Is there ever a time to NOT save for college?
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.
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.
Yesterday you heard me rave about 401(k)s, the best savings deals around. But if your company doesn't offer it (or if you've maxed out your 401(k) contribution), here's another easy way to save for retirement: Open an IRA.
It's easy these days to write off the idea of contributing to retirement savings accounts like 401(k)s. You've heard scary stories of people losing half their life savings in the chaos of the market.