Planning your retirement by creating a solid nest egg is a dream of most individuals. After all, everybody dreams of stopping work at the age of 50 and then probably retiring to the hills and spend time at leisure. But that is easier said than done. Post retirement...

On the surface, retirement planning hasn’t changed all that much over the years. You work, you save and then you retire. But while the mechanics may be the same, today’s savers are facing some challenges that previous generations didn’t have to worry about. First of...

Create a Budget This is your current budget, which takes into account all of your present-day income and expenses. While you should have some idea as to what you’ll need to save per month based on your retirement goals, you also need to make sure that you have that...

When you are in your 20s and 30s, retirement planning seems like a task for later years. While it's true that you should seize every moment and make the most of your present, at the same time, it is crucial to plan for the security of your future. You will need a...

Life does not move in a straight line, which means everything from your net worth to your investments to your retirement plan will likely experience a setback at some point. You could lose a job, the market could crash, you could face a health-care crisis and more....

Retirement planning includes a lot more than simply how much you will save and how much you need. It takes into account your complete financial picture. Your Home For most People, the single biggest asset they own is their home. How does that fit into your retirement...

Years ago, retirement-focused investors would have likely put their money in a balanced mutual fund, which typically consists of 60% equities and 40% bonds. While that asset mix is still popular among savers today - you get some growth from stocks and some protection...

Amid inflation, finding extra money for an emergency fund is probably harder - and more daunting. The latest inflation data from the government’s consumer price index report for September doesn’t help. It showed on Thursday that despite efforts by the Federal Reserve...

While your investment portfolio is a big part of the net worth equation — which you can calculate by adding up the value of your assets and subtracting your debt — it’s not the only thing that can potentially contribute to your financial well-being in retirement. Here...

The idea of early retirement planning is still not very prevalent in India. If we ask people living in towns and villages, we will still find them depending on their children post-retirement. While retired public sector employees can count on their pension, others are...