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Retirement

Retired couple on a beach.

Retirement is a significant phase of life, often viewed as a time of relaxation and exploration after years of hard work. However, achieving a comfortable retirement requires years of consistent saving and investment, with a clear understanding of your financial goals. It's crucial to start planning early, making wise decisions about savings, investments, and other financial matters to secure a stable future.

We've partnered with Human Investing to provide you with financial advice and resources to help you meet your financial goals and prepare you to make sound financial decisions before and during your retirement years. To learn more about Human Investing and their process, click here.

Investment Advisory Services are offered through HUMAN INVESTING, in association with RIVERMARK COMMUNITY CREDIT UNION. The investment services and products are NOT FEDERALLY INSURED, NOT OBLIGATIONS OF, AND NOT GUARANTEED BY THE CREDIT UNION OR ANY AFFILIATED ENTITY, AND SUBJECT TO NORMAL INVESTMENT RISKS, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.

Benefits of Delaying Retirement

Woman in the park

Some anticipate retirement years as a time for new adventures, travel, and pursuing postponed hobbies. Approximately half of working Americans retire between the ages of 61 and 65. For a growing number of seniors, delaying retirement is becoming more common. If you are considering delaying your retirement, there are a few possible benefits of holding off retirement even for a short time.

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Avoid Outliving Your Money

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If you are like most American workers, you will likely be responsible for saving most of the money you will need for retirement. That's because many companies have replaced defined-benefit (or pension) plans with defined-contribution (or 401k) plans. Furthermore, Social Security will only cover a fraction of the income you will likely need after retirement. Here are our favorite tips on how to avoid outliving your money during retirement.

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Close To Retirement?

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The closer you get to retirement, the more excited you may be—and more worried. If you are 18 to 24 months away from retirement, this article is for you. You may still be wondering if you have enough saved, or if you can (or should) plan on finding a supplemental income. How will an uncertain economy affect your retirement? We answer these questions and more below.

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Plan for Retirement

Retirement is something that most people look forward to, but many aren’t prepared for. Fortunately it’s never too late—or too early—to start thinking about how you’ll fund your retirement.

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