Retirement Savings

How much money do you really need to live well in retirement? While $1 million tends to be the conventional number thrown around by financial planners, the reality is that many of the warmest and most beautiful places in the world are also some of the most affordable areas to live. People willing to move […]

After decades of productivity and setting aside a portion of your paycheck, you eventually hit retirement age. Now you need to plan how you will make withdrawals from your savings to meet your living expenses in retirement. The IRS requires retirement account holders to start taking mandatory withdrawals from their qualified retirement accounts once they […]

Key Takeaways Super savers push back against “lifestyle creep.” Keeping up with the Joneses will eat up your savings. Instead, identify the activities and experiences that actually make you happy and budget for those. Cut out the rest. Super savers are proactive about avoiding impulse purchases. Impulse buys are not in the budget and online […]

Key Takeaways Estimate your retirement expenses: Choose an approach that makes sense for you, whether it’s making a detailed list of necessary and discretionary spending, or using an online calculator. If you can lower your retirement expenses, then you won’t have to save as much to reach your target goal. Calculate how much you’ll need to […]