11 smart & simple ways retirees can save cash
If your work days are in the rearview mirror now, you may be enjoying your retirement but also wondering how you might bring in a bit more cash. The average Social Security retirement benefit as […]
What to do with your retirement during a bear market
Grin and Bear It There’s no sugarcoating what’s going on with the market. Both stocks and bonds are trading in bear market territory, which means they’ve fallen 20% from recent highs. Due to current […]
5 smart ways credit cards can help you save for retirement
Whether you’re new to saving for retirement or an old pro, you can use your credit card for funding your IRA or other retirement accounts. How exactly does this work? Image Credit: DepositPhotos.com. Step 1: […]
IRS boosts max retirement contribution limit. Here’s what to know
Following adjustments made to tax brackets in 2023, the IRS instituted record-breaking increases to the contribution limits for 401(k) and other tax-deferred retirement plans. Starting next year, individuals can contribute up to $22,500 to […]
7 Roth IRA secrets you’ll wish you knew sooner
The Roth IRA is a popular retirement account, and it’s incredibly easy to see why. Yes, you have to invest in this account with after-tax dollars, but your money grows tax-free and you don’t […]
Is it really OK to use your 401(k) to buy a home?
Withdrawing money from a 401(k) to buy a house may be allowed by your company-sponsored plan, but this tactic is not always advisable, especially for first-time home buyers. When it comes to using […]
This country has the most seniors in the world
In terms of larger countries, Japan has always been at the forefront concerning the share of residents aged 65 or older, with more than 86,000 centenarians alone living in the island nation in 2021. As our […]
Don’t know when you’ll retire? Here’s how to plan for it anyway
Most people, even people who love their jobs, are working toward the day when they can stop working. Saving for retirement is a pillar of any financial plan. But it can be tricky. While […]
The best country for retirees to grow old in
Norway is the best country for retirees. In this year’s Global Retirement Index by investment bank Natixis, the Scandinavian country takes first place. For the ranking, 44 countries worldwide were assessed, according to factors such as […]
Is a 401(k) really the best retirement account for you?
Is a 401(k) plan worth it? This is a question on the minds of many people trying to decide if this retirement account offered through their employer is better than other savings options like an […]