If you’ve ever wondered what a good monthly retirement income is, you’re not alone. The short answer is that most experts say you should aim for 70% to 85% of your pre-retirement income to maintain ...
A statistical analysis of 20,000 retired workers uncovered a clear bifurcation between actual and optimal Social Security ...
Retirement planning can feel like a balancing act, especially with the cost of living still climbing and interest rates fluctuating. And, with other hurdles like stock market volatility still looming, ...
Roughly two-thirds of Americans who will reach retirement age between now and 2030 will struggle to meet their financial needs in retirement.1 They will have less than $500,000 saved by the time they ...
Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. Are you worried that you won’t have enough money to last ...
Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Klaus Vedfelt / Getty Images You’ve spent decades building your nest ...
When Americans think about how much savings they need to retire, they often think in terms of retirement account balances. You might set a retirement savings goal of $500,000, for example. Trending ...
For retirees, monthly dividend payouts feel like a second paycheck, helping cover groceries, utilities, and daily expenses without having to sell investments. They have the potential to provide a ...
Retirement planning can feel like trying to hit a moving target. Just when you think you've figured out the magic number for a comfortable monthly retirement income, issues like rising costs, market ...