3 Routes To Steady Retirement Income
If you are one of the fortunate few who have a defined benefit retirement plan, you have more predictability in your retirement income than most. You can calculate your combined pension benefits and any Social Security benefits that you have earned and have a clear idea of your annual income throughout retirement – assuming you […]
This is what it really takes to become a 401(k) millionaire
The current retirement system leaves much to be desired. There are a decent number of people taking advantage of tax-deferred savings vehicles, but it’s a fairly small number that ever reaches millionaire status in these accounts. In Fidelity’s defined-contribution plan, there are roughly 157,000 people who have saved at least $1 million in their 401(k). […]
When it comes to early retirement, what do we owe our aging parents?
When we talk about how to retire early, and how much we need to save, we often only talk about how much our own needs and wants will cost. But of course that’s an incomplete answer. For nearly all of us, there are other people in our lives who may need to factor into our […]
How Millennials Can Retire in Their Early 60s
No one can say millennials aren’t optimistic. Even with the uncertainty that surrounds stock markets today, millennials think retiring by age 61 remains a realistic possibility, according to a new Bankrate survey. However, older generations are not as confident as the youth of America. Half of the baby boomer population thinks it’s best to retire […]