The Millionaire Club: Twenty-Something
We are going to spend the week figuring out how to have a $1 million saved by the time you retire. And we'll do it by decades.
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We are going to spend the week figuring out how to have a $1 million saved by the time you retire. And we'll do it by decades.
This is not about those potholes that send us to get our tires realigned! These are all about the misalignments in retirement planning.
Online retailer Amazon has announced it will be hiring tens of thousands of people for part-time work in 2017.
The average age for retirement nationwide is 63. But here in Massachusetts folks chose to work longer and retire at 65.
It's the latest retailer to succumb to increasing competition from online rivals like Amazon.
When are you going to retire? What are you going to do when you retire? Where are you going to retire?
Panera is being acquired by Europe's JAB Holding Co. for more than $7 billion.
Bloomberg says that Panera, which has more than 2,000 locations in North America, has rising sales but its net income has been declining for years.
The Wall Street Journal reports that the company is in early talks with private-equity bidders.
Boomers as a group never saved like their parents and grandparents. So what is a Boomer to do?
Many of our listeners turn 65 today! And they will have company for 10,000 Boomers will celebrate their 65th birthday today as well.
Fidelity has been tracking this cost since 2002 and estimates the average 65-year old couple retiring in 2016 will spend $260,000 to pay for out-of-pocket health care expenses over the course of retirement.
As a rule of thumb, Fidelity suggests limiting portfolio withdrawals to no more than 4-5% of your initial retirement assets, adjusted each year for inflation over the course of your retirement horizon.
Social Security is a key part of retirement income for most Americans.
If you are an outdoor person, or someone who wears glasses, the riddle of foggy goggles is a problem.
