Retirement planning is an essential part of personal finance, but it can also feel overwhelming. It doesn’t have to be! If you understand a few key principles and can be disciplined in small ways, you can build a nest egg that will support you when you’re able to stop working. Consider the following “secrets” to …
The question of how to retire early is a common one. For many people, early retirement is more than just a dream. Many people can retire early by following a good strategy, working hard, and persevering. Several decades ago, retiring at 60 rather than 65 was considered “early retirement.” Today, the way people view early …
Retirement plans have traditionally consisted of three main components: personal savings, Social Security, and a defined benefit pension plan that provides lifetime income. Things have changed quite a bit in the last couple of decades as most Americans no longer have an employee-sponsored 401K retirement plan. Instead, individuals are increasingly responsible for establishing and managing …
Many of you may have thought about early retirement. Why not consider it? Working life can take up a lot of time, and it’s normal to imagine what it would be like to retire with plenty of time to enjoy the fruits of your labor. Early retirement is becoming an increasingly popular choice for many …
