#get calculated

Don’t be too generous with your retirement cash. Unless you have a calculated plan!

We hear a lot these days about the strains on the sandwich generation, those caught between the demands of their children and their aging parents. Yet a recent study suggests these intergenerational demands aren’t always equal: while children can strain middle-aged pocketbooks, aging parents generally don’t.

Indeed, older family members are more often on the giving end than on the receiving end…

The Cost of Postponing Saving

The Cost of Postponing Saving

By C.I.S. Inc.

Let’s face it- people love to procrastinate. When it comes to saving for the future, that fact certainly rings true.  I’m sure you want the best financial future, but waiting too long to start saving can prevent you from reaching your goals. It’s critically important to figure out how much savings is needed on a monthly or an annual basis and what…

Most young Americans are poorly educated about financial planning, retirement and preparing for a life without work. Even if many 20-somethings don’t explicitly think or say that it’s too early to think about retirement, most act as though retirement is something to worry about later in life. However, if millennials learn to maximize their earnings potential, pay down debts responsibly and build…

If you started saving as soon as you got out of college, had a stable job throughout your career and lived below your meansall your life, you have likely amassed more than enough to live comfortably for the rest of your life. However, many people who did everything right still feel nervous about leaving their steady paychecks to retire because they are still wondering whether they will outlive…

Most employer-sponsored workplace plans have company matches, which really is free money you shouldn’t leave on the table. An individual retirement account or Roth IRA can supplement the plan or be a substitute if he doesn’t have access to a workplace plan.

As a freelancer, you have numerous options for setting aside money for retirement, including Simplified Employee Pensions (SEP), Savings…

Are you one of the many people who don’t have a 401(k) at work?

Wondering how in the world you’re going to save for retirement without one?

Never fear, I have a few suggestions! There are a few really good options for saving for retirement besides the 401(k) Holy Grail. Read on weary retirement saver and you shall find.

1. Traditional IRA or Roth.You can contribute to either one if you do not…

You can borrow up to half the balance in your employer-sponsored retirement savings account, but that doesn’t mean it’s a good idea.

All it usually takes to borrow money from your 401(k) are a few clicks on a website, and a check will arrive a few days later.

That is why U.S. retirement industry leaders talk about the prospect of doing away with 401(k) loans before younger workers follow in the…