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.
overview
Social Security Retirement Benefits | |
Social Security is part of the retirement plan for almost every American worker. It provides replacement income for qualified retirees and their families. These resources can help you better understand the program, the application process, and the online tools and resources available to you. | |
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! | |
resources
Annuity vs 401(k) Guide | |
Annuities and 401(k)s are long-term investment plans designed to help you fund your retirement. Learn more about which option matches your retirement goals. | |
23 Things Beginners Absolutely Must Know 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. | |
What is Retirement? | |
Retirement is when someone leaves the workforce for good. How much to save for retirement depends in part, on how long you’ll expect to live in retirement and how much annual income you’ll need to live comfortably. | |
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 | |
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. | |
Retirement Calculator | |
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. | |
How Retirement Communities Work | |
This retirement community overview explains the four main types of retirement communities, how they work, and their approximate cost. | |