Most of us do not work for employers who offer a fully-funded pension plan. The result of this is we need to have a method of saving money for our retirement. While most of us will be entitled to collect Social Security upon retirement, the benefits may be insufficient to maintain our lifestyle. Many people deposit funds into Individual Retirement Plans (IRAs) to save for … [Read more...]
Retirement
The 5 Best Retirement Plans
Baby boomers are retiring at a rate of 10,000 per day, and research indicates we might be on the verge of a retirement crisis. Why? Simply put, many Americans are unprepared. Another 26% report having less than $50,000 saved for retirement. That means over half of retirees lack sufficient retirement funds. However, all the blame doesn't rest on the retirees. The … [Read more...]
Basics of IRA vs 401k Retirement Plans
We all need to save for retirement. One of the challenges you may face is which plan to choose. The two most common plans are IRA and 401(k) plans. Your employer may offer you both plans as part of your benefits package. In most cases, your employer will offer a 401(k) plan and you will be on your own to establish an IRA. So, which one is right for you? We'll … [Read more...]
How To Save For Retirement
We all know that we need to save for retirement. But, not everyone has a clear understanding of how much or how to save for retirement. And that's okay. How are you supposed to know exactly how much you'll need to live out your last 20+ years? The truth is that unexpected expenses are bound to come up. You can't always plan for these, but you can make sure you have a … [Read more...]
6 Best Roth IRA Options
Are you thinking about retirement? While it might seem like it’s a long way away, the truth is that you need to start saving now. The earlier you start saving when it comes to retirement, the better. A lot of people choose to start contributing to their 401k to build up their retirement savings. But, that isn’t the only way to do it. Have you considered … [Read more...]
How Much To Save for Retirement
Are you concerned that your current retirement plan isn’t going to cut it? Or Have you not started saving for retirement yet and want to know where to begin? No matter which situation you’re in, the reality is that we all worry about whether we’ll have what we need when it’s time to retire. After all, we all want a comfortable retirement that doesn’t include … [Read more...]
