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On Christmas Day, the New York Stock Exchange and Capital Group’s U.S. offices will be closed.

In observance of the Christmas Day federal holiday, the New York Stock Exchange and Capital Group’s U.S. offices will close early on Tuesday, December 24 and will be closed on Wednesday, December 25. On December 24, the New York Stock Exchange (NYSE) will close at 1 p.m. (ET) and our service centers will close at 2 p.m. (ET)

Getting started

Retire when you want

I want to retire in ...

No matter where you are in your retirement journey, we can help you pursue your goal.

Questions to ask yourself

How long do I expect to be retired?

While life expectancy varies, your retirement could last 20 years or more.

What can I expect from Social Security?

The current average retirement benefit payment is $1,913 per month, or about $22,959 a year.*

Will I still work after I retire?

Though 75% of workers plan to earn income in retirement, only 30% actually do.†

How to build your plan

Estimate what you'll need

Determine what you have saved so far, and then use a tool like FINRA's online retirement calculator to estimate what you’ll need.

 

 

Max out to catch up

Contributing as much as you can to your 401(k) is a good first step to getting on track or catching up.

 

 

 

 

Keep on saving

In addition to a workplace plan, and depending on your income and tax-filing status, consider the benefits of traditional and Roth individual retirement accounts (IRAs).

Review and rebalance

Check on your accounts each quarter to make sure they’re working for you and your goals.

 

 

 

 

Meet Lauren

It’s never too late

 

Student debt and market crashes kept her from starting to save earlier in her career. Now she worries she won’t have time to catch up.

 

While she can’t make up for lost years, there’s no better time to start than now. Even a small amount of saving can go a long way.

 

LAUREN’S STRATEGY:

GROWTH FUNDS

Are you over 40?

Explore more retirement topics, checklists and tools for women over 40.

PLAN FOR YOUR RETIREMENT

* Source: Social Security Administration, "Benefits paid by type of beneficiary," data as of March 31, 2024.

† Source: "Retirement Confidence Survey," Employee Benefit Research Institute/Greenwald, 2024.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Although the target date portfolios are managed for investors on a projected retirement date time frame, the allocation strategy does not guarantee that investors' retirement goals will be met. Investment professionals manage the portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the target date gets closer. The target date is the year that corresponds roughly to the year in which an investor is assumed to retire and begin taking withdrawals. Investment professionals continue to manage each portfolio for approximately 30 years after it reaches its target date.
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This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.