-
The best way to have a good idea is to have a lot of ideas.
Linus Pauling Categories
Tag Archives: savings
7 common money moves that can bring bad luck
Unless you happen to trip over a black cat while walking under a ladder outside your financial adviser’s office, nothing should really spook you about your money on Friday the 13th. Still, it’s a good time to remind yourself of money mistakes to avoid throughout the year. Read More
401(k) balances up 12 pct from year ago
The average balance of 401(k) retirement plan accounts managed by Fidelity Investments rose to $74,900 at the end of the first quarter, the highest level since the company began tracking balances in 1998. Read More
7 tips to improve women’s retirement prospects
Women face more obstacles to a secure retirement than men, for a combination of reasons having to do with longevity, lower earnings and often lack in savings and financial experience. Read More
Myths about money in retirement punctured
Fretting is the new normal for retirement.
Read More
6 mid-career money myths that can trip you up
Managing money doesn’t get easier with age.
Workers often hit their peak earning years only to be pulled in several directions. Beyond basic expenses there may be college-age kids or aging parents who need financial help. It can be a lot to balance at a time when retirement savings should take on more importance. Read More
Retiree health cost estimate falls, for a change
Rising health care costs are a given. But for the first time in 10 years, the outlook is improving for new retirees wondering whether they’ll be able to pay their medical bills throughout their retirements. Read More
Poll reveals baby boomers’ retirement fears
Baby boomers are starting to retire, but many are agonizing about their finances and believe they’ll need to work longer than they had planned, a new poll finds. Read More
Debunk the money myths jeopardizing your future
“I’m OK as long as there’s money left at the end of the month,” is not a long-term financial strategy. It may be tempting to believe that setting aside what little extra is left is all that’s necessary. But the truth is that a well-devised plan is the surest way to make dreams become reality.
And that holds true at any age, whether your dreams involve traveling the world, starting a business or being able to put kids through college without compromising your retirement. Read More
2 steps for developing a retirement plan
One of the weaknesses suggested in the latest Retirement Confidence Survey is the lack of planning for many workers.
Here are two steps to take to help you get on track Read More
Uneasy economy dashes retirement confidence
Stocks have bounced back but Americans continue to have serious doubts about their retirement security. The percentage of workers who said they’re “not at all” confident about having enough money for a comfortable retirement grew to 27 percent from 22 percent in 2010, according to an annual survey of workers and retirees released Tuesday, March 15. Read More
Ideas for making 401(k) savings last longer
When it comes to retirement planning, too often the focus is placed only on savings. But that’s just one side of the equation.
You’re saving so that you can ultimately spend. That means you’ll need to anticipate how much you’d like to be able to spend, and for how long. Fortunately, life spans are increasing. However, that can also mean there’s a real risk that you could outlive your savings.
One form of protection is a fixed annuity. The surface attraction is easy to understand because an annuity guarantees a steady income stream. But these products are complex and require purchasers to turn over large chunks of their savings, with only a limited ability to withdraw funds. Read More
Average 401k balances reach 10-year high
Most 401(k) accountholders continue to plug away at setting aside a portion of their pay. That consistency, along with a rising stock market helped push balances in plans managed by Fidelity Investment to a 10-year high, the retirement plan provider said Wednesday, February 23.
An analysis based on 11 million accounts showed the average balance rose to $71,500 at the end of December. Read More
