Retirement savings accounts, like 401(k) and Roth IRA accounts, are excellent tools to help Americans save for a comfortable retirement. It’s not enough to merely have an account. If you want to make the most of your IRA or 401(k) account so you can truly live out the retirement you’ve always dreamed of, there are …
Saving for retirement is a marathon, not a sprint and the sooner you start, the better. As reported by the Motley Fool, 55% of non-retirees have a 401(k) or 403(b), while 25% have no savings for retirement. What category applies to your situation? If you’re part of that 55% or are considering the benefits of …
Chances are, you’ve heard of an IRA account before and you may even have one set up through your employer. But, contrary to popular belief, IRA is not just an umbrella term used to describe retirement accounts. There are different types of IRAs with different uses, purposes, and benefits. In this post, we’ll go over …
The average retirement age in the United States is between 62 and 65. However, social security benefits don’t kick in until after the age of 66, so many people are putting retirement off until age 67. You’re in your prime, so you’re probably not even contemplating retirement yet. But it’s definitely something that should be …
