Planning for a comfortable, enjoyable retirement isn’t as simple as opening an individual retirement account or deferring a percentage of your salary into a 401(k) plan — it takes careful thought, a few calculations and maybe a little motivation.
One of the most important things to consider is how you’ll pay for retirement, whether through a pension, retirement account, taxable investments, Social Security — or a combination. You may also want to make some lifestyle changes, such as moving to another state, traveling around the world or taking on a new hobby. People should also investigate tax implications, the pros and cons of an annuity and what age they want to actually leave the workforce — if ever.
Read: Imagining the future you can help you plan for a more successful retirement
Join MarketWatch’s retirement reporter, Alessandra Malito, for a three-part webinar series as she talks to financial professionals live about how young Americans can keep up with their retirement goals while juggling everyday financial obligations, whether life insurance is a good way to fund retirement, and how to prepare for retirement when the concept itself has changed in the last 50 years.
The MarketWatch webinar series is part of Barron’s Live, a weekday daily podcast with live conversations between journalists and industry experts. You can register here.
Here’s a breakdown of the three-part series:
Wednesday, April 21, at 12 p.m.: The do’s and don’ts of retirement saving and investing
We know we should put money in a 401(k) if we have access to one at work, or to throw extra cash in an individual retirement account… but how can we make sense of the investment choices available? Is it better to “set it and forget it” or actively manage the portfolio? How does one balance the funding needs of the future with the financial obligations of today? This session will cut through the noise of basic retirement planning advice, and help you go beyond the simple advice to start saving.
Wednesday, April 28 at 12 p.m.: What you need to know about alternative sources of retirement income
A 401(k) and IRA are not the only ways to fund retirement. There are a variety of other options, including Social Security, life insurance, annuities, home equity and perhaps even a pension. These choices aren’t always beginner-friendly, though. This session will do a deep dive into what other sources of retirement income you could consider using so you live comfortably in retirement.
Wednesday, May 5: Reinventing Retirement… it’s no longer about quitting at 65
Gone are the days of retiring at 65 and spending your life on the golf course. Today, retirees are reinventing this next phase of their lives — be it volunteering at a favorite charity, developing a hobby or traveling the world. Some individuals are also deciding they don’t want to wait until 65, or even 55 or 45. What does retirement mean to you? And what do you expect of it in your future? This session will house a discussion on how people are transforming this milestone.
Interested in joining us? Please register here and stay tuned for more MarketWatch Live events.