I'm considering retiring when I reach 55, in 18 months' time. My company private pension, which is a defined benefit scheme, offers an option of something called a 'stepped' pension. This involves ...

What happens when you reach 55? For many, this watershed year marks their buyout or downsizing of a company — meaning retirement. But, Postpandemically, could you survive? If you are... What happens ...

There's low-cost living, and then there's the freegan-living millionaire featured in this edition of The Next Step, Financial Planning's newest series. The series explores one simple question: What's ...

Nonetheless, millions of people strive to retire at 55 and don’t care if they have to do it without Social Security or without Medicare (which doesn’t kick in until 65). They put a greater value on ...

Saving for retirement in a 401(k) comes with several valuable advantages. Your contributions are made with pre-tax dollars, which lowers the amount of income you are taxed on. In addition, the ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Retiring at 55 can feel like crossing a finish line, but ...

The couple has $3M in savings plus $85K in annual teacher pensions that together exceed their projected spending needs. Upcoming major expenses include a $300K home upgrade and two weddings but their ...