-
Millennials invest more conservatively than retirees
Despite the technological gap and years between them, young people today have something in common with their grandparents that may surprise you: They invest like them. In fact, numerous surveys ... -
Major money mishaps
Americans continue to fret about their finances. An increasingly complex financial world coupled with a decrease in financial literacy has caused many people to feel less confident about their financial ... -
Don't tap retirement funds too soon
A 401(k) plan should never be viewed as a pre-retirement piggy bank. Unfortunately, more and more savers tap retirement accounts prior to their retirement. In fact, a recent study by ... -
N.J. among the worst states to retire in
Figuring out where your retirement dollars will go furthest just got a little easier. For the first time, the Commerce Department’s Bureau of Economic Analysis released price-adjusted estimates of personal ... -
Key strategies for those planning to retire in 2014
Deciding when to retire may be one of the most important financial decisions that you will make during your life. Walking away from a regular paycheck and beginning to sustain ... -
Social Security misconceptions often lead to poor retirement choices
Retirees continue to lean on Social Security benefits in order to fund retirement. According to the Social Security Administration, it is expected that 38 million retired workers will collect annual ... -
Avoid costly mistakes with sudden wealth
The winner of last week’s Powerball lottery took home a cool $425 million dollars (before taxes of course). While most of us might not expect to win the lottery, it ... -
Small business retirement plans attractive for employees and employer
As our economy slowly improves, many small businesses have begun to see light at the end of the economic tunnel and are more optimistic about 2014. In fact, a recent ... -
Retirement account penalties can be costly
Accessing retirement accounts before age 59½ can prove costly, usually resulting in a penalty of 10 percent of the amount withdrawn. While many savers do not intend to tap into ... -
When to take distributions from your retirement plan
With only two months remaining in the year, seniors with retirement accounts must be sure their required minimum distributions (RMDs) are in order and taken on time. Unfortunately, more and ...
