Download the Schwab app from iTunes®Get the AppClose

  • Find a branch
  • Chat
To expand the menu panel use the down arrow key. Use Tab to navigate through submenu items.

Retirement & Planning
Questions? Get answers now. Live Chat.

Real Life Retirement™ Services

Set for retirement - or so he thought

Please get the latest version of the Adobe Flash player to view this content.
Get Adobe Flash player
Rick C., age 64
Moore, Oklahoma
Married, three children, five grandchildren
"If I'd had more foresight, I might have put more of the retirement fund into bonds."

Rick's Tips

  • "Monitor the market, but don't make investment decisions in the moment."
  • "Keep some of your portfolio in cash, to take advantage of market dips."
  • "When you get a raise, increase your 401(k) contribution. It's painless saving."


  • Retired in 2000.
  • Making adjustments to budget after market downturn.
  • Can't afford health insurance, so they pay as they go.

We were set for retirement — or so we thought.

"I was 55 and my retirement fund was where I thought it should be for me to retire. I rolled over my 401(k) into an IRA; my wife and I started touring the U.S. in our R.V., taking trips with our grandchildren."

Cutting expenses to enjoy what's important.

"The market started to slide soon after I retired. We depleted more of the IRA than I expected; we are not taking a monthly draw right now. When I turned 62, I started taking Social Security; my wife started in 2007. We don't spend as much on entertainment. We use less expensive campgrounds. But we are still able to enjoy time with our family.

"My wife has a pre-existing health condition, so health insurance is expensive. We don't have it. I'm not advising anyone to go this route. I will be eligible for Medicare next year; my wife in two years. It will be a big relief when we are both covered."

Take the Next Step.

Let's talk about the retirement you want.

Call 877-673-7970 for your complimentary retirement consultation.