Planning for retirement is about more than just building a nest egg. It’s also about understanding how to manage that money once you’ve left the workforce. One of the most important steps in ...

Hello, baby boomers and seniors! As you step into retirement, one of the most crucial things you need is a solid budget. But don’t just think of a budget as a boring old spreadsheet — consider ...

This story focuses on the budget method, since hitting 70 to 80% of your gross isn’t necessarily going to work for everyone. “That’s a target, a benchmark,” said Joe Ready, executive vice ...

Probably the biggest concern facing retirees is that they will run out of money. After all, there are so many variables that ...

In the last stage, health care costs consume a greater share of a retirement budget—18% for those over 85, compared with 9% for those 50 to 64, according to an analysis by the Employee Benefit ...

Well before you get to retirement, you’ll want to track your budget. Whether you’re the detailed spreadsheet type, or the “I’d-rather-be-doing-anything-else-but-budget” type, here are ...

Creating a retirement budget can help alleviate that anxiety and set you up for financial success later in life. A retirement budget should… Click to toggle navigation menu.

For each of the past two years, they lived off just $7,000 ($3,500 each), all while traveling the country full-time. The budget is part of their journey to join the FIRE (financial independence ...