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.

Financial empowerment is really a feeling and not a number. It’s the feeling that you are in control of your finances, your financial situation, and you feel on track to retire with confidence.

Determining what your asset allocation really should look like depends on a lot of different factors that the 100 minus age rule shortcut can't tell you.