Play catch-up When kids leave home, empty-nesters typically increase their 401(k) saving by less than 1% of pay, a recent Boston College study found. That may not be enough to get you where you want to go. So before you find new ways to use those dollars, bump up your saving by the amount you …
Couples In Their 50s Should Make These Retirement Steps Read More »
PARING DOWN Many people spend their entire adult lives looking forward to the freedom of retirement, yet when the time finally comes, saying goodbye to one’s steady source of income can be scary. Whether you’re already retired or just planning ahead, you can mitigate some of the myriad financial worries by whittling down expenses with …
STAKE YOUR CLAIM Social Security payments are the primary source of income for many retirees. Nearly 30 percent of respondents to a 2016 survey by the Federal Reserve Board indicated that they had no retirement savings. Whether Social Security will be your sole means of support or a source of pocket change, it’s a good …
This Is How Much You Need to Survive Retirement in Your State People planning for retirement have no shortage of rules of thumb to follow when they ask, “How much money do I need to retire?” Some experts suggest saving 1 percent of your salary by age 30, increasing every year until you have 10 …
This Is How Much You Need to Survive Retirement in Your State Read More »
If beer only conjures up images of frat boys pounding cans of the cheap stuff or doughy sports fans reveling in the alcoholic refreshment before, during, and after a big game, think again. Beer has come a long way, baby, and many of the preconceived notions about the beverage are decidedly unfair, as evidenced by …
These 11 Misconceptions About Beer Will Shock You Read More »
If you’re struggling to either save for retirement or spend less during those years, you aren’t alone. A GOBankingRates.com study found one-third of Americans have $0 in retirement savings and 23 percent have less than $10,000 saved. What to do in retirement is becoming an increasingly alarming issue in the U.S. Aside from standard employer-sponsored …
These 25 Amazing Ideas For Retirement Will Get You Excited Read More »
COOL OCTOBER DISCOUNTSYES When it comes to shopping, October is an odd month sitting smack in the middle of the back-to-school frenzy and the holiday extravaganza. But there are plenty of October deals to be had. The best buys range from leftover items from previous months to goods discounted in advance of the big …
Have you ever looked at someone rich and felt a tinge of envy, believing you’d be set for life if you had all that money? Well, maybe you would — or maybe you wouldn’t. As many former millionaires have painfully discovered, there is no such thing as having too much money to ever go broke. …
You work hard for your money but, unfortunately, financial stress is still far too common, and many Americans feel — with good reason — that they don’t have enough cash to cover an emergency or fund a secure retirement. One big reason why your money may not be going as far as you want it …