While my parents were always able to make ends meet, there wasn’t much leftover. That meant that there wasn’t much wiggle room for unnecessary spending. However, I didn’t realize that that also meant that my parents weren’t prepared for retirement. While they do get Social Security and a small pension, money is tight for them. It’s…

Retirement is important for everyone, but it’s even more crucial for those in Generation Z. Why? Because the earlier you start saving, the more money you’ll have to enjoy in your golden years. As Gen Zs are starting to enter the job market, they should be thinking about retirement investing now rather than a decade down the road….

When setting up a retirement plan, many of us have been taught that as a rule, we should save at least 10 to 15 percent of our annual pre-tax salary. Yet, even as we see the cost of living increase, and adjusting our savings for any hurdles that may be thrown across our path—creating a…

In the middle of 2022, what shall we modify our retirement plans? Sure, cover the essentials. Maybe you will find that you did the retirement things year after year correctly, but you’re still slower. What shall you do? Increase your contribution rate, even just one percent annually is helpful. Basics Of Retirement Planning After doing the…

When it comes to retirement savings, women have been lagging behind men. Just how bad is it? In retirement, women are 80 percent more likely to live in poverty as compared with men, according to AARP. And, the pandemic has made this disparity even worse. According to an analysis from Age Wave and Edward Jones,…

When we talk about retirement planning, the most common focus is how much we are saving to support ourselves in retirement. Simplifying to one goal is a great way to get started, but planning for retirement requires a lot more than just picking a savings rate. Here are some other considerations to think about when…

A 2018 study by Northwestern Mutual found that nearly two-thirds of Americans who have a plan to save money for retirement are certain they’ll outlive their savings. Moreover, one in five Americans (21 percent) have no retirement savings at all, and another 78 percent are concerned about not having enough money saved for the future. Here is…

Once you’ve settled down and don’t have to worry about finances, your business, or really anything else—what do you do with your time? You work your whole life investing and preparing for retirement, but what are you even going to do in retirement? Hey, Retired Person—Understand That You Hold the World in Your Hands. Well,…