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This Fact About Your Retirement Savings May Surprise You!
Do you know which would have a greater impact on your retirement savings: a) saving an additional 1% of salary for 30 years; or b) delaying retirement by 3-4 months? You might be surprised to learn the answer. Find out here.
In Your 50s and Just Now Thinking About Retirement Savings?
Don’t feel bad; you’re not alone. According to a recent study from the Employee Benefit Research Institute “more than a third of those between the ages of 45 and 54 who answered said they had less than $25,000 saved,”
But now it’s time to get focused. Check out these 3 ways to recover from a late start on retirement planning. Read more from Walter Updegrave here.
The ABC’s of Your 401(k)
Starting out on you career? The best time to start saving for retirement is now! Read more here.
11 Common Financial Mistakes to Avoid
Just as to-do lists can be a key part of planning, “do-not-do” lists can be helpful reminders to avoid mistakes that others have made. Click here for 11 mistakes to avoid!
What Can Squirrels Teach Us About Saving?
They’re smart and adaptable, and they plan!
Darwin said the organisms don’t need to be the smartest to survive, they need to be the most adaptable. Grey squirrels are a double threat: they are both smart and adaptable, equally at home in the woods, a backyard, or the city.
It turns out they also have a phenomenal ability to change their behavior to survive, including finding, storing, and retrieving nuts.1 This puts them close to humans’ ability to meet a long-dated future goal, such as saving money.
Read more here about what we can learn about saving from our furry friends.
Got a New Medicare Card? Be Aware of Scammers…
Medicare is mailing out new ID cards to 59 million Americans this year in a sweeping federal initiative to bolster defenses against fraud. Trouble is, phone scammers are taking the card replacement program as an opportunity to target seniors.
Click here to read more.
