If there's one concept you need to understand when it comes to saving and investing, it's compound interest.
Here's hoping ALL women will be financially safe and sound and able to enjoy their post-work lives!
A new study shows that folks in their 60s with a 401(k) have less than a quarter of what they need to maintain their standard of living in retirement. And 25% of Baby Boomers have no retirement savings at all.
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?
