For most Americans, homeownership is a cornerstone of the retirement dream—but it’s also one of the biggest line items in a retiree’s budget. Nearly 80% of people over 60 own their homes, according to ...
Wondering what a good monthly retirement budget looks like? Learn how much you should plan to spend to maintain financial ...
Maybe you love budgeting. Maybe you hate it. Maybe you gamify your budget to reach your goals. Or maybe you think that budgeting is just downright frustrating. Regardless of how you feel about ...
Retirement planning involves numerous facets, from investment strategies to healthcare costs, but one often underestimated area is energy consumption. As you approach retirement, making informed ...
Some budgeting tools are more complex (and take on more complex tasks) than others. If you have multiple income streams, you need a budgeting tool that lets you account for each one. The ideal ...
Life happens. Divorce, job loss, debt and illness can all get in the way of saving for retirement like you'd like to. It doesn't help when everyone around you seems to be so much further ahead. All ...
At its most basic, creating a retirement budget is all about money in vs. money out. You figure out what kind of income you can reliably generate from your combined assets, then compare it against ...
Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Managing finances in retirement is about more than just having enough savings ...
It may be important to change the way you spend once you've retired. You may need to scale back on high-risk investments as you approach retirement age. Healthcare costs in retirement can't be ...