In the rush to get your taxes done by April 17, don’t forget to do one more thing: Make your contributions to your individual retirement account for 2017.
April 17 marks the final deadline for IRA contributions for tax year 2017. You can contribute as much as $5,500 total to...
How much of your money are you saving? If you’re like most Americans, the answer is probably not enough. Putting aside money for your future is essential, but as many as 65% of Americans are saving too little of their incomes, according to a new survey from Bankrate.
Saving money...
I'm in my early 50s and just beginning to plan for retirement. I recently opened an IRA, but what else can I do to catch up?—Cheryl.
It's good that you're finally beginning to focus on retirement. Even more important, by opening an IRA you've taken a concrete step, which shows...
Although $1 million is the oft-cited amount needed to retire comfortably, data shows it might not be enough. According to a new report from personal finance site GOBankingRates, depending on where you live, retirees could blow through $1 million in as little as 12 years.
And GBR notes that since...
Having to constantly hand over cash for endless necessities is just part of being an adult. Mortgage or rent, food, roof repairs, surgery for your dog (these are some of my own recent budget line items) … The list goes on and on. With all that going on, it...
According to Halifax, house prices increased by 1.5% over the last month, with an average home costing a whopping £227,871.
Getting yourself onto the property ladder and getting the best mortgage deal is one of the biggest financial commitments you’ll ever make.
There are many ways to save money and plenty...
For most of our working lives, we either accept the pay that’s offered to us, or we negotiate with an employer to get the best deal we can.
But if you’re fortunate enough to accumulate some significant savings by the time you’re ready to retire, you have another negotiation ahead...
Q:My 16-year-old son will earn some money helping out at a summer camp this year. Will he be eligible to contribute to a Roth IRA? What are some IRA administrators that let kids open a Roth with just a little money?
A: There’s no minimum age to be eligible to...
The retirement you saw your grandparents — or even your parents — live through will likely not be the retirement you choose for yourself. Consider the following:
•In 1900, the average life expectancy was 47 years. Only 100,000 Americans lived to age 85.
•By 2010, the number of people over 85...
No, saving for retirement isn’t daunting.
A plan of action, coupled with the right tools at your disposal is key, experts say.
The fact is, too many American’s aren’t keeping retirement top of mind. Some 21 million people aren’t saving for retirement at all, according to a Bankrate survey.
Here are three...
