If you are making $50,000 a year, planning to save $2 million for retirement can seem like an impossible goal. Yet, with some hard work, dedication and a lot of time, you can get there, regardless of your age.
Is it possible to retire in your 40s or even earlier?
One couple from San Francisco, California is saying yes, and sharing their tips.
In July of this year, Amon Browning, 39 and his wife, Christina,...
Millions of workers contribute to a 401(k) plan so they can have more money when they retire — and then sometimes, when they get to that point in their lives, they don’t touch those accounts for another few years.
If you are making $50,000 a year, planning to save $2 million for retirement can seem like an impossible goal. Yet, with some hard work, dedication and a lot of time, you can get there, regardless of your age.
Even though Shang Saavedra and her husband have been financially independent for about three years, Saavedra only recently stopped working so she could take a year-long maternity leave for her first child.
The couple lives in Manhattan and are...
There are a lot of gloomy headlines out there about how Americans are struggling financially. And while it’s true that many workers are not as prepared as they should be (only 28% of Americans are considered to be financially healthy, a report...
As you choose your benefits for 2020, don’t overlook a key saving account that could beat your 401(k) plan — at least in terms of taxes.
This year, nearly 3 in 10 employers that offer workplace benefits provided a...
The Federal Reserve’s decision to cut interest rates by a quarter point for the third time this year is meant to bolster the economy.
Everyday Americans may lose some ground.
On the one hand, lower rates often...
Sen. Mitt Romney, R-Utah, is taking the lead on a new proposal aimed at fixing funding shortfalls for Social Security, Medicare and the nation’s crumbling highways.
What the plan may mean for the future of Social Security has some...
When you’re trying to balance multiple financial responsibilities at the same time, saving for retirement may seem like a lesser priority than your other tasks. In fact, 42% of workers say they don’t want to think about retirement planning until they get...
