Most of us are pretty stressed by the need to give our savings a big boost as we approach retirement. Guess what? There is actually a relatively little known retirement savings strategy that can really help: Catch up contributions. Catch up contributions are the IRS’s way of making it easier for savers age 50 and…
Retirement Savings and Investments News, Information and Guidance
If index fund investing is good enough for the most famously successful American investor, then maybe it should be good enough for your retirement. Warren Buffet, chairman of Berkshire Hathaway, one of the richest men and most successful investors in the world, recommends that people buy index funds. He often touts index funds in his…
There are two kinds of people: those who follow the rules and those who believe rules are made to be broken. If you fall into the first camp, the following list may cause you a bit of anxiety. Personal finance is full of rules. While some are helpful, others can work against you if they…
Here is a guide for how to find lost money — a lost 401k or other unclaimed retirement benefits. Finding a lost 401k or other retirement account is more tedious than treasure hunting,but perhaps just as rewarding. A few years ago, I received a strange notice in the mail: a former employer was discontinuing their…
“As the major stock indexes have, one-by-one, broken through their previous record highs in recent months, it has been interesting to observe that the dominant reaction among many investors has not been one of celebration but, rather, anxiety.” While the above may sound like current events, it’s actually an excerpt from an April 2013 client letter….
Saving for retirement is hard. However, when you are still working, creating a retirement investment plan can be comparatively straightforward. The goal is to simply grow the money. But watch out! When you retire, your investment goals become multi faceted, layered and — let’s face it — down right complicated. You still want your money…
Retirement savings advice often revolves around the long term: save small amounts on a regular basis over many years, and you will be able to save a sizeable nest egg. But what if you need to make up for lost time? What if you find yourself nearing retirement and just want to give that nest…
Of all the tactics you can use to achieve a secure retirement, one of the easiest things you can do is to invest your money and earn returns on that investment. Doing this requires virtually no sacrifice, compromise or a lot of work. However, a new study from BlackRock finds that Americans hold 58% of…
A retirement target date fund is a kind of mutual fund that is professionally managed and strategically reallocated over time to achieve both growth and security for your assets. The key goal for a target date fund is that your money will be available for withdrawal on a certain future targeted retirement date and beyond. So,…
Get the best retirement advice from retirees who really now something. Retirement advice and how it is implemented can have a profound impact on your retirement lifestyle and the estate you might leave behind. Here Henry K. “Bud” Hebeler outlines concepts that helped him not only achieve a secure retirement but also be better off…
