Don't be afraid of retirement
To some, retirement is a dirty word. It may be hard to imagine yourself as a senior citizen because it feels so far off. Or the idea of saving for retirement may be just plain overwhelming.
To some, retirement is a dirty word. It may be hard to imagine yourself as a senior citizen because it feels so far off. Or the idea of saving for retirement may be just plain overwhelming.
As you consider your goals for the New Year, I hope one of them is to save for retirement. But with so many different ways to go about it, you may be left with one question: What do I do first?
If you know anything about retirement plans, you probably know about the big guys: the 401(k), the traditional IRA, and the Roth IRA. But what about the Roth 401(k)?
Investment lingo can be a bit complicated, but let's break down one type of investment option that's up for debate: target-date funds.
Thanks to the recession and the skyrocketing price of higher education, many families are forced to choose between socking away for their kids' college education and saving for retirement.