Retirement planning means knowing when to start, figuring out how much you’ll need and choosing the right accounts to help you get there. Here’s how to get started, wherever you are in your career.
Are you saving enough for retirement?
There are countless factors to consider when deciding how much money to put away for retirement. The sooner you make a plan to cover your retirement costs, the easier it will be to feel confident you'll be comfortable in your golden years.
Pensions, which are defined benefit plans through which employers provide retirement income to employees, are falling out of favor. Many employers have switched to 401(k)s, which give employees more control over their retirement savings, but also means they assume more risk.
Is a 401(k) or a pension plan better?
Retirement planning tools
Planning for retirement
IRA provider reviews
Wealthfront Review 2023: Pros, Cons and How It Compares
With Wealthfront, you get low-cost access to a diverse investment lineup, excellent planning tools and a variety of tax-saving strategies. The company also offers access to individual stocks for DIY investors.
Betterment Review 2023: Pros, Cons and How It Compares
Betterment’s goal-oriented tools and helpful tax strategies should appeal to investors of all types. Access to human advisors is available with the Premium plan, or by purchasing a standalone advice package.
Fidelity Investments Review 2023: Pros, Cons and How It Compares
Fidelity is one of the most well-rounded brokerages available today, with no commissions on stock or ETF trades and a selection of no-expense-ratio index funds suited to both beginner and active investors.
TD Ameritrade Review 2023: Pros, Cons and How It Compares
TD Ameritrade is tough to beat with its $0 minimum, free tools and research and multiple trading platforms aimed at both beginner and advanced traders.