#retirement-savings
#retirement-savings

Pittsburgh Steelers

Britain is facing a tsunami' of pensioner poverty, says Kendall

fromwww.bbc.com

Retirement

Future pensioners to be worse off, government warns

Pittsburgh Steelers

Britain is facing a tsunami' of pensioner poverty, says Kendall

fromwww.bbc.com

Retirement

Future pensioners to be worse off, government warns

Retirement

Where Should I Invest My Extra Retirement Savings as a High Earner with a Pension?

Retirement

This is How Much You Should Have Saved by 65 - Are You Behind or Ahead?

Retirement

We're Making More Money Than We Ever Have Before. What Do We Do With It?

Retirement

Do These 3 Things to Beat the Average American's 401(k)

We're 37 and got a late start on retirement savings. How much should we aim to save now?

You can start catching up on retirement savings even in your 30s with careful budgeting and investing.

Parenting

We're 34 and 32 with a $2.5 million net worth - when is the right time to set up a trust for our child?

Prioritize your own financial needs while planning for your children's future.

Retirement

Where Should I Invest My Extra Retirement Savings as a High Earner with a Pension?

Retirement

This is How Much You Should Have Saved by 65 - Are You Behind or Ahead?

Retirement

We're Making More Money Than We Ever Have Before. What Do We Do With It?

Do These 3 Things to Beat the Average American's 401(k)

Saving for retirement is essential to avoid financial struggle.

Starting to save early increases your 401(k) balance significantly.

Claiming employer matches on 401(k) contributions is crucial for retirement.

Retirement

We're 37 and got a late start on retirement savings. How much should we aim to save now?

Parenting

We're 34 and 32 with a $2.5 million net worth - when is the right time to set up a trust for our child?

more#financial-planning

#financial-goals

Retirement

Americans Now Target $1.46M for Retirement: Are You on Track with These Age-Related Goals?

Retirement

How Many Americans Have Managed to Save $5 Million for Retirement?

Retirement

Americans Now Target $1.46M for Retirement: Are You on Track with These Age-Related Goals?

Retirement

How Many Americans Have Managed to Save $5 Million for Retirement?

more#financial-goals

Rachel Reeves expected to review pensions auto-enrolment

A review of the auto-enrolment pension scheme is expected, aiming to potentially increase employer contributions.

Born into crisis, gen Z is saving for retirement like no other generation | Gene Marks

Gen Z is leading in retirement savings, surpassing previous generations significantly in 401(k) contributions.

fromThe Local Germany

'10 a month': Germany to set up pension accounts for all children from age 6

The federal government aims to encourage school children in Germany to think about saving for retirement from an early age through an early start pension initiative.

Germany politics

#401k-plans

Retirement

Do I Include 401K Contributions When Calculating My Monthly Savings?

The Typical 401(k)-Only Retirement: My Dad's Story at 67

Relying solely on a 401(k) for retirement savings is common but has both benefits and potential pitfalls.

Retirement

Do I Include 401K Contributions When Calculating My Monthly Savings?

The Typical 401(k)-Only Retirement: My Dad's Story at 67

Relying solely on a 401(k) for retirement savings is common but has both benefits and potential pitfalls.

more#401k-plans

fromBusiness Insider

A 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

fromwww.ocregister.com

10 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.

fromMoneywise

NYC 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.

#early-retirement

Retirement

$5 Million at 50-Something: Rich Enough to Retire, or Just Scared?"

Many Americans dream of early retirement, but its feasibility is declining; for those with sufficient savings, it is possible, yet comes with challenges.

Retirement

Is It Possible to Retire By 40 If You've Banked $2 Million?

A $2 million nest egg by age 40 can allow for early retirement if managed wisely.

$5 Million at 50-Something: Rich Enough to Retire, or Just Scared?"

Many Americans dream of early retirement, but its feasibility is declining; for those with sufficient savings, it is possible, yet comes with challenges.

Is It Possible to Retire By 40 If You've Banked $2 Million?

A $2 million nest egg by age 40 can allow for early retirement if managed wisely.

more#early-retirement

Dave Ramsey's Warning: Don't Tap Your 401(k) to Pay Your Mortgage

When faced with rising rent and mounting debt, the temptation to dip into a 401(k) to buy a home can be strong, but personal finance expert Dave Ramsey warns against it.

Retirement

Thinking of Putting All Your Savings Into VOO? Here's Why You May Not Want To

The Vanguard S&P 500 ETF (VOO) provides solid exposure to large companies for retirement savings, but diversification is crucial.

Should I give up my low 2.3% mortgage rate to buy my dream $650k home?

Homeowners must weigh financial benefits of low mortgage rates against lifestyle needs, especially with future family considerations.

Having $3M in Investments-Why Doesn't It Feel Sufficient?

Reaching $3 million in retirement savings by age 50 is a significant accomplishment despite personal financial uncertainties.

Parenting

fromFast Company

Why more parents are supporting their adult children financially

Parents of grown children are increasingly providing financial support, affecting their retirement savings.

UK politics

The Guardian view on Labour's pension reforms: building on flawed foundations | Editorial

Rachel Reeves advocates for UK pension funds to invest in local infrastructure, addressing both retirement savings and economic regeneration.

All-In on QQQ? These 3 ETFs Offer a Smarter Path to Growth

The recent market dip was described by Wells Fargo as an 'attractive entry point,' indicating that purchasing QQQ and other growth ETFs could be worthwhile.

Cryptocurrency

fromFast Company

3 tips to balance your short-term and long-term savings goals

Balance saving for short-term goals without neglecting long-term investments, as compounding plays a crucial role in financial growth.

#market-volatility

Cryptocurrency

1000-Point Market Swings Signal Danger: Boomers Should Move to 5 Guaranteed Dividend Investments

fromThe Motley Fool

Marketing tech

Stock Market Sell-Off: 2 Growth Stocks to Buy Hand Over Fist | The Motley Fool

Cryptocurrency

1000-Point Market Swings Signal Danger: Boomers Should Move to 5 Guaranteed Dividend Investments

fromThe Motley Fool

Marketing tech

Stock Market Sell-Off: 2 Growth Stocks to Buy Hand Over Fist | The Motley Fool

more#market-volatility

Should You Stop Saving for Retirement and Hoard Cash?

Stay committed to retirement savings amidst market uncertainty; invest in quality stocks while prices are low.

Should I Double Max Out My Roth IRA or Invest My $20,000 Elsewhere?

Maxing out a Roth IRA provides significant tax benefits for retirement savings.