Finance
Take a Deep Breath: Don’t Overreact to Market Moves
Some anxiety is normal during volatile times, but remember to commit to the long game with your investments.
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.
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.
His allotment was stopped by mistake during the transition to a new TRICARE contractor. Have you checked your pay statement?
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.