Retirement 101 From 401(k) plans and Social Security benefits to asset management and medical insurance, your complete guide to preparing for the future you want
Book - 2025
"How much do I need to retire? Can I retire early? What's the retirement age, anyway? No matter whether you're twenty-five, sixty-five, or any age in between, you probably have questions about retirement and knowing the answers is the key to planning your future. And with changes to essential retirement structures like investment accounts, social security and Medicare, it's important to stay up to date for your own benefit. Whether you want to retire as soon as possible or are looking forward to continuing to work in some form for as long as you can, Retirement 101, 2nd Edition guides you through each step as you approach this life-changing milestone. Now this 2nd edition includes updated information on: -Social security... and Medicare -Investment account contributions -Required minimum distribution rules -Student debt payments -Enrollment changes -And more! From how to save for the day when you stop-or scale back-working to smart investment strategies to the best states to retire in to how to calculate your benefits, Retirement 101, 2nd Editions helps you create a retirement plan to accomplish your goals whatever they are"--
- Subjects
- Published
-
Stoughton, Mass. :
Adams Media
[2025]
- Language
- English
- Main Author
- Edition
- 2nd edition
- Item Description
- Includes index.
- Physical Description
- 287 pages : illustrations ; 19 cm
- ISBN
- 9781507223819
- Introduction
- Chapter 1. What is Retirement?
- The Truth About Retirement Savings
- What Does Retirement Look Like?
- Different Takes by Generation
- Secure Acts Affect Retirement Savings
- Future Changes and Challenges
- Chapter 2. When Can You Afford to Retire?
- Plan for Retirement at Any Age
- When Are Your Savings Enough?
- Take a Deep Look at Your Finances
- Get Rid of Debt
- Prepare for Changing Expenses
- Chapter 3. How to Build a Big Retirement Nest Egg
- Start Early, Keep Saving
- Employer-Sponsored Retirement Plans
- Individual Retirement Accounts (IRAS)
- Self-Employed Options
- Health Savings Accounts (HSAS)
- Design Your Retirement Portfolio at Any Age
- Avoid These Major Mistakes
- Chapter 4. Stretch Out Your Savings
- Stay Invested for the Long Term
- Include Your Other Income Sources
- Safe Withdrawal Strategies
- Downsize Fixed Expenses
- Chapter 5. Plan for the Biggest Retirement Expenses
- Healthcare
- Taxes
- Housing
- Caring for Family
- Chapter 6. Navigating Social Security and Medicare
- How Social Security Retirement Benefits Work
- When Should I Start Taking Social Security?
- Will Social Security Be There for Me?
- How to Apply for Social Security
- Other Income Affects Your Benefits
- Understand the Different Parts of Medicare
- How and When to Apply for Medicare
- Chapter 7. New Trends in Retirement
- The Fire Movement
- Working Retirement
- Homesharing
- Work-Life Balance vs. Traditional Retirement
- Chapter 8. Tricky Situations and FAQS
- What if I Never Have Enough to Retire?
- Retirement Expectations Versus Reality
- Annuities (Don't Skip This Section!)
- Reverse Mortgages
- Avoid Fraud, Scams, and Traps
- Divorce
- Women Need to Catch Up
- Protect Your Nest Egg
- Index