One of the timeless ways to save money is to comparison shop, and switching to a Medicare Part D plan that costs the least amount of money would be a great way to save. But yet, only about seven percent of seniors who enroll in Medicare Part D changes plans each year, according to the […]
Even though the majority of Americans are worried about the possibility of outliving their retirement money, passing away with a still-loaded IRA could cause its own set of headaches for your heirs. Whether you’ve recently become the beneficiary of a loved one’s IRA, or are planning ahead in case your retirement account outlives you, here’s […]
Congratulations! You’ve built up your nest egg, and your retirement is set just as you’re leaving the work force. But what are you planning to do with that egg? You’ve sat on it for years now; do you simply crack it open and see what spills out? You spent your entire career working and stashing […]
In recent years, a “set it and forget it” approach to long-term investing has become increasingly popular. One of the ways this trend manifests itself is through “target date” retirement funds. Target date funds are designed to automatically adjust as you get closer to retirement age. Your asset allocation is shifted from an emphasis on […]
Would you pay hundreds of thousands of dollars if you could get the same (or better) product for pennies on the dollar? Probably not. Unfortunately, that’s exactly what people are doing with their 401k plans. The management fees these plans charge sound very innocuous. How much does 1 percent really add up to? The answer […]
Investing for the future is important. While retirement may be a long way off, it’s always a good idea to begin saving early. My wife and I are beginning to take steps to invest for our future. We have paid down our student loans significantly and now have more money to put aside for the […]
