Retirement — and the passage to relying on retirement income — marks a crucial shift in your financial life. Sure, you can now stop spending so much on new suits and long commutes. But ...

These limits aren't changing in 2025. There are benefits to saving for retirement in an IRA that a 401(k) plan can't match. This is important information if you're trying to build your nest egg.

One of the trickiest parts of retirement planning is determining how much you need to save. Your number may vary widely from others your age, depending on factors like the cost of living in your ...

Everyone's retirement needs will be different, so it's crucial to have an individualized plan. By calculating your unique goals, you'll be much more prepared for retirement. Factors like Social ...

There is a cornucopia of choices available to people who want to save for retirement. However, the 401(k) plan and the Individual Retirement Account (IRA) are the two most common. Both are solid ...

Experts recommend saving 10% to 15% of your income each year, but understanding how much money you need for retirement will require more personalized planning. Many, or all, of the products ...

Military members can also take advantage of federal retirement savings plans. The federal government offers two retirement plan options for military service members. These are the Legacy ...

American workers have no shortage of options for selecting the best retirement plan. Most people are eligible for more than one retirement plan. 2024 retirement plans generally offer tax advantages.

The Civil Service Retirement System (CSRS) is a system that provided retirement, disability, and survivor benefits for most U.S. civilian service employees working for the federal government.

Commissions do not affect our editors' opinions or evaluations. Target date funds are designed to simplify retirement investing. When you purchase a target date fund, you get a diversified ...

Requires a $3,000 minimum investment. Vanguard’s target-date fund for those already retired is the Vanguard Target Retirement Income Fund (VTINX), which features a bond-heavy strategy designed ...

Paul Katzeff is an award-winning journalist who has written four books about how to grow your 401(k) retirement nest egg and one about internet investing. He has worked as a senior reporter/writer ...