retirement front. The good news: Nearly two-thirds of workers and retirees are confident that they will have enough money to live comfortably throughout their retirement years. The bad news: that level of confidence is far below what it was just one year ago.

As you near milestone dates, you may find yourself thinking about retirement. In addition to thinking about it, you should take some action. Here are five things you need to do as you approach retirement.

Heading into retirement, the last thing you want to worry about is money. It’s essential to understand how you can create a steady income stream and avoid common mistakes.

It can be confusing to figure out when to begin taking Required Minimum Distributions. Here are some rules to be aware of.