Planning for retirement: How to get started
Do you want to retire sometime soon? Planning for retirement is a process that allows you to plan for the future and live the lifestyle you want. It’s important to start saving as soon […]
What happens to your 401(k) when you die?
It’s a sad fact, but we’re all mortal and one day we will all die. This is true whether we have retired or not and there’s a 100% chance of that happening. According to Vanguard, […]
The best US cities for an early retirement
Fewer Americans plan to work past the age of 62. In a March 2022 survey conducted by the Federal Reserve Bank of New York, 49.2% of Americans plan to work past the age of 62, a […]
Inflation eating away at your retirement savings? Try this strategy
If you haven’t checked your 401(k) for the past six months (and you probably shouldn’t), you’re in for a bad surprise. The S&P 500 has fallen by 20% since the start of the year, […]
Where to put your money when you’ve maxed out your 401(k)
If you’ve been maxing out your employer-sponsored 401(k) plan, a Solo 401(k), or any other tax-advantaged retirement plan, you’re doing way better than the vast majority of workers. After all, the average retirement savings by age is […]
How Covid is still wrecking American retirement funds
Americans dipped into retirement savings to make ends meet during the pandemic’s peak. More than two years later, many can’t afford to replenish those funds. Inflation in the U.S. is the highest it’s […]
Could money market accounts help you save more for retirement?
A retirement money market account is similar to a savings account where the money is liquid and earns a low interest rate. But a retirement money market account is held within a retirement account such […]
This may be the perfect console for aging gamers
When I saw the initial teaser announcement for the Nintendo Switch, my immediate thought was that Nintendo had simply conceded the field to Sony and Microsoft. The Switch looked underpowered and gimmicky. However, it […]
Seniors, it’s hot out there. Here’s how to stay safe
With parts of the country blanketed by a dangerous heat wave, older people in particular can have a tough time dealing with heat and humidity. The temperature inside or outside does not have to reach […]
Why the government is warning against this risky retirement investment
Fidelity Investments, one of the nation’s biggest retirement plan providers, announced it will introduce bitcoin as a 401(k) investment option for plan participants later this year. This marks the first time a major financial plan provider […]