“If you fail to plan…”
Benjamin Franklin is often credited with one of my favorite (and most appropriate, considering) adages, “If you fail to plan, you are planning to fail.” As the year is still […]
Traditional or Roth – Which is Better?
Both Roth and regular retirement plans provide tax deferral on investment earnings. But when it comes to contributions and withdrawals, a Roth is the mirror image of a traditional plan. […]
How Do You Define “Ready to Retire”?
Some food for thought from the latest Fidelity Investments retirement research survey. The latest report summarizes their findings when asking people to assess their own retirement readiness. What may surprise […]
Retirement Preparedness Starts with Understanding Income Replacement Needs
The Government Accountability Office (GAO) recently released its latest report on the state of the country’s retirement security. The Office was tasked to review what consumption looks like in retirement […]
Playing Retirement Savings Catch-up at Age 50
According to a December study from Transamerica, the total household retirement savings of American workers age 50 and older is a median $135,000. Consider that if you were to use […]