Not all older workers are counting the days to retirement — many want to work
The stereotype of retirement where people lounge on a beach somewhere for the rest of their days, is retired. Older workers aren’t always counting down the days until retirement — many do work, just in different capacities, studies show. The Bureau of Labor Statistics estimates in the next eight years, the groups of workers 65 […]
Putting the ‘Golden’ in Retirement: Retirees Share 6 Secrets to Financial Well-Being
You don’t have to look far to find disconcerting headlines about saving for retirement. According to the 2018 Northwestern Mutual Planning & Progress Study, one in three Americans have less than $5,000 set aside for retirement. While Americans’ lack of retirement planning and subpar savings habits are a cause for concern, fortunately there is […]
The Motley Fool Launches New Personal Finance Website
The Motley Fool–a financial services company dedicated to helping the world invest better–has launched The Ascent (www.theascent.com) providing consumers with reviews on hundreds of financial products and services such as credit cards, savings accounts, mortgages, and discount brokers. “For the last 25 years, The Motley Fool has sought to level the playing field on Wall […]
What Is a Pre-Tax Retirement Contribution?
It’s really hard to save enough money for retirement — but did you know the government will help you? That’s right — you can make pre-tax contributions to certain retirement savings accounts, such as IRAs and 401(k)s. It’s the government’s way of encouraging you to save for retirement so you’re less likely to rely on […]