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.

Most Read Retirement Articles

Retirement Tips From Financial Guru Suze Orman

Make the right moves, and you can retire rich. Here's what money expert Suze Orman recommends.

Read More »

7 Things Everyone Gets Wrong About Social Security

Check out these common myths about Social Security.

Read More »

Watch Out for These Retirement Gotchas

Planning to retire rich? Watch out for these mistakes that eat up retirement savings.

Read More »

Retire Without Debt With These Hacks

Learn how to retire your debt before you stop working.

Read More »

Revocable Trusts, Irrevocable Trusts and the 6 Other Trust Accounts You Can Open

Trusts can be used to ensure your assets and wishes are protected during and after your lifetime.

Read More »

25 Hidden Obstacles That Keep People From Retirement

Think your retirement is a wayward dream? Here's what's holding you back.

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.


Featured In: