Posts Tagged ‘savings’
Retirement and Baby Boomers
Baby Boomers is the nickname for the generation of people born between 1943 (or 1946) and 1960 (or 1964).[1] That means this year, in 2019, the very youngest of the Baby Boomers…
Read MorePlan Retirement Right: Which is better, Traditional or Roth?
If you’re saving for your retirement in a 401(k), 403(b) or an IRA, you’ve probably seen that you can choose Traditional or Roth for your account. What does that mean,…
Read MorePlan Retirement Right: What is Dollar Cost Averaging?
People take a variety of different approaches to investing for their retirement. Some may invest in fits and starts. Whenever they “come into some extra money,” they invest some in…
Read MorePlan Retirement Right: Stock Market Volatility
Over the past few months, we’ve seen a large increase in the volatility of the stock markets. In a basic sense, volatility for an investment refers to the expected range of…
Read MorePlan Retirement Right: What’s a bond ladder, and how can it help when you retire?
One of the common concerns people have regarding their retirement is a fear of running out of money. We all want our retirement income to last as long as we…
Read MoreWhat if your expenses actually increase after you retire?
It’s a fairly common belief that your monthly expenses will decrease after you retire, but what if they increase? There are a number of reasons that even the Social Security…
Read MoreCould you retire if you won $2 million in a lottery?
Could you retire, comfortably, if you won a lottery prize of $2,000,000? Maybe. Let’s just agree up front that if you won the grand prize in Powerball or Mega Millions,…
Read MoreI’m almost at retirement age and don’t have enough money! What can I do?
Work longer. It’s not easy to hear, but that’s probably the single thing you can do at a later age in your working years which will have the most impact…
Read MoreHow can I save more for my retirement?
As we grow older and get closer to our expected retirement, we often look for ways to increase our savings to have better retirement income. There are several ways you…
Read MoreEven older working households with a retirement plan aren’t saving enough
Every generation seems to enjoy pointing at the newest generation coming up behind them and saying, “Those kids today! They just don’t …” Today’s aging Baby Boomers are no different.…
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