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RETIREMENT SAVING TOOLS: How much do you need to retire? Use our calculator to find out

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  • Once you are near or in retirement, you want to protect what you've accumulated wOith more moderate and conservative investments. You also want to position your money so that it can begin to provide income on a regular basis. However, you'll need to maintain some investments for long-term growth, just in case retirement turns out to be more expensive than you ever suspected or inflation heats up.

  • Continue contributions to your retirement plan until age 70 -1/2.

  • Ask your tax adviser how much to begin withdrawing from your savings and retirement plan.
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