Save A Little Something Extra

There are some advantages to getting older, especially if you are behind in your retirement savings. In the year you turn age 50 (and every year thereafter until retirement), individuals are allowed to make “catch-up” contributions to help boost retirement savings. In qualified retirement plans like 401(k)s, the catch-up amount is $6,000; for IRA accounts, the amount is $1,000. But how much does that boost in savings help?...

Statistically Speaking

Everyone’s lives take them down different paths, but most working people share a common goal: to eventually be able to retire. After working for the majority of your life and saving money along the way, retirement is a life chapter that you deserve to experience in the best possible way....