Base an early-retirement plan on full household spending rather than a savings slogan.
AFT Guides
Build retirement spending from actual costs and income dates. Include healthcare, taxes, repairs and other uneven expenses.
Compare Social Security estimates using consistent earnings assumptions. Consider income needs, health, work and household survivor benefits...
Identify whether the benefit is a pension promise or an invested account. Compare payout options, survivor protection...
Separate IRA contribution eligibility from deductibility and withdrawal rules. Traditional and Roth IRAs share an annual contribution...
Separate employee contribution limits from employer matching rules. Check eligibility, vesting and plan fees before choosing contributions.
Balance retirement saving with near-term obligations and accessible cash. Check existing account rules, costs and household goals.
Read the issuer, coupon terms and maturity date before comparing bond yields.
Compare what a fund holds, its risks and costs before choosing a fund type.
Separate the quoted rate from interest actually earned or paid. Check compounding, timing, fees and whether the...