Today's infographic focuses on introducing the most essential ideas around credit and debt, especially with young people in mind.
Read More »Study Shows American Retirees Healthier & Wealthier BUT NOT Necessarily Becoming Wiser
There is a new study out from money manager United Income regarding the recent wealth of American retirees. The study finds that while the country’s retirees may be trending both healthier and wealthier, it also found an interesting notion that retirees are not necessarily becoming wiser.
Read More »Have You Asked These 5 Important Questions Of Your Financial Advisor Lately?
The decision to work with a financial adviser is not a one-and-done type of deal. You need to stay engaged and informed. While you probably covered most of your key financial questions in your first meeting or two, you should continue to meet at least on an annual basis. Here are 5 important questions to explore when you do.
Read More »Attention Job-Hoppers: Here’s How To Keep Up With Your Retirement Savings
It's very common these days for young people to move from job to job. The days of sticking with a company for decades and earning a big pension are over. Thankfully, 401(k) plans and individual retirement accounts allow workers to switch jobs without losing their retirement savings, but it's still possible for all that job-hopping to disrupt your ability to save. If you do switch jobs regularly, there are some sensible things you can do to ensure that your retirement plan stays on track. Here are 7 things to consider doing.
Read More »The Pension Time Bomb (+2K Views)
Are governments making promises about pensions that they might not be able to keep? Today’s infographic comes to us from Raconteur, and it illuminates a growing problem attached to an aging population (and those that will be supporting it).
Read More »Too Much Cash Could Hurt Your Savings For Retirement
Cash is the snake oil of investing. It feels good for a while and it sounds like a reasonable fix, but it does absolutely nothing for you and, over time, it will give you one hell of a hangover. At best, it’s a false sense of security. As the volatility in the market pushes more people to sell, the amount we are holding is exploding and, as we age, this situation becomes increasingly threatening to our security.
Read More »Is Retiring Abroad the Right Decision For You? 10 Things To Consider (+2K Views)
Retiring abroad is a lifelong dream for many. If you’ve contributed enough to a retirement account for most of your working life, the dream can turn into reality. Before you get your passport in order and start packing, though, there’s a long road of preparation to see if moving abroad is the right decision for you. Here are some points to consider.
Read More »Things to Remember When Considering Early Withdrawal From Retirement Plans
Many taxpayers may need to take out money early from their Individual Retirement Account or retirement plan. Doing so, however, can trigger an additional tax on early withdrawals. They would owe this tax on top of other income tax they may have to pay. Here are a few key points to know:
Read More »7 Things Financial Advisers Wish You Knew About Retirement
We asked financial advisers for some of the most important ideas they wish their clients understood when it comes to money, retirement, and the future [and here are 7 of the most important].
Read More »The Retirement Crisis: The Elderly are Broke
A study released by GoBankingRates reveals that older people planning their retirement have cause for concern. 42% of Americans are facing their golden years with less than $10,000 in savings.
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