The average 401(k) balance came in at $88,600 at the end of the second quarter of this year according to a report released by Fidelity, which represents 12.4 million U.S. workers. Younger workers had saved less and older workers more.
I often hear from listeners who are about to retire and they realize they fall into the category of having too many retirement plans.
Before we begin our series this week on members of the Over the Hill Gang, we should establish just who is over the hill.
Your baby just turned 17 and will be a senior this fall. What happened to all of the planning you were going to do?
Where there were two there now could be three, four, or more if you used fertility drugs.
The #1 worry for most retirees is not having enough money to cover all of the health care costs in retirement.
There are thousands of mutual funds to choose from and you will need a disciplined process to whittle down the number to something that is manageable.
To reach your financial goals of a comfortable retirement or sending the kids to college you will be investing in the stock market.
The average 401(k) balance came in at $80,600 at the end of the second quarter of this year (2013) according to a report released by Fidelity, which represents 12.4 million U.S. workers.
Sixty percent of employers offer some sort of retirement plan but only about fifty percent of employees take advantage of the plans offered.