Planning Archive

How To Setup Your First Retirement Savings Plan

With retirement so far away and so many other expenses that need to come out of an entry-level paycheck, saving for retirement can seem like a luxury. But even with student loans, rent, and utilities that need to come out of our monthly earnings, starting a retirement fund early can pay off exponentially in the future.Putting away money starting with your first paycheck can allow …

How Much Do I Need To Retire? (Infographic)

Whether you’ve just entered the workforce or you’ve been working on your career for a few years, you’re probably thinking about the day that you can securely retire. But even if that day is far, far away, you’ll want to begin making a retirement plan to ensure your ready when the time comes.But with your retirement date so far off in the distance, it can …

9 Types Of Retirement Plans For Young Adults

Retirement planning at any age is a daunting task. When you consider starting in your 20s and 30s, things really become complicated. For starters, car payments, insurance, and rent take up the bulk of your income. Follow this by adding the student loans, cell phone, gas, food, and entertainment. There is not much left for retirement accounts. You may feel as though you are in …

Can’t Wait Until 65? How To Retire Early

Most people see 65 as the standard retirement age. It's not necessary to wait that long, with retirement possible as early as 50 or even earlier. We know we don't want to wait until 65, and you shouldn't have to either.The exact amount a given individual needs to save for retirement varies greatly. The general rule is save enough to generate about 80% of your …