Browsing Tag

Retirement

Business Retirement

Could You Create Your Own Pension Plan?

SBOs are taking a new look at old-school defined benefit plans. Contrary to popular belief, classic pension plans have not disappeared. Corporations have mostly jettisoned them, but highly profitable small businesses are giving them a second look. Why are…

Retirement

A Portrait of Gen X Retirement Saving

Is this age group preparing adequately for the future? How would you guess Gen X is faring when it comes to retirement saving? Americans born between 1965 and 1980 are approaching what should be their peak income years, and…

Retirement

What Are Catch-Up Contributions Really Worth?

What degree of difference could they make for you in retirement? At a certain age, you are allowed to boost your yearly retirement account contributions. For example, you can direct an extra $1,000 per year into a Roth or…

Retirement

Retirement Blindspots

Some life & financial factors that can be overlooked. We all have a “blue sky” vision of the way retirement should be, yet it helps to plan for retirement with a little pragmatism. Fate may alter the course of…

Retirement

Retirement Now vs. Retirement Then

Today’s retirees must be more self-reliant than their predecessors. Decades ago, retirement was fairly predictable: Social Security and a pension provided much of your income, you moved to the Sun Belt, played tennis or golf, and you lived to…

Retirement

Painless Ways to Save for Retirement

Everyone knows you’re supposed to save money for retirement. So how come, according to the Employee Benefit Research Institute, over half of workers admit they have less than $25,000 in savings? It’s difficult to save money, especially if you’re…

Retirement

10 Retirement Resolutions for 2016

Take these steps to improve your retirement readiness next year. We all know we should be saving more for retirement. It’s common knowledge that increasing our retirement savings by a percent or two will help us to be better…