Retirement

How To Save for Retirement on a Small Income

If there’s one personal finance tactic that almost everyone agrees on, it’s the value of saving for retirement, or at least saving for your secon…

Which Retirement Plan Is Right for Me?

At some point, most of us realize that we need to start saving for retirement. For some, it comes from seeing the struggle of a parent or a grand…

When You Have To Retire due to COVID-19

Here’s a stunning fact: The Bureau of Labor Statistics reports that unemployment during the pandemic for workers 55 and older jumped from 3.3% in…

What Is a ‘Backdoor Roth’ and How Can It Help Me?

One often-overlooked obstacle in retirement is taxes. When you’re retired and you begin to withdraw funds from your traditional IRA or your tradi…

Do You Really Need a Financial Adviser?

If you find yourself in a situation where you need financial help, it may be tempting to simply look for a financial adviser in your area and tur…

How to Track Down a Lost 401(k) Retirement Account

About 26% of Americans wait until they’re in their 30s to start saving for retirement, and 15% wait until their 40s to start. That decision to st…

The Different Types of Retirement Plans, Explained

Saving for retirement can seem intimidating, to begin with. It takes yet another slice out of your paycheck and simply thinking about how much yo…

Is 65 Still a Good Retirement Age?

For almost a century, 65 has been seen as the age at which people retire in America. This is largely due to the original Social Security Act of 1…

Inflation Affects Your Retirement Savings — Here’s How

One factor that many people overlook when calculating their retirement number is the impact of inflation. In simplest terms, inflation means that…

What to Do When Your Retirement Goal Is Too High

How much should you really be saving for retirement? Is a cool $1 million enough to support you in retirement? Your retirement goal might be too…

How the Erratic 2021 Stock Market Rewards Smart Retirement Decisions

The stock market has seen ups and downs in 2020, to say the least. It took an enormous drop in the early spring, rallied throughout the summer, a…

What Happens If You Live to 100? Here’s How to Manage Longevity Risk in Retirement

Most of us are familiar with the idea of mortality risk. It’s the risk that we die earlier than expected, perhaps leaving behind people tha…