9 Biggest Retirement Planning Mistakes: 401(k) Blunders To Avoid
Retirement planning is a big part of your financial preparation and strategy. Your 401(k) is one of the best retirement
8 Retirement Planning Tips for 50 Year Old’s
Retirement Planning Action Tips for Today You’ve hit the big 5-0 and the reality that you’re not going to work forever sinks in. If you’re like most Americans, your retirement account is on the lean side. A recent Economic Policy Institute article reports that for households between 50 and 55, the average savings balance is $124,831. Yet, all is not lost and at age 50, there’s still a solid 15+ years to go before retirement. With targeted planning, you’ve got time to craft a successful retire…
How Much Money Do I Need To Hire A Financial Advisor?
Are you wondering how much money you need to hire a financial advisor? In this article, you’ll find the answer! Learn from the author’s personal experience with a stockbroker in the 1980s and the conflict of interest involved. Discover the different situations that might call for hiring a financial planner, whether you’re getting married, retiring, or experiencing a financial windfall. Explore the various types of financial planners and their costs, including free or low-fee robo-advisors. An…
FIRE – Financial Independence, Retire Early Is A Bad Idea
FIRE is popular among millennials – and older adults too. Inspired by the classic book, “Your Money or Your Life,” by Vicki Robin and Joe Dominguez, FIRE is an acronym – Financial Independence, Retire Early. Thousands or more diligent workers are striving to live with less to retire young. But, to what end? Don’t get me wrong, reaching financial independence is great, as it relieves a big life stress, that of not having enough money. What is the allure of early retirement? I don’t get it. Fin…
How Can I Tell if I’m On Track for Retirement?
Reader Question: Am I On Track for a Secure Retirement? “Barbara, I started investing late and although I have a military pension, a 401k, and brokerage accounts; I wonder if I am track to a comfortable retirement. I use commission free ETFs in a taxable account.” You’re doing what you think is right, saving, investing, living modestly, but how do you know if you’re on track for retirement? This question from a reader echoes a common concern. After all, no one wants more life than money! How …
15 Retirement Withdrawal Strategies to Protect Your Wealth
Smart and Easy Ways to Withdraw Retirement Savings Most of us look at retirement with both a sense of anticipation and a feeling of dread. It is not easy to transition from accumulating wealth to suddenly managing years of withdrawals. Before you experience the joie de vivre, it would be prudent to consider chalking out a drawdown strategy that works for you.
How To Catch-up On Your Retirement Savings
How to catch up on your retirement savings, even if you’re in your 40s or 50s. Learn ways to increase your income so you can grow your retirement savings. It’s never to late to start.
Retirable Review – Monthly Income For Retirees
This Retirable Review delves into the features, pros and cons of this low fee financial advisor, created for those over 50. Learn about the cash flow, investment strategies and human financial advisory retirement guidance.
Fidelity’s Retirement Saving By Age Inspires Tips For Retirement Saving
Do you agree or disagree with Fidelity’s retirement guidelines. Learn how to accurately plan for your own retirement.
The Truth About The 401k – Myths Exposed
6 Retirement Myths-Believe at Your Own Peril Find out how 401(k) myths can hurt your long-term wealth. Yes, it is important to invest in your workplace 401(k), but there’s more to retirement investing than that! You need to choose investment wisely and also invest outside of your 401(k) account as well. Learn the truth about the 401k and how to maximize retirement investing. 401k Myth #1 – The 401k is the Best Place for All of My Retirement Savings Not necessarily. There are many different ty…