Inflation is one of the key factors you will need to consider when planning for retirement. Not only will the cost of living rise while you’re accumulating assets for retirement, but it will continue to rise during your retirement, which could last 25 years or longer.
For long-term investment goals such as retirement, time can be one of your biggest advantages. That’s because time allows your investment dollars to do some of the hard work for you through a mathematical principle known as compounding.
Baby Boomers are reaching the age when they must begin taking required minimum distributions from tax-deferred retirement accounts.
A will is often the cornerstone of an estate plan. With that being said, here are five things you can do with a will.
It’s a Catch-22: You feel that you should focus on paying down debt, but you also want to save for retirement.
Wondering if you can transfer your traditional 401(k) balance over to a Roth IRA? Well, the answer is yes.
Prepaying funeral expenses may allow you to “lock in” costs for future funeral or burial services at an agreed-upon price.
For many workers, there may be mathematical and psychological advantages to keeping a pension. On the other hand, a lump sum could provide financial flexibility that may benefit some families.