“Start early” is one of the first tips any financial planner will offer regarding retirement. But if you find yourself age forty or older with little to no savings set aside for retirement, simply wishing you’d started earlier won’t get you anywhere. We spoke with two certified financial planners who […]
Millennials seem to have the right mindset for retirement savings. According to a Spring 2013 report from Merrill Edge, Gen Y-ers (also known as Millennials, and defined as those age 18-34) are starting to save for retirement much earlier than previous generations. While the average age that Baby Boomers started […]
To better understand what we can all be doing now to better prepare for the future, we turned the question to readers. We asked, “What do you wish you’d known about retirement savings when you were younger?”
What’s the best tool out there to help you plan for retirement? That depends – are you a Boomer, a Gen X-er or a Millennial? According to a recent survey from the American United Life Insurance Company, the preferred resources for retirement preparation rely heavily on age. Here’s a breakdown […]
Few tasks are as daunting as putting enough money away for retirement. According to a 2013 survey from the Employee Benefit Research Institute, working Americans are worried that their retirement savings simply won’t cut it. A small minority of Americans – just 13% – are “very confident” about having enough […]
If you’re like 49% of working Americans, you’re not feeling terribly confident about the money you have tucked away for retirement. In fact, for many, the idea of saving enough is so daunting that they continually put off the process of calculating how much they’ll need to have saved in […]