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.

Are you blessed with good health and good genes and hoping to live to 100? If so, do you have the means to get you there? There are several ways you can adjust your retirement plan to make sure you will be fine if you live to 100.