5 Important Retirement Savings Milestones to Reach In Your 50s
When you’re just a few short years away from retirement, there are some exciting milestones to prepare for. Now’s the time to buckle down and think about what you want your retirement to look like and how your savings strategy can help make it happen. Below we’ve identified five savings milestones you should address as you move closer to your dream retirement. Milestone #1: Determine How Much You Need to Save At this point, you may have a general idea of how much to save for retirement. As you near the final stretch, now’s the time to dig in and decide how much you need to save up before leaving your 9-to-5 job for good. Start by considering what your ideal retirement will look like. Your retirement lifestyle plan will help you determine how much you’ll likely be spending in retirement. In other words, your retirement lifestyle plan will directly…
Should You Take a Loan From Your 401(k)? (And Why The Answer Is Usually No)
Sometimes, it may feel tempting to take a 401(k) loan, especially if you’re strapped for cash. However, doing so comes with costly consequences.
Is Cash Always King?
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How Gen X Can Start Off 2021 On Good Financial Footing
Today, we’re going to look at the top ways the generation that wears many hats can prioritize their financial wellbeing in the new year.
Why You Should Sell Your Vacation Home
If you’re still working to build wealth, you should sell your vacation dream home and use the money to work for your family.
Teach Your Kids Early About The Value of Money
Walking kids through your financial decisions will allow them to begin to see the light. Starting these lessons early gives them a gift that will pay dividends (and interest) for the rest of their lives.
A Little Relaxation and Vacation Can Get You Back on Track
Vacations are something we all deserve, and the benefits are boundless.
Career Change and Pocket Change: Financial Advice for Career Shifters
If you are considering a career change make sure you are thoroughly weighing all of the pros and cons.
Don’t Let Identity Theft Ruin the Holidays
Here are some steps we can take to spend safely this holiday season.
What Women and Men Get Right about Investing
Several recent studies have shown that women who invest outperform men