We all worry about having enough money to maintain a comfortable lifestyle once we stop working. Are you committing any of these seven deadly sins that will leave you wishing you had done it differently? Know that I’m not trying to save your soul here, just your retirement. Let’s dig in. This [...]
Let look at an example of two retirement savers. Bob is 24 years old and chooses to invest $250 per month until he retires at the age of 65. At the age of 24, Sue decides to delay saving until she was 40 and would save $500 per month until she retired at the [...]
? 10 Timeless Financial Tips From Knight Kiplinger – Kiplinger’s Personal Finance Sage advice about saving, spending and investing never goes out of style. These great guidelines will help everyone’s financial life. I hope you find them as useful as I did.
Combination (Combo or Hybrid or Linked Benefits or Asset Based) Life and Long Term Care (LTC) Insurance policies provide long term care benefits if you need long term care or a death benefit if you die without needing long term care; or both. Combination Life and Long Term Care Insurance policies provide guaranteed benefits with [...]
Retirement planning for middle-income workers - CBS News Making Retirement Savings Easier Automate Savings and Investment Plans Increase Contributions By Small Amounts Establish the habit and build on it How to get your retirement going? Be Incremental. Start early, take small steps forward each year. Delaying Retirement Years Worked Beyond Age 62 Retirement [...]
Saving More, Working Less If you’re planning to retire in your sixties, but your nest egg isn’t ready yet, what’s the best money strategy? Should you turbocharge your savings now, or work longer? Senior Personal Financial Correspondent Sharon Epperson runs the numbers on which option could best help your retirement goals. [...]
One of the great things about turning 65 is that you finally qualify for Medicare. That's not the end of the story but rather just the beginning. Medicare offers a myriad of choices, some of which you only have one chance at so it pays to do your homework.