All You Need to Know About Retirement

The average age of retirement is 62, but most Americans wind up working long past that age to make ends meet. When thinking about your future, ask yourself what you want out of life. For some, working doesn’t sound all that bad. Others, however, dream of traveling around the world, spending quality time with their children and grandchildren, or even doing the unthinkable and retiring early.

How to Prepare for Retirement: Easy Tips to Get Started Right Away

  • Contribute to your company’s 401K plan if you have that option
  • Open a Roth IRA and contribute as much as you can per year ($5,500 for those younger than 50; $6,500 for ages 50 and up)
  • Live below your means
  • Pay down as many debts as you can, including your mortgage
  • Don’t touch your retirement savings

Read on below for more information about retirement plans and strategies.

Featured Advisors & Planners

Most Read Retirement Articles

7 Splurges That Will Spoil Your Retirement Plans

Dreaming of a fun-filled retirement? Don't let the urge to splurge ruin your plans. Avoid these financial missteps so you can retire comfort...

17 Clever Ways to Save More for Retirement

Think you don't have the discipline or room in your budget to save? Think again. Use these strategies to boost your nest egg.

10 Quick Steps to Plan for Retirement in Your 30s

Retirement might be decades away for you but now is the time to start laying the groundwork for a secure future. Here are a few ways to get ...

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.