Saving for Retirement
With all the day-to-day expenses and responsibilities that come with American life, how does one find the money to save for retirement and the time to formulate a plan? If you feel this way you are not alone. According to the Employee Benefit Research Institute just 14% of American workers are very confident they will have enough money to live comfortably in retirement. Below are some tools and resources to create a plan for retirement:
Two articles featured on the blog Squared Away interview retired residents from Savin Hill Apartments in Dorchester. The interviews, which were videotaped, asked the residents about their decisions they made during their working lives that have affected their financial security in retirement.
Are you ready for retirement? The AARP website has some good information to check out, including a retirement calculator.
Check out AARP's retirement calculator to see if you’re on track.
This site helps newly-retired adults manage their money to make sure they are on the right track. My Retirement Paycheck is run by NEFE.
Need information on retirement and don't know where to start? This site explains everything about 401ks, from what they are, how to attain one to success stories. It is run by…
- AARP, a non-profit advocacy group for seniors
- FINRA, a federal securities regulator
- RSP, a retirement security project run by Brookings Institution.
Compiled by Forbes Magazine, see if any of them pertain to you.