It's never too late to start saving. Whether retirement is far in the distance or on your doorstep, what's important is to figure out what you'll need and start working toward that goal. Use MoneyGeek's Retirement Expenses Calculator to determine how much you need to save, then put the power of compound interest to work for you. Our Compound Interest Time Machine shows that the amazing results of putting even a modest amount into savings early on.
With people living longer than ever and the majority of companies no longer offering defined benefit pensions, the onus to save for retirement has largely shifted to the individual. In this section learn of how smart savings choices early in life can add up over time, as well as how to decide which retirement savings options make the most sense for you. In addition, there is information on wills and trusts and what you need to know to handle an estate after a death in the family.