As the coronavirus pandemic upends the economy, there’s never been a better time to examine the conventional wisdom about retirement. Read more from Michelle Singletary here.
It might not seem like it, but in fact, if you have savings in a 401(k) or IRA right now, there may be a possible silver lining brought about by the volatile market. Read more from Jim Mahaney.
Best advice we’ve heard for dealing with the current situation: “Wash your hands. Ignore the markets. Don’t touch your face. And don’t touch your stocks.” Read more from Annie Lowrey here.
As a young writer, the author received this piece of advice: “Listen to me,” she said. “The one thing you don’t want to do is treat your retirement accounts like an emergency fund. Once you put the money in there, pretend it doesn’t exist until you’re ready to stop working.” Read why it changed the way the author viewed and treated her 401(k) savings plan, from Tara Mastroeni, here.
Super Bowl LIV, the 54th Super Bowl, will decide the National Football League champion for this current season. Scheduled to be played on February 2, 2020, in Miami, Florida, the game between the San Francisco 49ers and the Kansas City Chiefs will feature Jennifer Lopez and Shakira performing at halftime. In the meanwhile, you’re still trying to figure out how much you should be saving for retirement. Read More »
Roth IRAs can be an appealing option for retirement savings; NOW may be a great time to consider making the move to a Roth. Read more from Sarah O’Brien to learn why.