States Where Saving $1 Million for Retirement is Easiest

10 States Where Saving $1 Million for Retirement is Easiest

Saving up a retirement fund is important, but money is not the only factor that will impact how you spend your golden years. Depending on where you end up living, your location will decide just how far your money goes and how much you can earn. For many, this is all they need to know to convince them to relocate to another state entirely. If you have a modest retirement fund—or want to make it last as long as possible—consider moving to one of these states where saving $1 million for retirement is easiest. As for those who still have years to go before they can enjoy their nest egg, living in one of these low-cost places will help you save at a responsible rate.

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catch up on saving for retirement

5 Actions That Can Help You Catch Up on Saving for Retirement

Saving up for retirement can be terrifying, but it gets even scarier when you realize how much you have to do in so little time. Maybe you lost it all in a bad real estate investment or disaster struck economically. Maybe you haven’t been saving as vigilantly as possible. Maybe you haven’t saved at all. Well, you can still retire—provided that you’re willing to put in the work. For those looking to catch up on saving for retirement—or those who want to amp up their nest eggs—these tips will help decrease the gap.

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Exciting Things to Do When You Retire

20 Exciting Things to Do When You Retire: Part 2

This is part two of a two-part series, “20 Things to Do When You Retire.”

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Exciting Things to Do When You Retire

20 Exciting Things to Do When You Retire: Part 1

This is part one of a two-part series, “20 Things to Do When You Retire.”

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waterfront retirement locations

7 Waterfront Retirement Locations

Sandy beaches, endless waves, and seaside views—retirees deserve it all. In fact, those in their golden years often endeavor to spend the reinvention phase of their lives by beautiful beachy properties. If you long to walk along the ocean or river as you enjoy the benefits of your hard-earned nest egg, then add these waterfront retirement locations to your list.

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planning your retirement in your 50s

A Guide to Planning Your Retirement in Your 50s

As you continue planning your retirement in your 50s, you may feel stressed or unsure about your nest egg prospects. Because you’re coming closer and closer to your twilight years, you know just how important it is to be ready for retirement. If you still have concerns—or want to remain on track for your goal—consider the following pieces of advice.

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hidden retirement fees

5 Hidden Retirement Fees to Watch Out For

With your retirement comes costs: medical care, rent or mortgage payments, and daily needs. Because you won’t have much—if any—money coming in, you need to keep yourself protected from hidden retirement fees. Here’s how to recognize this monetary surprise attacks and what they’re called.

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financial must-have for single parents

6 Financial Must-Haves for Single Parents

Being a single parent can introduce monetary challenges into your daily life, making it harder to bounce back from debt and setbacks. It also means that you may have less financial support to work with, which can prove terrifying and stressful. And as for retirement—it’s much harder to save up a substantial nest egg. However, if you employ these financial must-haves for single parents, you can work responsibly on your fiscal gaps.

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Retirement FAQs answered

5 Retirement FAQs Answered

Saving for your retirement is a long, nuanced process. Because of the many complications involved, few people know the full deal about getting ready for the time when they are no longer working. However, with these retirement FAQs answered, you’ll know more about one of the most important goals in your life.

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why young people should expect later retirements

Here’s Why Young People Should Expect Later Retirements

Though some young Americans aim to retire by age 60, statistics show that they ought to accept that they’ll probably be in the workforce for a whole decade beyond that. That means 10 more years on the clock, saving up for retirement. Due to a host of different factors, hopeful retirees will have to adjust or abandon their current plans for their golden years. Here’s just why young people should expect later retirements—and what they can to do improve their future financial standing.

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