Finance
Social Security ‘Do-Over’: 2 Ways You Can Change Your Benefit Claim
Looking for a reset in retirement? Follow these steps.
Retirement planning is the process of developing your retirement investing and savings goals and programs for a future retirement. Plus, it will help you create income and make your assets last throughout your retirement years. Sources of retirement income can include:
Even if you plan to make the military a career, don't assume that you military retired pay and Social Security will be enough to meet your needs. Too many people wait until their mid-to-late 40s to start seriously planning their retirement. This is a big mistake. Saving $250 a month at age 25 will yield approximately $872,000 at age 65 with an 8 percent return. Waiting until age 45 to start saving yields only $147,000 at age 65 - a $725,000 difference!
Below you'll find articles, publications, links and more as you begin your planning. Some of the resources are available only to MOAA Premium and Life members; click to learn more about the benefits of membership.
Looking for a reset in retirement? Follow these steps.
Some anxiety is normal during volatile times, but remember to commit to the long game with your investments.
These veterans have stayed mission-focused since leaving service.
From sorting out finances to finding a purpose in later years, these tips may help with a sometimes-worrying journey.
MOAA's financial expert breaks down your options.
Developing a plan can help ensure your golden years meet your expectations. Here's how to prepare.