It might seem too early to discuss retirement savings and implications, but in reality, the sooner you start saving, the better state you will be in once you are in retirement! Your future self will thank you for investing and saving earlier on rather than later.
If retirement is an unfamiliar concept to you, or if you’d like to know more about what topics surround retirement, explore the resources on this page to get started.
|My Retirement Plan|
|Do you ever wish you knew more about personal finance? No matter where you are in your financial journey, there always is more to learn. Smart About Money (SAM)’s free online courses are not intended as financial advice, but as a starting point to raise awareness, to increase skills and knowledge related to personal finance, and to guide you to helpful resources.
This is a thorough overview.
|Retirement Resource Center|
|The Senior Citizens League’s Retirement Resource Center is a compilation of hand-picked resources that help meet the unique and dynamic needs of those who are preparing to retire, and those who already are retired. There are various categories that will be relevant to you, so get started!|
|Must-Knows for Beginners About Saving For Retirement|
|If you are a beginner in the financial world and think the last thing you need to worry about is retirement, think again. Here’s how to decipher the alphabet soup of retirement accounts and motivate yourself to start investing today. This quick and easy-to-read article provides a good introduction to the basics.|
|Investopedia: Why Plan for Retirement?|
|You hear how saving for your retirement is a necessity all the time, but it’s important to understand why people need to take retirement into their own hands in the first place.|
|Retirement Plan Basics (by WISER Women)|
|Women’s Institute For A Secure Retirement (WISER) is dedicated to improving the long-term financial security of all women through education and advocacy. This link contains basic questions women thinking about retirement should ask. Further resources on the side bar and website will help you to understand the different types of retirement plans and what you should do to make sure you get the most out of your plan.|
|Types of Retirement Plans|
|The various retirement plans available are easier to understand than you might think, although each is subject to its own limitations. A comparison can help you identify which is best for you.|
|Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Investopedia breaks it down for you in this resource, detailing where you should be at the different stages of your life, and what goals and actions need to happen.|
|How To Retire Early|
|If you want to know how to retire early, these strategies can make our break you financial security. Changing the time-frame will also change many other aspects of retirement planning – but not everything. It’s important to understand the differences. Read on to learn more.|
|Do you know what it takes to work towards a secure retirement? Use this retirement calculator to create your retirement plan. View your retirement savings balance and calculate your withdrawals for each year. Social security is calculated on a sliding scale based on your income.|