Nearing Retirement

Preparing for retirement?

5 ways to stay focused on your long-range goals.
Retirement Overview > Nearing Retirement

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 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
Get up to $600 for rolling over your 401(k)

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, Traditional, 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.2
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.

Your money at stake

Watch Social Security - Your Money at Stake.
Watch Social Security: Your Money at Stake video to learn more
Ready to get started?
Looking for investment advice and guidance?
Pursue your financial goals with advice and guidance from a licensed Merrill
Edge Financial Solutions Advisor™, and ask about getting your own personalized
Merrill Edge Roadmap® to help you get on track — and stay on track.3
Ready to get started?
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Simplify your investing
Take the guesswork out of finding quality funds:
1 You have choices for what to do with your employer sponsored retirement plan. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth, roll over to an employer sponsored plan from a prior employer to an employer sponsored plan at your new employer, take a distribution or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment and provide different protection from creditors and legal judgments. These are complex choices and should be considered with care. Visit or call a Merrill Edge rollover specialist at 1.888.637.3343 for additional information about your choices.

2 Asset allocation, diversification and rebalancing does not ensure a profit or protect against loss in declining markets.

3 Merrill Edge Roadmap participation requires a Merrill Edge Advisory Center™ account.

4 Merrill Edge Report Spring 2014: Addressing the financial priorities and concerns of Americans with $50k to $250k to invest. To view the full report, visit

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