5 Questions to Ask to Better Determine Your Required Retirement Savings ››

5 Questions to Ask to Better Determine Your Required Retirement SavingsFor many individuals, saving for retirement is a somewhat unusual concept. On the one hand, the general concept of saving for retirement is easy to understand – you’ll need a lot of money to live off of once you stop working, so

What is a myRA? ››

What is a myRAMany economists believe that one of the big financial “ticking time bombs” in the U.S. is the fact that current levels of retirement savings are very low, and that the Social Security retirement program – which was never intended to be the

5 Steps for a Retirement Savings Tune-Up ››

5 Steps for a Retirement Savings Tune-UpLike any other personal finance goal, getting to retirement with a healthy nest egg requires long-term planning and effort. But the plan you might have come up with early in adulthood might no longer be the best way for you to reach

The Most Important Retirement Planning Questions You Need to Ask ››

The Most Important Retirement Planning Questions You Need to AskEffective retirement planning is much more than just plugging a few numbers into an online calculator in order to come up with an amount that you need to save each month. Unfortunately, it’s easy to fall into a mindset of thinking that

Which Type of Annuity is Best for Your Retirement Savings Goals? ››

Which Type of Annuity is Best for Your Retirement Savings GoalsFor most individuals, retirement planning is largely a self-directed exercise. Once we set up our 401(k) and IRA accounts, we are responsible for deciding what to invest in, how long to hold those investments, and how to change our investment strategies over

The Changing Landscape of Retirement Healthcare ››

The Changing Landscape of Retirement HealthcareThe state of health care in the United States continues to be one of the most controversial issues of the day. Many things are starting to change in response to the Affordable Care Act, for example, as are the ways that we

Why Baby Boomers May Not be Able to Afford Retirement ››

Why Baby Boomers May Not be Able to Afford RetirementAs increasingly larger numbers of baby boomers reach retirement, some are being faced with an uncomfortable reality – namely that they’re not in as strong of a financial position as they assumed they would be. In many cases, the financial realities of

Consider these Tax Friendly States for Your Retirement ››

Consider these Tax Friendly States for Your RetirementEven after you enter retirement and are no longer earning a wage (or even if you just cut back your work schedule for a “working retirement”), you still need to do tax planning. Your retirement income is still generally subject to federal

Retirement Advice on Living Comfortably Off of Your 401(k) ››

Retirement Advice on Living Comfortably Off of Your 401kThe 401(k) and the Individual Retirement Account are the cornerstones of any solid long term retirement savings plan. Both of these accounts have a number of different characteristics that can provide value that will yield significant results in retirement. But your 401(k)

What is Car Sharing for Seniors? ››

What is Car Sharing for SeniorsWith seniors enjoying longer lives, but having fewer defined benefit pension plans to rely on to fund their retirement years, many are finding creative ways to cut back on their living expenses. Those who haven’t been able to save enough to enjoy