retire

Here are some things to consider before deciding to retire in another state

Here are some things to consider before deciding to retire in another state

His skin | E+ | Getty Images Thinking of retiring to another state? You’re not alone. A United Van Lines study found the percentage of people retiring to a new state rose to 18.3% in 2021 from 13.4% in 2015. However, making the move is not a simple decision, as there are a myriad of …

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Can you still retire with $1 million?  That's what today's millionaires want to know.

Can you still retire with $1 million? That’s what today’s millionaires want to know.

OK, so a million dollars isn’t what it used to be. That’s the worry of a surprising number of American millionaires. At least that’s what fund management giant Natixis, which owns bond boutique Loomis Sayles, among other companies, reports. Natixis surveyed around 1,600 people with at least $1 million in “investable assets”. And just over …

Can you still retire with $1 million? That’s what today’s millionaires want to know. Read More »

I'm 56 and plan to retire at 62.  I will have both public pensions and social security - but I also have a child starting college that I want to pay for.  Do I need professional help?

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help?

Getty Images/iStockphoto Question: I’m 56 and work for a state university, so I will have a state retirement plan. Previously, I worked full time and contributed to social security for 20 years. I still work part-time and contribute to social security. I plan to retire in six years when I turn 62, and recently started …

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help? Read More »

Here’s how much you should save to retire with $150,000 a year

Image source: Getty Images Whether you like it or not, retirement is closer than you think. Key points The earlier you start planning for your retirement, the better your chances of achieving your goals. Planning to live with a guaranteed income can ease the stress of planning for retirement. Living with a guaranteed income means …

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Can you retire with $1 million?  Here's how far it will go

Can you retire with $1 million? Here’s how far it will go

Becoming a millionaire seems like a surefire way to live comfortably in retirement, but is it really? More than a third of millionaires say it will take a miracle for them to have a secure retirement. That’s according to the Natixis 2021 Global Survey of Individual Investors, which surveyed 1,617 people who had accumulated at …

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Can't afford to retire?  Why "working longer" isn't good retirement advice.

Can’t afford to retire? Why “working longer” isn’t good retirement advice.

Financial planners generally advise you to work as long as you can, so you can increase your retirement savings while waiting for a larger Social Security check. But such advice assumes you have the luxury of deciding when to stop working. Tens of millions of Americans do not. Here’s the truth: retiring early, even at …

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I'm a 61-year-old flight attendant who wants to retire at 70.  I'll have a pension of $900 a month and I'll get Social Security, but I only have $150,000 in my 401(k).  Should I get professional help?

I’m a 61-year-old flight attendant who wants to retire at 70. I’ll have a pension of $900 a month and I’ll get Social Security, but I only have $150,000 in my 401(k). Should I get professional help?

This flight attendant seeks financial help from an advisor, but how do you choose the right one? Getty Images Question: I think I need a financial advisor. I’m 61 and plan to retire at 70. I am a flight attendant and will receive a pension of just over $900 a month. I have a 401(k) …

I’m a 61-year-old flight attendant who wants to retire at 70. I’ll have a pension of $900 a month and I’ll get Social Security, but I only have $150,000 in my 401(k). Should I get professional help? Read More »