During the stock market turmoil of the past few years, some individuals were reluctant to continue with their retirement investing. The thinking was that because the stock market is so volatile and risky (the downturns of 2008 and 2009 are still fresh in many people’s memories), it might be preferable not to invest at all. But successful retirement planning relies upon consistent contributions over time. Not saving for retirement at all will certainly lead to problems later. For some people, the recent downturns mean that their retirement account balances are still lower than they were before the significant market...

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There was a time when we frequently heard about workers taking early retirement. But these days, it’s pretty unusual. In fact, even retiring on time is becoming less and less common. For various reasons, many senior workers are opting to stay in the workforce longer. Some who are approaching retirement age fear that they will become bored and depressed if they stop working, so they stay on. Studies have shown that many individuals are happier and healthier with the continuous challenges and structure of their jobs and careers. But in most cases, the decision to delay retirement is mostly about...

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The current financial environment has many people nearing retirement age wondering if they’ll even be able to retire. They wonder if it might be best to continue working to make and save as much as they can until the economy improves. The following are strategies and advice for retiring in bad times you may want to consider. Be aware that the first five years of retirement are the most important. The first five years may very well determine how much money a retiree has available to them, especially when economic times are questionable.

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As the economy has worsened, not only have retirement funds dropped in value with the market, but also many people have been tempted to tap savings as a way to cut debt or otherwise shore up their finances after a job loss. Still more have found that employers have dropped matching contributions to shore up their own finances. Worry about retirement seems to be widespread. A January survey by the National Institute on Retirement Security noted that 83 percent of Americans are concerned about their ability to retire. Yet the worst thing you can do is tap or give...

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