Financial Planning

The answer depends on how much equity you have built up in your home—and what you expect your retirement expenses to be.

A retirement coach shares her tips on how to transition into your next phase of life—together.

An early retirement requires more than a couple million stashed away. By minimizing taxes on income and gains, you can live well—and your money will keep growing.

Maxing out your retirement contributions can be a key step towards building wealth for the future. Plus, it allows you to get the most out of your money due to compounding interest and tax advantages.

No matter your age, you should be vowing to boost your retirement savings to enjoy the life you lead (or more!) in the future. Betterment can help you do that.

Only 52 percent of Americans expressed confidence that they will be comfortable in retirement. Chances are people know they're not putting enough aside or they simply have no idea how much they will need to continue the life they lead and the one they want for the future.

It’s really hard to plan ahead and it’s really hard to save. It’s crazy that we expect people to do these things on their own.

When we think of saving for retirement many of us visualize a life of ramen noodles and nights in front of the TV. Saving ain’t sexy and we’re suffering because of it (56% of all workers say they have less than $25,000 in savings according to a survey by the Employee Benefit Research Institute).

I had a sinking feeling reading more bad news on retirement. We keep getting nagged to save more (Americans being poorly prepared for the future and all) – so we do and then we find out our savings are being drained by excessive fees. Argh! Hello brick wall, I think you’ve met my head before.

To kick your savings into high gear, create an emotional connection to your future self. Research shows that people who interacted with their future selves were more willing to improve savings.