It seems to be a common theme at cocktail parties: “With the way the market is going now, I don’t think I will ever be able to retire.” But is it really that bad? What are the retirement challenges you need to prepare for? Million Dollar Nest Egg? At first glance, it certainly looks like […]
Tag Archives | retirement
Are You Ready to Retire?
Here are some questions to ask yourself when deciding whether or not you are ready to retire. Is your nest egg adequate? It’s obvious, but the earlier you retire, the less time you’ll have to save, and the more years you’ll be living off of your retirement savings. The average American can expect to live […]
Making the Most of Your 401(k) Plan
A 401(k) plan represents one of the most powerful retirement savings opportunities available today. If your employer offers a 401(k) plan, and you’re not participating in it, you are not taking advantage of one of the most efficient investments that can be used for retirement. Contribute As Much As Possible The more you can save for […]