SECTION 1 OF 8
What retirement means
Retirement means working less, or stopping paid work, while paying for life from other sources.
The main idea is understanding where everyday income comes from when work changes. This guide starts with familiar money terms, then explains savings, retirement accounts, investing and benefits.
A simple example
Pat pictures a quieter week: fewer shifts, time with family, and a home they can afford.
Useful resources
- U.S. Department of Labor: preparing for retirement (opens in a new tab)
A broad introduction to retirement saving, workplace benefits and the main questions involved.
- Social Security: plan for retirement (opens in a new tab)
Learn how Social Security retirement benefits work and where to find benefit estimates.
How this connects
Before retirement accounts or investments, it helps to understand how money comes in and goes out. That is the next section.
U.S. retirement education · Examples are illustrative. How we create these resources.
From the creator of Friendly’s Financial on YouTube. General education, with no personal financial recommendations.