Changes to social security have millions of Americans concerned about what this might mean to their retirement planning. Many are worried if it will even see them through their retirement experience. If you are middle-aged it is advantageous to know if and how it will affect you down the road. Social security can … [Read more...]
Retirement Planning: The Five Most Important Steps
Tax breaks, stock market behavior, the ever-fluctuating 401(k) & IRA rates; understanding these crucial sectors of your retirement plan can mean the difference between comfort and financial woes in your later years. Finding the best IRA rates is helpful to those who seek an early retirement age. Being prudent with … [Read more...]
Retirement Calculator – Your Monthly Savings Plan Contribution
A lump sum of $750,000 upon retirement is achievable. It might seem an impossible task but if a solid investment plan is put in place early enough, such a retirement figure (hopefully considerably more) is possible; however, an individual must begin saving as soon as they leave college and begin work – discipline is … [Read more...]
How much should I be planning to save for my retirement?
Eighty six percent of citizens have little confidence in their retirement plans or indeed, no plan at all. Many have no idea how much they should be saving to ensure some degree of financial stability in their retirement. Retirement planning can be difficult - a 'one size fits all' approach will not work. Everyone is … [Read more...]
Retirement Planning Calculator – Monthly Savings Tips
Eighty six percent of citizens have little confidence in their retirement plans or indeed, no plan at all. Many have no idea how much they should be saving to ensure some degree of financial stability in their retirement. Retirement planning can be difficult – a ‘one size fits all’ approach will not work. Everyone … [Read more...]
Retirement Plan Calculator – Save for Retirement
Retirement planning can appear complicated. There are many rules to follow for contribution limits for Individual Retirement Accounts (IRA’s), Roth IRA’s, and 401(k) plans. Understanding your retirement options and careful planning is necessary to reach your retirement goals. Could you retire on $47,357? That is the … [Read more...]
Ultimate List of Places to Open an IRA
If planning for retirement is important to you then opening an IRA is a great way to start saving money for the future. Whether you're looking to open a new Traditional IRA or Roth IRA or to find a new broker for your existing Individual Retirement Account in 2014 our list offers a wide range of brokers to compare … [Read more...]
5 IRA Mistakes that Cost You Money
In July of 2013, the Worker’s Retirement Institute reported that the average value of IRAs (Individual Retirement Accounts) in the United States fell to less than $28,000 – the lowest number in a decade. This means Americans, some unemployed, must work even harder to pay for their retirement. … [Read more...]
Study: Americans Contributing Record Low Amounts to IRAs
Study: Americans Contributing Record Low Amounts to IRAsA new study from Investment Company Research to examine the role of IRAs in Americans’ retirement preparedness. … [Read more...]
As Tax Time Nears, a Dire Trend with Retirement Savings
As tax time nears, a new report released by IRC, shows a continued decline in Americans' participation in Individual Retirement Accounts. The study, released in full today, shows an ever-widening gap between what average US citizens are saving for retirement and what they need to retire comfortably. As a result, … [Read more...]
