Between longer life expectancies and fewer employers offering traditional pension plans, it’s a good idea to take an active role in planning for retirement. You can talk with your local credit union about retirement savings vehicles, including IRAs and Roth IRAs. Here are some other things to consider.

You cannot keep retirement funds in your account indefinitely. Generally, you have to start taking withdrawals from your IRA, SIMPLE IRA, SEP IRA or retirement plan account when you reach age 70½. Roth IRAs do not require withdrawals until after the death of the owner. Learn about RMDs and ho

Delaying retirement may improve your finances, but it comes with its own set of challenges and may not be possible for everyone. If considering a delayed retirement or late-in-life career change, take a look at factors to consider and how other people have made the change.

Retirees are often the target of fraud. However, with some basic understanding of how scam artists work, you can avoid fraud and protect your hard-earned money. Learning how to invest safely can mean a huge difference in your retirement years.