Life involves risk. One of them is retirement, and whether the money we save to fund it will last. Do you understand your risk, and actions you can take now to manage it?
A recent survey found that retirement security may be threatened by these four risk factors: longevity, behavior, market conditions and inflation. The survey found a disconnect between each of these risks and retirement plan savers’ actions. So there’s no time like the present to make sure you understand them and how your retirement savings decisions will impact, or be impacted by, them. Read More »
On top of all the other disruption (and worse) caused by the pandemic, COVID-19 may have put a real dent in your progress towards saving for retirement. Did your workplace close temporarily, or did you have to temporarily leave the workforce? Did your employer pause matching contributions, or did you find yourself needing to take a coronavirus-related distribution? Or did the uncertainty of the last year just cause you to pause your own contributions? Regardless of why you got off track, with the economy booming, now’s a great time to get back on! There are steps that can set you on your path again, determined by your age, situation, and whether you’re able to make catch-up contributions. Read More »
Waiting just one year to start saving for retirement could cost you – big! If you start saving when you’re 29 instead of 27, your retirement nest egg could literally be tens of thousands of dollars smaller once you reach age 65. Read more from Ana Lucia Murillo.
…That is the question, and the answer may surprise you! Read more from Mark Hulbert.
Advocates for working longer say that it not only improves your retirement income when you retire, it also improves your quality of life! Read more from Neal Templin.
A perfect credit score is…well…perfect, but only 1.6% of us have that…so what’s the next best score to have and why? Read more from Elizabeth Gravier.