Serena Williams announced plans to retire from tennis at 40. Retirement, Williams wrote in Vogue, was a word she never liked or believed felt modern.
Planning for retirement can seem confusing and complicated, so it's not surprising that two-thirds of retirees say they have regrets.
Delaying retirement is one impactful way to extend the life of your retirement savings. Waiting several years can grow your investment accounts.
A 60-year-old who owns a balanced fund—60% allocated to stocks, 40% to bonds—has seen the value of their investment drop by 18% so far this year.