Will Debt Spoil Too Many Retirements?

Will Debt Spoil Too Many Retirements?

The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible point for that list: pay off as much debt as you can before your “second act” begins.    Some baby boomers risk paying themselves last. […]

Little Things that May Help Your Retirement Savings

Little Things that May Help Your Retirement Savings

Saving for retirement takes decades and demands the investment of significant amounts of your income. As this major effort unfolds, you should recognize that some subtle factors and seemingly minor decisions could end up making a sizable and positive impact on your financial future.        Your investment yield may be less important than the […]

Retiring Before 60?

Retiring Before 60?

How could you retire in your 50s by choice? You will need abundant retirement savings and ways to access your retirement assets that lessen or avoid early withdrawal penalties. You may also need to have other, sometimes overlooked, components of retirement planning in place.  There are ways to tap retirement savings accounts before 60. True, […]

Should You Look at Insurance as an Investment?

Should You Look at Insurance as an Investment?

Is a permanent life insurance policy an investment? One financial professional might answer that question with a “no,” while another might say “in a sense, yes.” Just as some people see a home as an investment, while others do not. Opinions differ.    Everybody can agree on the core purpose of a permanent life insurance […]

Saving More Money, Now & Later

Saving More Money, Now & Later

Directly & indirectly, you might be able to save more per month than you think. Hidden paths to greater savings can be found at home and at work, and their potential might surprise you.     Little everyday things may be costing you dollars you could keep. Simply paying cash instead of using a credit card […]

Could You Create Your Own Pension Plan?

Could You Create Your Own Pension Plan?

Contrary to popular belief, classic pension plans have not disappeared. Corporations have mostly jettisoned them, but highly profitable small businesses are giving them a second look. Why are small business owners deciding to adopt old-school, employer-funded retirement plans?    The tax breaks attached to a defined benefit plan may be substantial. In fact, if these […]