Know how much you need to retire
It may not be the easiest question to answer, but the first step in creating a plan is knowing how much you'll need to retire comfortably — your "retirement number." Everyone's got one. Try our retirement calculator
and get yours.
What's your personal retirement number?
Calculate how much you'll need to retire.
Make the most of your 401(k)
Consider participating in your employer-sponsored 401(k) retirement plan. Your investments are tax-deferred, offering you the opportunity to low your tax bill today. And if your employer offers matching contributions, take advantage of this 'free money' to maximize your earnings potential.
Changing jobs? Consider your choices.
Consolidating your retirement assets into one easy-to-manage account is simple with a Rollover IRA. But, a Rollover IRA isn't right for everyone. Consider all of your choices
and learn if a Rollover IRA
may be right for you.1
Roll over your old 401(k)1
Get up to $600 when you enroll, open and fund a new Merrill Edge® IRA.
Boost your savings with an IRA
If your employer doesn't offer a 401(k)—or you're already contributing the maximum but want to invest more—consider an IRA. Depending on your age and income, you may be able to set aside up to $5,500 a year ($6,500 if you are 50 or older) and even lower your tax bill. Merrill Edge offers you the choice of Roth
, Roth conversions
—and even Small Business IRAs
. Try our IRA Selector Tool
and find the IRA that's right for you.
Find the right IRA fast
Use our IRA Selector Tool to see if a Roth or Traditional IRA may be right for you.
Build a balanced portfolio
Experts often recommend balancing your portfolio with a diversified mix of stocks, bonds and cash aligned to your investment goals, time horizon, risk tolerance and liquidity needs. Merrill Edge makes it easy to find the investments that may be right for you with access to independent research, simplified investment choices and online resources, like our Asset Allocator™ Tool
Looking to simplify your investing?
Consider Merrill Edge Select® Portfolios
—Meet with a Merrill Edge Financial Solutions Advisor to select a diversified portfolio of investments aligned to your investment goals, time horizon, risk tolerance and liquidity needs—pre-screened, monitored and adjusted by the professionals at Merrill Lynch.
Is your portfolio in line with your objectives?
Learn how you might be able to improve your portfolio's performance based on your investment goals, time horizon, risk tolerance and liquidity needs.
Plan now and generate extra income in retirement
Collecting Social Security at age 62 may not be your best plan for retirement. At that age, you'll only be receiving 75% of your retirement benefit annually for life. Wait until you're 67 and you'll receive 100% of your qualifying retirement benefit annually. Delay applying for your benefit until age 72 and you'll actually receive 32% more. This extra cash could make a big difference in retirement. Watch our video to learn more about Social Security and your retirement
Consider an annuity from Merrill Lynch Life Agency, Inc.
Speak with a Merrill Edge Financial Solutions Advisor™ to find out how annuities
could potentially replace your paycheck later in life.
Please note: Calculations assume a monthly benefit of $1,000 at the full retirement age of 66.