Retirement budgeting is fundamentally different from budgeting during your working years. Income becomes relatively fixed, ...

If you know how much money you need in the bank to comfortably retire, you're in the minority: Only 1 in 10 people make such a calculation, according to the Transamerica Center for Retirement Studies.

Understanding your full retirement age (FRA) is crucial for maximizing Social Security benefits. It marks the age at which ...

Using an IRA calculator helps you identify the best contribution strategy to maximize your retirement savings, especially if you don’t have access to a 401 (k). If you’re part of a defined benefit ...

“As a starting point, you’ll need to estimate your retirement expenses,” said Rita Assaf, vice president of retirement ...

Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...

Underestimating your lifespan can lead to saving too little and retiring too soon. Here's how longevity literacy can help you plan more effectively. Vikki Velasquez is a researcher and writer who has ...

It pays to calculate RMDs (Required minimum distributions) as you approach retirement or if you are already retired. RMDs are the minimum annual withdrawals you must make each year from most ...

If you work part-time or have worked part-time under the Federal Employees’ Retirement System, that time still counts toward your retirement eligibility. You don't need to tack on extra years just ...

It's difficult to determine exactly how much money is enough to retire comfortably. Households earning $50,000 or more will need about 80 percent of their pre-retirement earnings to maintain their ...