Social Security may be the most valuable asset you have as you march toward financial independence
Use Tax Smarts to Hasten Retirement
There are superior alternatives to the conventional wisdom, and with some tweaks you could achieve a “portfolio longevity” increase of over three years.
Should You Care How Much Your Investments Cost?
Do you know how much your investments cost and, more importantly, should you care? After all if your returns are enough to achieve your financial goals isn’t that all you need? It turns out that the costs of your mutual funds, retirement plan choices, and other holdings are important to monitor.
Public and Nonprofit Employees Can Supercharge Their Savings
One less known benefit of being a Public or Nonprofit employee is that they can save much more of their income on a tax-advantaged basis than those in private industry. If through a combination of higher earnings and frugality you can live on far less than you earn, check out these retirement plans.
Feel the Financial Burn
This column is another in a series on good financial habits within your control, as opposed to annual stock market returns, which are not. Last time we got to work on your estate plan, while today we’ll uncover in under an hour how much you spent and saved last year.
Should You Rebalance Your Portfolio?
With many investment categories currently down for the year, now could be an ideal time to rebalance your portfolio. If you’re a casual investor, you may have heard about rebalancing, wondered what it means, and questioned whether it applies to your situation. In this column we will cover the basics of rebalancing and also investigate whether your investments require it.
Is a Target Retirement Fund Right for You?
Over the last few years, target retirement funds have become increasingly popular choices in retirement plans. In just one of these diversified funds, you can invest in both the US and international stock markets, along with safer bond-type investments. Target…
Retirement Is Not Just About the Money
You’ve probably heard that we Americans are largely doing a poor job of saving for retirement. A 2016 report by the Economic Policy Institute puts it in stark terms. By 2013, the mean investment wealth for families in their late 50s was about $164,000, which would generate close to $8,000 a year in retirement. When you combine that with the average Social Security benefit of under $17,000 a year, most are woefully unprepared to stop working in their 60s.
Rating Your Financial Strength for 2018
Evaluating Your Financial Health
Doing Good With Your Investment Dollars
Prioritize Your Investments To Support Your Situation