Business Intelligence | From W.D. Strategies on MSN

How Much Income You Really Need as a U.S. Citizen to Feel Secure in Retirement

The reality about retirement income needs in America might surprise you. Most financial advice suggests targeting around ...
If you’re working and collecting a steady paycheck, you’re hopefully saving some amount of money for retirement each month.
Nearly 90% of non-retired Americans worry about generating income in retirement, with more than half fearing they'll outlive ...
Many retirees are unprepared for the switch from saving to spending. Here’s how to turn your retirement savings into steady, sustainable income for life.
Only 10% of Americans delay Social Security until 70. Waiting could mean thousands more in lifetime retirement income.
Your income affects the amount you need saved, since you'll probably want to maintain a similar lifestyle when you retire as ...
“As a starting point, you’ll need to estimate your retirement expenses,” said Rita Assaf, vice president of retirement offerings at Fidelity. Take a look at your bank statements, see what your current ...
Many retirees overlook legal ways to raise Social Security. See how voluntary suspension, the 12-month do-over, timing, and tax choices can boost checks.
Financial planners recommend saving around 75% of your pre-retirement income for retirement. Using the 4% rule, you can calculate how much you need to save in total.