Roughly 20% of Americans say saving for retirement is their most important financial goal, according to a recent survey from financial services company LendEDU. That’s the good news. The bad news is that too many people think this goal is out of...
Throwing away the alarm clock. Skipping the commute. Traveling the country – or the world. These are the things many people think about when planning their retirement – or, more aptly, what I like to call the “vacation” part of retirement.
While Americans are struggling to save Opens a New Window. , they are also living longer lives, which can put a big strain on retirement Opens a New Window. savings.
On average, about half of Americans are on track...
Citizens of the world! The press is misleading you on retirement savings!
A worrying new study from the World Economic Forum predicts that “retirees might run out of money 10 years before they die,” according to Bloomberg News coverage....
When you break it down, saving for retirement is fairly straightforward: Set aside a portion of your earnings each year, invest for a long-term time horizon, be patient, and grow your wealth. While this is obviously an over simplification, saving for retirement...
Employees of state and local governments can stash more money in their 457 plans this year, building bigger nest eggs for retirement.
457 Contribution Limits for 2019
The maximum amount you can contribute to a 457...
On the surface, it sounds like an absurd question. How could finally reaching the most highly anticipated phase of life turn you into a liar? Whats more, I’m not talking about it causing people to start telling little white lies or harmless...
The House of Representatives recently passed a bill that may complicate retirement planning options for Americans.
The House passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 on May 23. If enacted into law, it...
Many Americans haven’t saved as much money as they need for retirement — and the gap is expected to widen dramatically in the next 30 years.
The retirement savings gap — between what people have and should have —...
Two questions I hear a lot from people who aren’t retired are: “When can I retire?” and “How much money do I need to retire?” They’re really variations of the same question. It’s the wrong question to ask, because most people approach...
