Income

Balancing your savings and pensions in retirement against your expenses can be tricky. Here are some tips to help you manage your savings alongside your pension for monthly income.

In retirement, investing is all about moderating risk. With life expectancies higher than they were when your parents and grandparents retired, chances are, you’ll be enjoying retirement for 20, 30, or even 40 years. Learn how to invest to balance your risk tolerance with your retirement longevity.

When you retire, your finances take a dramatic shift. Instead of that regular paycheck, you’ll likely find that you’re living on Social Security and maybe a pension, then supplementing it with whatever retirement savings you’ve built. Many individuals choose to spend as little as possible, making it difficult to enjoy the rest of their life. Learn more about how to spend with the confidence your savings will last.<https://acl.gov/ltc/basic-needs/how-much-care-will-you-need>