How might you go about creating a retirement income plan ... is what I truly need and so I'm going to cut out my restaurant budget or go into the spa or the nicer gym, right?

Creating a retirement income plan starts with preparing a realistic budget. Many people underestimate their spending or don’t know where to start. In situations like this, I have found it ...

Retirement is a new chapter in your life, and your budget will need to reflect that. Some expenses will decrease — like commuting costs and work clothes — while others, like health care and ...

More Americans than ever are dipping into their retirement prematurely ... "Housing and food costs, essential parts of any family's budget, have surged, while many salaries have struggled to ...

Building specific healthcare reserves into your retirement budget, such as a health savings account plan. The psychology of retirement planning shares many similarities with successful business ...

She likes making lists of potential splurges outside of her monthly budget and then reviewing them all at the end of each quarter before deciding whether or not to buy the item. That way ...

Inflation reduces the purchasing power of every dollar you’ve saved. A retirement budget that seemed secure just a few years ago might not be enough today. For example, Utah’s cost of living ...

“It’s important to build this into your retirement budget and keep an eye on rate changes each year,” Cummings said. There are also the smaller bills that sneak up on you, such as ...

Few of us can afford to splurge day in and day out, especially on the fixed income of retirement ... that there’s a big difference between a budget-busting lavish lifestyle and taking frugality ...

In the calculator, input your age, current savings, monthly contributions and monthly retirement budget. You can also adjust factors like retirement age, rate of return, life expectancy and ...