救命，我还没存够退休的钱呢!

到2022年，54%的美国人.S. households reported having savings in retirement accounts such as individual retirement accounts (爱尔兰共和军s), 基奥账户, 以及雇主赞助的计划, 比如401(k)和403(b)储蓄计划.¹ Just 40% of Americans believe their retirement savings are on track.²

If you’re getting close to retirement (or even if you’re far away from it) and you’re worried about your retirement savings, it’s never 太 late to start putting money aside for the future. Learn how to estimate how long your retirement savings will last and how to maximize your nest egg.

我的 退休储蓄最后?

而社会保障是用来支持退休人员的, it’s meant to replace only 40% of the average salary after retirement. You’ll also need to rely on your own savings to maintain your current lifestyle. While more than half of the American workforce contributes to a 401(k)-type plan or an 爱尔兰共和军, 这很难估计 退休需要多少钱.

While the “retirement equation” isn’t precise — experts suggest you’ll need between 70% and 80% of your pre-retirement income — here are some factors to consider:

1. 你的支出. You won’t be contributing to a retirement plan or paying payroll taxes for Social Security anymore, 但是你需要考虑医疗费用, 包括你的费用 医疗保险计划.
2. 你的预期寿命. The average life expectancy for an American male is nearly 84, while the average woman’s is 86. 在一般情况下, 如果你身体健康并且有长寿的家族病史, 为至少25年的退休生活做计划是明智的.
3. 你的储蓄. Any money you invest — and its rates of return — play a big part in your retirement portfolio. If you use a retirement calculator, use caution if you adjust the rate of return. 你不想高估自己的技能或运气.
4. 你的目标. Maybe you expect to travel your first years of retirement or buy a home closer to your grandkids. If you haven’t incorporated those plans into your retirement plan, they might not be realistic. 事实上, 如果你没有为退休存够钱, you may need to consider downsizing and finding ways to scale back on your expenses.

很高兴知道

If you’re getting close to retirement age and you’re worried about your retirement savings, it’s never 太 late to start putting money aside for the future.

最大化 爱尔兰共和军的贡献

While you see greater returns if you start saving for retirement sooner, 开始存钱永远不会太晚. If you’re over the age of 50, you can invest $7,000 in your 爱尔兰共和军 each year. Depending on how you invest and the rate of growth on those investments, 你会发现你的积蓄越来越多.

举个例子:如果你60岁了，开始存7美元,每年1万美元，直到70岁停止工作, 你会得到70美元,存了000英镑. Depending on your investments and their rate of growth, those savings could grow even more. Using an annual growth rate of 3% on your investment (compounded monthly), 你可以有80美元,当你退休的时候，把401存到你的账户里. With a 6% rate of return (also compounded monthly), you’d have $92,996 in your savings.

税收优惠 补上退休储蓄

你也可能有资格享受某些税收优惠³ 帮你为退休存钱.

储蓄者的信用

The 储蓄者的信用 is a tax credit for eligible taxpayers who save in a qualified retirement account, 包括401(k), 403(b), 或爱尔兰共和军. Adults age 18 or older are eligible if they are not claimed as a dependent and not a student. 信用额度各不相同，有的是50%, 20%, 或者提成的10%, 这取决于你调整后的总收入.

追赶的贡献

与此同时, the Internal Revenue Service allows workers who are 50 or older to make annual catch-up contributions to their qualified retirement plans: an additional $7,为符合条件的401(k)养老金每年支付500美元或1美元,对于一个合格的个人退休账户.

考虑 兼职工作

You also might consider working part-time before you retire or as part of a nontraditional retirement. Not only will it bolster your income — and ideally your savings — but you’ll get the added benefit of social interaction, 太.

你可以收集 社会保障退休福利 and work at the same time, but there may be some implications based on your age and your earnings. If you haven’t reached the full retirement age, your benefits will be reduced. 与此同时, you will pay federal income taxes on your benefits if your combined income — 50% of your benefit amount plus any other earned income — is greater than $25,如果你以个人身份申请，每年可获得5000美元, or $32,如果你们是共同申请，每年可获得5000美元.

咨询一下 财务顾问

了解你的退休需求可能是压倒性的, but 开始存钱永远不会太晚 — and help is out there. Financial advisors can work with you to create a retirement plan that considers your age and your needs, and help you understand what tax incentives may be available to you.

Patelco offers its members a free consultation with a CFS Financial Advisor⁴ to help put you on the right track toward accomplishing your retirement goals. 安排约会 现在开始你的退休计划吧!