Browsing Tag

Retirement

Retirement: ‘A Struggle for the Millennials’

“It hit me hard. Very difficult. I had to save. I had to dive into my 401 (k), ”said Matt Burns, an Austin, Texas resident on leave from his job at a company that hosts corporate events."These bills come like clockwork," said Mr. Burns,…

How to discover your best spending rate in retirement

After decades of saving to retire, many Americans are excited to finally quit work and enjoy their free time.But for some, switching to a spending mindset can be a difficult transition after focusing on saving."There are many unknowns and…

7 Steps to Take Now to Catch Up on Retirement Savings

Another option is to apply for coverage through the Affordable Care Act, which offers a range of plans even for those who are still unemployed.Make catch-up contributions. If you're 50 or older, the Internal Revenue Service offers you some…