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Women Are Out-Saving Men for Retirement – So Why Do They Retire With Less?
Women Are Out-Saving Men for Retirement – So Why Do They Retire With Less?
With the New Year comes the desire to do more, be better, live healthier, and, yes, even contribute more to retirement savings. If you’re wanting to see your savings grow, keep reading for 6 possible ways to maximize your 401(k) performance in 2020. #1 Become an Engaged Investor Too many people don’t understand what… Continue reading 6 Possible Ways to Maximize 401(k) Performance in 2020
If you want to start the New Year off right and reach your financial goals, check out this financial checklist for 2020. #1 Set Short- and Long-Terms Goals for 2020 This comes first on our financial checklist for 2020 because, if you don’t have a plan, rarely will you reach your goals. If you… Continue reading Financial Checklist for 2020: Make This the Year to Reach Financial Goals
Planning for large purchases can be daunting. Especially if you have other pressing expenses such as a mortgage or rent payments, student loan and credit card debts, and healthcare and childcare expenses. If you’re scratching your head wondering how to plan for large purchases in the coming year, you aren’t alone. Keep reading for real-life… Continue reading How to Plan for Large Purchases in 2020 [How They Did It]
The IRS recently announced new retirement plan contribution limits for 2020, which means you have the opportunity to save even more next year.¹ With company pensions disappearing and the future of Social Security unknown, Americans are now more responsible than ever to ensure they are set for retirement. Whether it’s a 401(k), Individual Retirement Account… Continue reading New Retirement Plan Contribution Limits for 2020
The holidays are upon us, and that means gift buying is in full force. Instead of gifting toys or the hottest tech gadget that might make you everyone’s favorite Grandma or Uncle, consider these financial gift ideas for kids and grandkids. While the latest doll or iPhone might make you popular come the holidays, these… Continue reading 6 Financial Gift Ideas for Kids and Grandkids
It’s hard not to get caught up in the holiday spirit of giving and keep holiday spending under control. Holiday retail sales are expected to increase this year between 3.8% and 4.2% over 2018 and total around $730 billion, according to the National Retail Federation.¹ Consumers will spend an average of $1,047.83 per person. Specifically…… Continue reading 9 Ways to Keep Holiday Spending under Control This Year
As you near retirement, it’s crucial you do what you can to maximize your 401(k) performance after age 55. No matter how much you have saved or whether you plan on retiring at 62, 65, or later, now is the time to either catch up on or further increase your 401(k) retirement savings. What you… Continue reading 5 Ways to Maximize 401(k) Performance after 55
What’s the one correctable behavior–when done four times a year–that studies show may improve 401(k) performance by 3% 6 ? It doesn’t require you to contribute more each paycheck… Nor do you have to inject a large sum of cash into your 401(k)… It’s as simple as properly rebalancing your 401(k) four times a year. … Continue reading The #1 Correctable Behavior Studies Repeatedly Show Improves 401(k) Performance by 3%
As pension freezes and cancelations of retiree healthcare benefits continue to make headlines, now more than ever, your 401(k) needs to be your foundation for retirement. The days of our grandparents’ three-legged stool of retirement are gone. No longer is the pension the foundation, followed by Social Security, and last, personal savings. You now have… Continue reading With Pensions Disappearing, 401(k)s Are the New Foundation for Retirement