by Guest Writer | Feb 2, 2023 | Retirement Planning
Step 1: Know when to start retirement planningWhen should you start retirement planning? In a word, now. In four words, as early as possible. The earlier you start planning, the more time your money has to grow.That said, it’s never too late to start retirement...
by Guest Writer | Dec 5, 2022 | Retirement Planning
U.S. seniors are facing a double whammy. Inflation has eroded their spending power, and this year’s dismal stock market has put a big dent in their nest eggs. The Center for Retirement Research at Boston College calculates total wealth lost from individual retirement...
by Guest Writer | Jun 7, 2022 | Retirement Planning
Here’s where I bonds may work in your portfolio, according to financial advisors I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts.These assets, backed...
by Guest Writer | Jun 7, 2022 | Retirement Planning
Anyone who earns income can open an IRA, self-employed or not. Individual retirement accounts come in two flavors: the Traditional IRA, which offers an up-front tax break; and the Roth IRA, which provides tax-free income in retirement. IRA contributions are not...
by Guest Writer | May 12, 2022 | Retirement Planning
Many people worry about having enough money to live on during retirement. And that’s an understandable fear. Living costs have been soaring lately due to inflation. While the increases we’ve seen have been extreme, the reality is that expenses tend to rise...
by Guest Writer | Sep 2, 2021 | Retirement Planning
Published Tue, Aug 17 20213:53 PM EDT Updated Tue, Aug 17 20214:04 PM EDT Sarah O’Brien @sarahtgobrien Workers may soon get a better sense of how much income their retirement savings really will deliver later in life. As mandated in the 2019 Secure Act, 401(k) plan...
