You probably know that saving and investing are essential to retirement planning. But just as important to the equation: Social Security planning. It’s impossible to overstate the importance of Social Security to retirees. The truth is, Americans aren’t saving or investing enough for a secure retirement. Without Social Security, approximately 4 out of 10 people […]
Even if you’re young, it’s never too early to think about saving for retirement. If you have a job that offers a 401(k) savings plan, enrolling and contributing money will put you on your way to building a nice nest egg. Whether you’re just starting out or you’re already maxing out your 401(k) contributions — […]
A Roth IRA could be a great option if you’re looking to supplement your employer-sponsored 401(k) — or if you don’t have one and need an alternative way to save for retirement. We’re going to talk about Roth IRAs, how they compare with other retirement accounts and how you can decide if a Roth IRA […]
You probably don’t need us to tell you that the earlier you start saving for retirement, the better. But let’s face it: For a lot of people, the problem isn’t that they don’t understand how compounding works. They start saving late because their paychecks will only stretch so far. Whether you’re in your 20s, or […]