Learn the retirement theory around safe withdrawal rate and if it is a calculation that you should base your retirement plan off of.
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One of the issues that politicians, pundits, and financial professionals are concerned about is the "retirement crisis" that seems to be afflicting the country. If you are interested in getting your feet wet with retirement, one possibility is the MyRA, which was recently introduced by President Barack Obama during his 2014 State of the Union Address.
During his 2014 State of the Union address, President Barack Obama unveiled a plan designed to encourage more people to save for retirement. The new account is called a MyRA. Before you rush to open you account, however, you need to understand what it is and how it works.
Many of us look forward to retirement. However, as with all things in life, retirement requires money. As you do your best to figure out how much you need, here are some hints for getting a reasonable idea of what to expect:
One of the most important things you can do for your future is to save up for retirement. But, before you start investing, you need to have a good idea of how much you are likely to need.
One of the best ways to build your nest egg is to participate in an employer-sponsored retirement plan. There are a few key indicators that allow you to determine whether your company’s 401(k) is good or bad:
Playing catch-up with retirement can be very stressful, but you can still meet your retirement goals if you follow these simple suggestions.
One of the most common questions I got in my previous job was how to start investing in your 20s. The question commonly came from young professionals in their first or second “real” job out of college who suddenly found themselves making a somewhat decent salary. I was always encouraged to have these conversations as it showed they were thinking about their retirement planning but it also showed, to a certain extent, the level of financial literacy in our education system.