Max Palmer January 14, 2022 Is retirement saving reaching a crisis? Doomsayers would have you believe so. So let’s look at the facts closely and thoroughly. We are not facing a retirement crisis right now. The recent study claims that “painting an image of a catastrophe is false and leads to unwarranted government action.” According … Continue reading Americans are Doing “Very Well” When Saving for Retirement
Max Palmer January 14, 2022 Is retirement saving reaching a crisis? Doomsayers would have you believe so. So let’s look at the facts closely and thoroughly. We are not facing a retirement crisis right now. The recent study claims that “painting an image of a catastrophe is false and leads to unwarranted government action.” According … Continue reading Americans are Doing “Very Well” When Saving for Retirement
Matt Baisden January 13, 2022 Confusion around 401(k)s is common. In fact, 63% of people in the U.S. say they don’t understand how 401(k)s work. Business owners aren’t immune from this confusion — especially because they should have a more-than-basic understanding of these common retirement vehicles. Most employers understand the two basic contribution types for … Continue reading What Is a Profit-Sharing Plan — and Why Should Employers Explore This Retirement Option?
Kiara Taylor January 13, 2022 After working for years to provide for yourself and your family, you look forward to a comfortable and enjoyable retirement. For many people, retirement can appear to be a distant goal, a faint but growing light at the end of the work-life tunnel. But distances are deceiving, and the final … Continue reading 8 Critical Financial Decisions for the Decade Leading to Retirement
Jordan Bishop January 3, 2022 It’s a common misconception that retirement is the end of your working life. In reality, it can be a time to reinvent yourself and do what you’ve always wanted to do with your free time. However, many people make mistakes before they retire that have a negative impact on their … Continue reading 7 Things Not to Do if You’re About to Retire
Jordan Bishop January 1, 2022 If you think budgeting and financial planning is only for those getting ready for retirement, think again. Budgeting during retirement is as important and even more so than during your working years because you don’t usually have a steady paycheck to look forward to. That said, budgeting during retirement is … Continue reading How to Budget Effectively When in Retirement
Peter Daisyme December 30, 2021 How Much Should I Put Away for Retirement? What Are the Age-Related Retirement Savings Recommendations? The figures may look impressive. Why? According to the Transamerica Center for Retirement Studies’ report, the median retirement savings in the United States by age is: Americans in their twenties: $ 16,000 Americans in their … Continue reading What Is the Median Age of Retirement Savings?
Peter Daisyme December 29, 2021 Money for retirement? Is that still a thing? Maybe not. Why bother to save? Global warming. Greenhouse gas. Don’t be fooled. Money and more money are some reasons why a Roth IRA could be the best option for you. Money is still important, whether you think the world is going … Continue reading Are You Putting Money Down For Retirement?
Jordan Bishop December 20, 2021 Regardless of opinions, women and men are different in many ways, both physically and psychologically. We have different motivations, and we traditionally fill different roles in society. In terms of work, our lifetime employment patterns are different, and so are the way we network and build friendships. Additionally, women are … Continue reading Do Women Adapt Better to Retirement Than Men?
Serenity Gibbons December 13, 2021 The sooner you retire, the less time you have to save for the golden years. The street smarts say: Avoid debt after you retire. Even if you don’t plan to retire soon, younger workers still have time to save for their golden years. The wise word is: Do not get … Continue reading Do Not Forget About Retirement Savings as You Pay Down Debt
