Even in your 70s and beyond, there are great reasons to own the right types of stocks.
Building up a large enough nest egg to allow you to retire comfortably usually takes decades, but mapping out your plan to get there doesn't have to be complicated.
Stocks remain a great way to build wealth over time, but not every company's shares are always worth owning.
It's a once-in-a-lifetime opportunity available to you only if you get started right away.
With their shareholder-friendly dividend policies, decent balance sheets, and reasonable valuations, these companies deserve a chance to potentially become part of your portfolio.
The best age to take Social Security depends heavily on your own personal circumstances.
Your plan for retirement in your 70s or beyond should take advantage of the fact that most rules surrounding retirement expect you to be retired by that age.
To plan for retirement in your 60s, take advantage of the flexibility offered to you in this transition decade.
Your plan for retirement in your 50s has tools available to it that didn't exist in your younger years.
To plan for your retirement, your 40s is likely a critical time in that journey.
To plan for retirement in your 30s, take advantage of the balance you have between a reasonable income, relatively low expenses, and a decent amount of time.
To plan for retirement in your 20s, take advantage of the most important resource you have: time.
The typical single retiree brings in about a third of the income of a married retired couple.
Despite their reputation for risk and volatility, stocks are an essential part of any retiree's portfolio.
It's called the "Third Rail" of American Politics for a reason.
Social Security's latest bailout is a rob-Peter-to-pay-Paul strategy that kicks the can down the road and raises the cost of any long-term fix.
Even if it may no longer be 100% reliable, the 4% rule still gives you a great foundation for your retirement plan.
Dividends are not guaranteed payments, and if they get cut, it can affect your portfolio in more ways than one.
Social Security only pays about 40% of a typical retiree’s pre-retirement earnings.
You can live a typical retiree lifestyle with a much smaller nest egg.