Retirement Planning

It seems like yesterday you began college and today you’re graduating and starting a new job. Then, seemingly tomorrow, you’ll be permanently retiring from an otherwise long career in the workforce. In order to have a comfortable retirement enjoying a well-earned rest, you must begin retirement planning now.

Basically, retirement planning is planning for life after you’ve stopped working. It includes financial strategies—like saving, investing and expense forecasting—initiated now to support yourself in retirement. The earlier you start, the more it grows.

Defined Benefit

Defined Contribution [457, 401(k) and 403(b)]

Employer Retirement Plans

Lear more

Individual savings accounts used for retirement


Individual retirement accounts where monetary contributions are typically tax-deductible and earnings tax-deferred, where taxes are only paid when qualified distribution (withdrawals) are made in retirement.

Traditional Vs ROTH IRA

Social Security Benefits

The Old-Age, Survivors and Disability Insurance (OASDI) Program. Social Security is the US federal benefits program that provides a portion of replacement income loss to old age, death of a spouse or qualifying ex-spouse, or disability.

Social Security: The New Rules [2019]

Key Takeaways

Retirement planning refers to financial strategies of saving, investment, and ultimately distribution of money meant to sustain one’s self during retirement.
Many popular investment vehicles such as IRAs and 401(k)s allow retirement savers to grow their money with certain tax advantages.
Retirement planning takes into account not only assets and income but also future expenses, liabilities, and life expectancy.
It is never too early – or too late (although earlier is better!) – to start retirement planning.