Subscribe if you would like to receive future articles and newsletters via email.
For additional articles, see our complete article list
If you delay taking benefits till age 70, your benefit will increase 8% a year from your full retirement age to age 70.
The SECURE 2.0 Act was recently signed into law as part of the $1.7 trillion spending bill that congress passed before the Christmas holidays.
Studies have found that at 40, you should have about two times your pre-tax income invested for retirement.
To help safeguard your retirement portfolio cut back on spending during a bear market. Track your spending for a few months and look for opportunities to reduce expenses. Also consider postponing major expenses such as new vehicles, remodeling projects and major vacations until the market improves.
Target date funds (TDFs) are based solely on your target retirement date. It is one size fits all without consideration for your risk tolerance, financial situation, or financial goals.
Women often place too much focus on taking care of others rather than themselves. Take care of yourself, focus on the future, and prioritize saving for your retirement.