Late Start on Retirement

Are you getting a late start on saving for your retirement? While this is not ideal, it is not impossible to catch up quickly – if you take the aggressive approach. People are living longer these days, so even if you thought you would have enough… as you near retirement, you might discover you don’t. If this is you, then consider some of these following options. Start learning to live with less. Change your lifestyle before you retire. This provides you two bonuses – you can learn to live on less income and you can use this reduction in your … Continue reading

Types of Retirement Accounts

If you have thought about retirement savings you know that there are many options available to you. You may have a 401K, an IRA or a 403b. You may want to have additional money set aside for retirement besides what you have in these accounts. The way you invest the money in these accounts may affect your rate of return, and how much money you have available to you when you retire. Some banks will offer IRAs that are Certificates of Deposit (CDs). While others will allow you to choose what types of funds you put your money in. Your … Continue reading