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2. 10 Ways to Properly Plan for Retirement This Year - AOL

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   3. Invest Into an IRA Every Year. An Individual Retirement Account, or IRA, is an essential component of a comprehensive retirement strategy. This type of savings account, specifically designed ...

3. How To Draw Up a Retirement Budget in 6 Key Steps - AOL

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   Here are six key steps to build an effective retirement plan. 1. Review and Evaluate Your Expenses. The first step to creating a realistic retirement budget is to review your current spending ...

4. 27 Retirement Ideas for Every Generation - AOL

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   15. Housesit and Travel the World. Many retirees dream of traveling the world, which can quickly eat into your budget if you aren’t careful. With a little bit of creativity, you can fulfill your ...

5. Retirement planning - Wikipedia

   en.wikipedia.org/wiki/Retirement_planning

   The goal of retirement planning is to achieve financial independence . The process of retirement planning aims to: [1] Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retire. Identify actions to improve readiness-to-retire. Acquire financial planning knowledge.

6. Best retirement plans for the self-employed - AOL

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   SEP IRA. A SEP IRA allows the self-employed to create a retirement plan for themselves as well as employees. This kind of plan offers a tax-deferred or tax-free way to save – on either a pre-tax ...

7. Retirement plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Retirement_plans_in_the...

   Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.