If you have been using the lottery as your planning for the wealthy part, I want you to rethink your strategy and figure the odds.
There’s lots of books about how to raise kids but there isn’t much about how to plan financially for a baby.
There are 50 million 401K accounts with an average balance of just over $60,000, according to the Employee Benefit Research Institute. That’s not enough!
There are so many excuses I have heard why people don’t save for retirement.
You can save for both college and your retirement. WBZ’s Dee Lee tells you how!
Having a baby usually gets you thinking about college planning and puts retirement planning on the back burner, but it is important to do both.
In order to retire comfortably, you have to do some planning.
Social Security was never meant to be your sole source of income during retirement, so look into having at least two more income streams.
The reality is that you’re responsible for your own retirement savings, so start saving in your 20′s.
So often people confuse this demographic group with anyone just getting out of college. Gen Xers are the Boomers’ babies!