Getting started

Retire when you want

I want to retire in ...

No matter where you are in your retirement journey, we can help you pursue your goal.

Questions to ask yourself

How long do I expect to be retired?

While life expectancy varies, your retirement could last 20 years or more.

What can I expect from Social Security?

The current average retirement benefit payment is $1,831 per month, or about $21,968 a year.*

Will I still work after I retire?

Though 70% of workers plan to earn income in retirement, only 27% actually do.

How to build your plan

Estimate what you'll need

Determine what you have saved so far, and then use a tool like FINRA's online retirement calculator to estimate what you’ll need.

 

 

Max out to catch up

Contributing as much as you can to your 401(k) is a good first step to getting on track or catching up.

 

 

 

 

Keep on saving

In addition to a workplace plan, and depending on your income and tax-filing status, consider the benefits of traditional and Roth individual retirement accounts (IRAs).

Review and rebalance

Check on your accounts each quarter to make sure they’re working for you and your goals.

 

 

 

 

Meet Lauren

It’s never too late

 

Student debt and market crashes kept her from starting to save earlier in her career. Now she worries she won’t have time to catch up.

 

While she can’t make up for lost years, there’s no better time to start than now. Even a small amount of saving can go a long way.

 

LAUREN’S STRATEGY:

Are you over 40?

Explore more retirement topics, checklists and tools for women over 40.

* Source: Social Security Administration, "Benefits paid by type of beneficiary," data as of February 28, 2023.

 Source: "Retirement Confidence Survey," Employee Benefit Research Institute/Greenwald, 2022.

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