- Retirement Goals by the Numbers
The 60’s rock band The Byrds had a huge hit that opens with “To every thing there is a season, and a time to every purpose under the heaven” which is lifted straight out of the book of Ecclesiastes and as far as I know they have never been sued for plagiarism. Lyric litigation aside,… read more…
- How to Make the Most of the Retirement Saver’s Credit
Saving money in a 401(k) or an individual retirement account (IRA) is a smart way to build retirement savings. Not only will your money grow over time, but you won’t have to pay taxes on that money as it grows. You will only pay taxes when you withdraw the money in your retirement. In addition to… read more…
- Fired just before retirement? It’s not time to panic yet
The unfortunate truth is that most people do not feel prepared financially for their retirement years. A 2013 survey by American Consumer Credit Counseling found that 75 percent of people agreed that they were not financially ready for their post-work… read more…
- Borrowing from Your 401(k): The 401(k) Loan
Saving regularly in a 401(k) account and leaving it untouched is a great way to build your nest egg. That said, unforeseen situations happen to all of us at some point in our lives. If you’re desperate for cash and… read more…
- 5 Popular Countries to Consider for Retirement
When it comes to retirement there are a number of things that need to be considered. One of the most important is where you are planning to live during your golden years. For many North Americans, retiring abroad is becoming… read more…
- By the Numbers: 2025 Retirement Plan Contribution Limits
If you’re working on your retirement savings strategy for 2023 you need to know exactly how much you can sock away. The Internal Revenue Service routinely adjusts the annual contribution limits for different types of retirement plans, including 401(k)s and… read more…
- Should You Be Mortgage Free When You Retire?
When you sign the dotted line on that 30-year mortgage, you’re probably thinking how great it will be to have that house paid off right around the time you retire. But most people don’t live in the same house for 30 years like they used to. Plus some choose to take on second mortgages through… read more…
- 5 Ways You Could Be Sabotaging Your Retirement
Wanting a financially sound retirement and actually achieving it are two different things. Without a solid plan for reaching your retirement goals, your golden years could end up being somewhat tarnished. Securing your financial future is all about making the… read more…
- 401(k) Rollover: Go Direct
Have you found a new job? Are you starting a new career? What are you going to do with the 401(k) retirement plan that you left in the care of your previous employer? Here’s what you should do: rollover your old 401(k) retirement plan into your new employer’s plan right away. Don’t pass go. Don’t… read more…
- How Prepared Are You For Retirement?
When you are first starting out in your career, you tend to think of retirement as something far off. In the days of our grandparents, and even some of our parents, retirement savings wasn’t even an issue – many employers took care of that with company pension plans. Find out now: How much do I… read more…
- What To Do With Your 401(k) When Switching Jobs
Americans are switching from one job to the next as they bounce from one career to another. But, what is happening to your 401(k) retirement plan in the process? There are four options for investors. You can leave your 401(k) with your old employer, roll it over to your new employer’s 401(k) plan, roll it… read more…
- Should College Athletes Be Paid?
Elite professional athletes regularly draw salaries reaching into the millions. The minimum annual salary for players in the four major sports leagues is well into the six-figure range, and it’s not uncommon for star players to receive multi-year contracts worth… read more…
- 3 Most Common IRA Mistakes
This is a guest post from Bo Lu, CEO of FutureAdvisor, a fee-only registered investment advisor Believe it or not, the government actually wants you to save money for retirement. Sometimes the rules for contributing or not contributing can seem a bit complex but at the end of the day, the government uses tax-sheltered accounts… read more…
- What You Need To Know Before Investing In A Roth IRA
A Roth IRA is one of the best types of retirement accounts that you can own. A Roth IRA is not its own type of investment class like a stock, mutual fund, or bonds. Instead, a Roth IRA is a type of tax and accounting classification that you can designate an investment. So, why would… read more…
- How Much Do You Need in Your 401(k) to Retire?
Saving for retirement is one of the most important financial planning goals for most Americans. However, the question of how much you’ll need to retire is often quite personal and uncertain. Many American workers use a 401(k) plan to save for retirement. Figuring out how much you should have in your 401(k) to retire can… read more…
- How Rising Interest Rates Affect Retirement
What may be good for the economy may not have been good for retirees. When the markets crashed and the economy tanked the Federal Reserve lowered interest rates. Then they lowered them some more and then lowered them still further… read more…
- The Benefits of Delaying Social Security
Have you thought about what type of lifestyle you want to have during retirement? It’s time to start thinking about it, and what type of financial decisions need to be made to help you lead the life you want while… read more…
- The Economics of Yoga
Despite all of its traditions and connections to spirituality, yoga is a very physical activity that can produce fantastic results. Prolonged and consistent practice of yoga has proven to increase muscle mass and flexibility. Similar to anything else that can produce tangible results, a very large and lucrative industry has sprung up to feed the… read more…
- How to Get the Maximum Social Security Benefit in 2025
The maximum Social Security benefit in 2022 is $4,194 per month or $50,328 for the year. Most people do not get that much, though. To get the maximum you would have had to postpone benefits until age 70. You also… read more…
- 10 Money Saving Blogs to Follow
If you’re visiting SmartAsset, chances are you’re here because you’re interested in making smart personal finance decisions. Whether you’re looking for tips so you can save up to buy a home or are contemplating your financial future and saving for retirement, we have a few tips for you. But we know you may want to read… read more…