Don’t Let These Money Mistakes Ruin Your Retirement Fund
Retirement

Don’t Let These Money Mistakes Ruin Your Retirement Fund

We all know how important saving for retirement is to secure a financial foundation in our golden years. A report by TD Ameritrade found that 28 percent of Americans in their sixties have less than $50,000. About two-thirds have less than $100,000 who are in their 40s. The likelihood that people who find themselves in…

Effective Investment Strategies for an Earlier, Richer Retirement
Retirement

Effective Investment Strategies for an Earlier, Richer Retirement

Most of us are not starting to invest for retirement, even if we don’t have a pension that we can rely on when we retire. Social Security won’t allow us to live a comfortable lifestyle. In the end, it’s up to us to support ourselves when we stop working. Investing is one of the most…

How to Retire Earlier with Your Current Income?
Retirement

How to Retire Earlier with Your Current Income?

Do you want to start getting ready for retirement sooner with your current income? Or do you have early retirement planning? It requires careful planning to make it more than a pipedream. Getting retirement planning services from a knowledgeable resource is one option. They can provide early retirement planning advice based on your current financial…

Is Downgrading Your Lifestyle Necessary to Meet Your Retirement Goals?
Retirement

Is Downgrading Your Lifestyle Necessary to Meet Your Retirement Goals?

Fear of running out money when you retire is a common concern. Around 65 percent of American households are at risk of being unable to maintain their living standards and start to invest for retirement because they do not have enough money. There are levers that we can push if we don’t want to sacrifice…

Preparing for Retirement: How to Build A Retirement Budget
Retirement

Preparing for Retirement: How to Build A Retirement Budget

Retirement is a time to kick back and enjoy life at our leisure after decades of working, raising children, and other “adulting” responsibilities. Many people who are coming into their retirement years are concerned with running out of money. They’re uncertain how often or how much they can pull from retirement accounts to make it…

How Much Money Do You Need To Retire: Are You On Track?
Retirement

How Much Money Do You Need To Retire: Are You On Track?

When it comes to retirement planning, you need to work backward. The first thing you need to establish is how much money you think you will need to live comfortably in retirement.  Many experts estimate that you will need to replace 80 percent of your current income annually in retirement to continue living a comfortable…