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Category: Retirement Savings

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Categorized as Retirement Savings, Retirement Tips

Pre-Retiree Confidence Is Declining: How to Prepare Now

We feel retirement planning has never been more important, yet confidence in a secure financial future is shrinking. A March 2025 Fidelity Investments® State of Retirement Planning study reveals that while 7 in 10 of those currently in retirement feel stable, confidence in retirement outlook among pre-retirees has dropped by 7 percentage points from last… Continue reading Pre-Retiree Confidence Is Declining: How to Prepare Now

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Categorized as Financial Health, Retirement Savings

One Move That May Improve Your 401(k) Returns in 2025

If you’re looking to improve your 401(k) performance in 2025, there is an often-overlooked strategy that may help.  It’s called rebalancing. And failing to rebalance your portfolio could mean losing more than necessary in down markets or not maximizing gains in strong ones. Yet, many 401(k) investors often fail to rebalance, and, in doing so,… Continue reading One Move That May Improve Your 401(k) Returns in 2025

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Categorized as Financial Health, Retirement Savings

Worried about the Market? Here’s What You Need to Know

When markets drop, it can be easy to panic.  But history shows that staying invested through downturns can often be the smartest move. In this special market update, we break down what’s happening right now – and why sometimes doing nothing may be the best strategy. What’s Going on in the Market We’re seeing corrective… Continue reading Worried about the Market? Here’s What You Need to Know

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Categorized as Retirement Savings, Retirement Tips

Think Social Security Will Cover Retirement? Think Again.

Many Americans mistakenly believe Social Security will be enough to fund their retirement – but reality paints a different picture.  Consider the most recent cost of living adjustment. The 2025 Social Security COLA increase is just 2.5%.¹ This minimal increase means “retired workers’ Social Security checks will grow by around $48 a month, going from… Continue reading Think Social Security Will Cover Retirement? Think Again.

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Categorized as 401(k) Mistakes, Retirement Mistakes, Retirement Savings

401(k) Mistakes to Avoid in Your 40s and 50s

Your 40s and 50s are often the prime years for building wealth, but too many people may make avoidable mistakes with their 401(k)s – mistakes that could cost them in retirement.  Whether it’s not saving enough, ignoring market shifts, or borrowing from your future, these missteps can add up fast.  The good news?  It’s normally… Continue reading 401(k) Mistakes to Avoid in Your 40s and 50s

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Categorized as Retirement Savings, Retirement Tips

3 Major 401(k) Changes in 2025 You Need to Know

Retirement savers, take note – 2025 is bringing big changes to 401(k) plans.  That’s because the SECURE Act 2.0 introduces changes that could offer investors new opportunities to enhance their retirement savings. These updates aim to make saving for retirement more accessible and effective for 401(k) savers. Here’s a breakdown of the top 3 changes… Continue reading 3 Major 401(k) Changes in 2025 You Need to Know

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Categorized as 401(k) Mistakes, Retirement Savings, Retirement Tips

Are These 401(k) Myths Impacting Your Retirement Savings?

401(k) plans are a critical tool for many Americans striving to secure their retirement. These tax-advantaged accounts often represent a significant portion of an investor’s financial future. However, common misconceptions about 401(k) plans may hinder participants from optimizing their retirement savings. Sometimes, the beliefs we hold as facts can lead us astray. This applies to… Continue reading Are These 401(k) Myths Impacting Your Retirement Savings?

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Categorized as Retirement Savings, Retirement Tips, Uncategorized

How to Increase Retirement Savings in 2025

If you know you need to make some changes in order to increase retirement savings in 2025, then keep reading. We’ve compiled 9 potential changes you can make to your saving, spending, and investing habits that may increase retirement savings in 2025. Read on to learn more. The State of Retirement Savings According to the… Continue reading How to Increase Retirement Savings in 2025