Key Retirement Birthdays: Not Quite 60
The number I am looking for is actually 59½!
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The number I am looking for is actually 59½!
Age 55 seems to be a magical number. It's the elusive goal!
With thousands of mutual funds to choose from, you need a disciplined process to whittle down the number to something that is manageable.
It's almost the New Year and it's a good time to review what benefits you have at work.
Only 70% of employers currently offer retirement plans. And of those that did offer retirement plans only 52% of workers participated.
A recent study found the average 401(k) balance is close to $40,000. That's not enough!
Congress realized a couple of years back that most workers will not have enough retirement savings set aside for their golden years.
You may have a 401(k), a 403(b) which is for nonprofit organizations such as schools and hospitals, a 457 plan which covers state, county and city employees and there is a Thrift Savings Plan for federal employees.
Almost all 401(k) plans and some 403(b) and 457 plans allow the participant to borrow from their plan.
How many IRAs do you have? How many retirement plans?
It's midyear and this is a good time to review your retirement accounts.
Many recent grads had to move back home because they could not find a job and right about now mom and dad are making demands they find something so they at least have spending money.
You wake up one morning and you realize the baby is having a birthday and she's 13 today.
More women are getting involved in family finances, but research shows they may not know where to begin. Women lag behind men when it comes to investing.
A recent survey found more women are taking an active role in their family's finances. That same poll found many feel they're not as well versed in these matters as they'd like top be, however.
Back in 1981, the 401k as we know it was born when Ted Benna allowed his employees to make pre-tax contributions to their retirement accounts.
Minimum required distributions known as MRDs normally must begin at age 70½ for your IRAs except the Roth IRA.
When we hear the word rollover, we think of a dog following a command to rollover, wanting a treat.
Let's start with the simplest plan first.
We have Generation Xers frozen in our minds as this 25 year old but they are no longer kids.
A new report from Boston-based Fidelity Investments shows 401(k) retirement accounts are almost back where they were before the recession.
The mother of all birthdays has come and gone and the first of the Boomers are now getting senior discounts when they go to the movies.
Do you need $1 million to retire comfortably?
Retirement planning should start with your first job.
Depending what study you read Saving More was often the number 1 resolution for the New Year.
