Everyone wants to have a comfortable retirement, but nobody
wants to plan for it. Unfortunately you can't have one without
the other.
When do you want to retire? Where do you want to live? In
this section, MsMoney.com helps you determine your retirement
goals, estimate how much you need to save to meet those goals,
evaluate your current savings plan, and implement changes,
if necessary.
The best way to save is through government and employer-sponsored
retirement accounts, such as IRAs, 401(k)s, and Keoghs. See
what options are available to you and discover why these accounts
provide the most effective way to save money. In this section,
you will learn the power of compounding.
These days, retirements are longer and more active than ever
before. By creating an effective retirement budget and developing
a savings withdrawal plan, you can make your retirement financially
sustainable.
If you want to retire or switch to part-time work when you
reach 55, you face special challenges, like paying for health
insurance and having a steady income stream until you receive
retirement benefits. We'll show you what your options are
and help you devise a plan to make early or semi-retirement
work for you.
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