I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 3 of the easiest ways to catch up (and fast) So, you’ve left planning for your golden years...
Tag: Retirement
Inflation Is Forcing Many Retirees to Put Long-Awaited Plans on Hold—Again
Brenda Dickason dreamed of traveling to Europe in retirement. Instead, the former teacher and police detective spent 2022 watching TV with her husband at their Tucson, Ariz., home and selling homemade...
I’m 53, just got laid off, and wondering what to do now. I have $425K saved for retirement, $10K in an HSA, and a property I could sell for an extra $200K in cash. Is getting professional help wise?
Getty Images/iStockphoto Question: I was laid off from my job of 12 years. I have a few questions about how to rearrange my future financial plan. I am 53 years old and I plan to go back to work once ...
If You Delay Retirement, You Should Also Delay This
SmartAsset: If You Delay Retirement, You Should Also Delay This For many reasons, including rising costs of living and longevity, Americans are delaying their retirement. While workers in the past wou...
Here are 3 ways Gen Z workers can start saving now for retirement
Luis Alvarez | Digitalvision | Getty Images If you’re just out of college, you may be wondering when the right time is to get started with a retirement savings plan. The answer is now, experts s...
This one great idea can make everyone better with money, older Americans say
Surveys regularly show that older Americans have regrets about lots of things — working too much, choosing the wrong partner, not taking care of their health, etc. There are often financial regrets to...
Retirement Planning: 8 Types Of Tax-Free Income
Building your retirement nest egg is hard and time consuming. Instead, why not boost the amount of money available to you to pay for things you want or need? You do that with solid retirement planning...
Quantum Computing’s Promise and Hurdles
To the Editor:Quantum computing is a fascinating topic (“Quantum Computing Will Change the World. How to Play the Stocks,” Cover Story, Nov. 25). I’m not sure what the ultimate payoff will be, even if...
How To Achieve The Mythical “Dividends Only” Retirement
Mature couple using a laptop while relaxing at home getty Let’s be honest: after the year we’ve just put in, we’re all exhausted. But we can’t let our guard down. Because at times like these, it’s eas...
Opinion: 4 numbers retirement savers need to know heading into 2023
The past couple of years have been challenging for almost everyone invested in stocks or bonds, including anyone saving for retirement through employer-sponsored plans. With markets down across the bo...
Here’s how much the typical baby boomer has saved for retirement — how do you stack up right now?
Here’s how much the typical baby boomer has saved for retirement — how do you stack up right now? The 71.6 million men and women of the postwar baby-boom generation started hitting retirement ag...
Should I live the good life now or pinch pennies for retirement? Here are 3 simple ways to find the ‘sweet spot’ between spending and saving
Should I live the good life now or pinch pennies for retirement? Here are 3 simple ways to find the ‘sweet spot’ between spending and saving Most people either identify as a saver or a spe...
How to Maximize Your Wealth Over the Next Decade
Investors accustomed to blockbuster returns faced a reckoning this year, as the great bull market ended with high inflation, soaring interest rates, and fears of a recession. The uncertainty persists,...
How to Keep Your Retirement on Track in an Unpredictable Market
Retirees and investors on the cusp of retirement are under stress this year. Inflation has spiked to multidecade highs, stocks have tumbled, and bonds—a haven in normal times—have slumped. The traditi...
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts – Regulation Bitcoin News
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement s...
Smart & Simple Ways to Invest Money After Retirement
how to invest after retirement Investing during retirement can be something of a catch-22. On the one hand, you want to keep your money growing. You don’t want to let it languish in a no-interest chec...
New York AG wants retirement fund crypto ban
The upheaval that surrounded the cryptocurrency exchange FTX and Sam Bankman-Fried (SBF) confirmed the conviction of authorities that there is a need for stronger regulation throughout the whole crypt...
New York AG pushes prohibition of crypto purchases via retirement funds
The turmoil surrounding crypto exchange FTX and Sam Bankman-Fried (SBF) reaffirmed regulators’ belief about the need for stricter oversight across the crypto ecosystem. Seeking investor protection aga...
New York Attorney General Calls for Ban on Retirement Investments in Crypto Assets
New York Attorney General Letitia James is calling for a ban on crypto assets as an investment option for retirement accounts. In a recent letter penned to members of Congress, James details why the p...
Opinion: Fidelity sticks with bitcoin 401(k) offerings despite crypto turmoil — but why?
I have to hand it to Fidelity. For their nerves of steel, at least. The company that runs America’s biggest 401(k) platform is sticking with its plans to offer bitcoin in retirement plans. This is des...
DOL’s New ESG Rule ‘Unremarkable’
AFP via Getty Images Two days before Thanksgiving, on November 22, 2022, the Department of Labor (“DOL”) released its much anticipated “Prudence and Loyalty in Selecting Plan Investments and Exercisin...
Senators Urge Fidelity to Drop Bitcoin Retirement Offering
United States Senators on Monday issued yet another letter to Fidelity Investments, urging it to reconsider offering Bitcoin to its customers following the total collapse of cryptocurrency exchange FT...
Lawmakers Urge Fidelity to Drop Bitcoin Retirement Plan After FTX Crash
U.S. Senators today sent another letter to investment giant Fidelity Investments, warning it against offering Bitcoin to its customers following the collapse of crypto exchange FTX. Senators Elizabeth...
Tax Changes Boost Retirement Contribution Limits For 401(k)s, IRAs In 2023
High inflation in 2022 has increased income limits and contribution amounts for IRAs and 401(k)s as … [+] well as other retirement plans in 2022 (Photo Illustration by Scott Olson/Getty Images) ...
Can you still retire on $1 million? That’s what today’s millionaires want to know.
OK, so a million dollars isn’t what it used to be. That’s the worry among a surprising number of America’s millionaires. So, at least, reports money-management giant Natixis, which owns bond shop Loom...