National Retirement Security Week: Are You Saving Enough?
According to a report released by Fidelity, which represents over 15 million U.S. workers, the average 401(k) balance at Fidelity was around $98,000 as of July 1 this year.
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According to a report released by Fidelity, which represents over 15 million U.S. workers, the average 401(k) balance at Fidelity was around $98,000 as of July 1 this year.
The low level suggests that employers are confident enough in the economy to hold onto workers.
Between ten and 20 cities and towns across Massachusetts are scrambling to sell their locations.
If you turned 50 this year there are a couple of bonuses; first you can join AARP and the second is you can contribute more dollars to your retirement plan.
Among large employers, 92% offer a retirement savings plan, but the number drops to 72% for employers with fewer than 100 workers, but not all employees take advantage of the plans offered.
This is National Retirement Security Week. Its goal is to raise public awareness about the importance of saving for retirement.
Being a snowbird like my Juncos, six months south and six months north, could be a great life style in retirement but one place will need to be your legal residence. Basically, where are you from?
If you've reached the magic age of Medicare, which is 65, you shouldn't have any problems with doctors and health care facilities accepting your health insurance wherever you are in the U.S.
Snowbird envy happens to a lot of us as we watch those RVs head south. We wonder about all of the adventures and life on the open road.
The real snow birds, the Juncos, spend about 6 months north and 6 months south. But south to them is Massachusetts!
Talking about the snow birds is one of my favorite segments.
A depreciating asset is one that loses values as soon as it leaves the showroom.
Dollar signs are dancing in everyone's head. They point to Colorado where the sale of recreational pot has been legal for nearly four years.
Folks have been very generous in sharing money mistakes. At the work shop last week folks shared some interesting mistakes that many of us have made.
The lifestyle portrayed for a 30-year-old single is one of extravagance. Dinners out, clubbing a couple of nights a week, trendy clothes, gym membership and SUVs, great vacations and upscale apartments. Can you afford all that?
