The calculations used to craft a traditional retirement plan assume that you’ll work well into your 60s and draw income from your savings to fund your remaining two to three decades.
But what if you’re not planning a conventional...
One of you may be living as a survivor for a long time. Are you prepared?
Here’s a question for couples whose retirement is imminent. You think you’ve got it all figured out. Now, what’s your widowhood plan?
Retirement planning takes decades of hard work, and it can sometimes be confusing and overwhelming. Fifty-six percent of Americans don’t have a clue how much they should be saving for retirement, a survey from Northwestern Mutual found, and roughly 1 in 5...
There is a seismic shift in the real estate market and it’s all due to the Millennial generation.
“Millennials have represented the largest share of the home buying market for the past five years in a row with the...
The best high-yield savings accounts live up to all the hype. After all, what more could you need in a savings account than no fees, zero risk, full liquidity, and excellent earning potential?
Whether you’re building up an emergency...
The data is clear: Almost every American needs to save more money.
Average retirement savings are too low, around 4-in-10 Americans can’t cover a $400 emergency, and average credit card debt tops $6,000. But knowing about the need to...
Saving enough money for retirement is challenging, even if you have a clearly defined plan. What’s disturbing is that most people don’t even have that much going for them. This causes many to underestimate certain retirement costs and overlook others altogether. Here...
Most retirement plans, such as 401(k)s, typically lock you into a plan that offers a small selection of mutual funds for the participants to invest in.
However, more retirement plans are letting participants have a brokerage account within the...
THERE’S A LOT OF PREP work to complete when you’re expecting a new baby. Expectant parents have a nursery to paint, strollers to buy, doctor’s appointments to attend and nannies to hire.
But in addition to those tasks, experts...
Savings matter.
That’s the No. 1 idea Stadion Money Management’s Will McGough, the firm’s chief investment officer for retirement, is promoting among his clients as he tracks what he calls a burgeoning ”‘savings more’ crisis.”
That’s...
