#retirement savings
#retirement savings
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#retirement-savings
Retirement
from24/7 Wall St.
1 month agoDave Ramsey says if you meet these simple criteria, there is no excuse for not retiring a millionaire
Under-40 individuals who start early and consistently contribute to retirement accounts can become millionaires; aim to save about 15% of household income after eliminating debt.
Real estate
from24/7 Wall St.
1 month agoMy boomer parents ran out of money 5 years ago and didn't tell me they have nothing for retirement until the last minute
Adult child financially supports retired parents lacking savings, juggling two jobs and personal expenses while hoping a sold house appreciates and planning his own retirement.
SF real estate
from24/7 Wall St.
2 months agoLaid off at 55, This Is How I Plan to Manage $400,000 in Cash Without a Tech Job
55-year-old tech worker in San Francisco laid off unexpectedly has substantial retirement and brokerage assets, $450k cash reserve, manageable low-rate mortgage, and $70k annual expenses.
Startup companies
fromBusiness Matters
2 months agoFintech startup Chest launches app turning everyday spending into pension savings for Gen Z and millennials
An app that converts everyday cashback into pension contributions aims to engage younger, cash‑strapped consumers and grow long‑term retirement savings.
fromRefinery29
3 months agoI'm 31, I Make $166K & Egg-Freezing Treatment Has Me Struggling
Welcome toMoney Diaries where we are tackling the ever-present taboo that is money. We're asking real people how they spend their hard-earned money during a seven-day period - and we're tracking every last dollar.Today: a psychiatric nurse practitioner who makes $166,000 per year and who spends some of her money this week on a post-surgery Uber. Editor's Note and Content Flag: This is a follow-up diary.
Education
fromBusiness Insider
5 months agoA Gen Xer bumped her pay to $100K by taking on a second office job with her employer - and she works a side hustle to manage the stress
When Rivera started her second role in 2020, her pay increased to about $100,000 from roughly $60,000. Additionally, when she accepted the extra position, she initially worked 80-hour weeks but has since scaled back to about 60 hours.
NYC startup
Retirement
fromwww.ocregister.com
5 months ago10 sources of emergency cash, ranked from best to worst
Consider short-term securities and low-risk assets first when facing unexpected expenses.
Roth IRA contributions allow penalty-free withdrawals but may jeopardize retirement savings.
Cash values from life insurance policies can provide emergency funds when needed.
A 401(k) loan, while helpful, could negatively impact long-term retirement savings.
Retirement
fromMoneywise
6 months agoNYC man lost $114K - his entire 401(k) - after his physical check from Paychex was stolen. So why do 43% of retirement savers still have to deal with this 'outdated' and 'insecure' method?
Paper-based 401(k) rollovers expose savers to significant risks including fraud, delays, and limited protections.
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