We're into March already (how did that happen?), but that doesn't mean it's too late to adjust your retirement plan based on new laws and regulations that have recently been enacted for 2023.

January is a good time to revisit your finances and investments, and to make sure you are doing all you can to ensure you are saving enough for retirement.

The average income in retirement in the U.S. is probably lower than most people think. It is extremely important to know how much income you will need in order to meet all of your financial goals.

The amount of risk you can take in retirement depends heavily on your retirement income vs. your expenses. There is no one size fits all approach.

If you're in a position to do so, waiting to take your benefits--certainly beyond age 62, and at least as long as your Full Retirement Age (FRA)--makes the most sense.